Posted by: Daryl & Wendy Ashby | December 6, 2010

Opportunities

Vancouver, long recognized as a port city, is about to see a rebirth in industrial developement as it relates to sea port activity.

The Tsawwassen First Nation (TFN) has 300 acres it plans to developer in partnership with local developers for port-related industrial use. Servicing of the first 100 acre parcel is already underway and a request for expressions of interest in developing and managing facilities on that site closed July 16.

Chris Hartman, CEO of TRN Economic Development Corp. heads up the endeavour and states that construction along will generate 200 new jobs. Once completed, the related warehouses will bring on another 700 to 800 job opportunities.

There will be the construction of a 40-kilometre South Fraser Perimeter Road which will connect Delta and Surrey as well as industrial areas of the Fraser Valley with a new container facilities at Deltaport that is on the books. “Connections to warehouses and distribution facilities will become shorter, while product heading to other destinations across North America will be able to move down the line in short order.

A $6 million infusion of federal infrastructure funding has to be spent on site servicing by March 31, 2011, allowing TFN to begin construction of warehouses next year. “We’ve got sites with multiple rail options, which we have not seen for a long time,” said Malcolm Earle, an industrial specialist and vice-president with Colliers International in Vancouver. “There are a number of land-lese options throughout the market that are in pretty good locations, strategic locations related to ports — and container traffic and rail and everything else.”

So whether it be jobs you are looking for or those rare pockets of land which would ideally fit into this larger picture, don’t waste this opportunity to dig deeper.

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