Vancouver considering financial assistance for businesses affected by Broadway construction – BC

Financial relief may be on the way for businesses impacted by ongoing construction in the busy Broadway corridor.

Crews hammered in, blocking off portions of sidewalks and street parking spaces for months as they worked on the Broadway subway project.

At a meeting on Thursday, councilors unanimously approved a motion directing staff to explore financial relief options for those affected by “cut and cover” tunneling – a particularly disruptive technique that restricts the access of pedestrians, vehicles and buses to traders, as well as their visibility on the street. .

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Some Vancouver businesses are frustrated with the Broadway subway project that hampers access and parking

The motion presented by the conn. Colleen Hardwick notes that not all businesses have been impacted equally by the construction and that the mitigation measures “have not been effective” in offsetting their losses.

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Because the Broadway Subway project is a “design and build” initiative, companies receive information and are consulted less than three weeks before changes are made.

Other Canadian cities, such as Montreal, have launched financial assistance programs for businesses affected by major construction work, the motion reads. This initiative offers a maximum of $40,000 per fiscal year, calculated on the decrease in gross profits recorded by a seller.

In a friday tweet, the Canadian Federation of Independent Business described the approval of the motion as “good news and a big step towards building mitigation policies”. He also called on the BC government to take further steps to legislate a mitigation policy for provincially funded policies.

Click to play video: 'Vancouver City Council's Broadway Plan vote postponed until June 22'

Vancouver City Council’s Broadway Plan vote postponed until June 22

Vancouver City Council’s Broadway Plan vote postponed to June 22 – June 10, 2022

The Broadway Subway project is a $2.38 billion, 5.7-kilometer extension of the Millennium Line, which began construction last spring. The new line is not expected to open until 2025.

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B.C. Transportation Minister Rob Fleming previously said “very extensive consultation” was conducted with businesses along Broadway ahead of the project, and the street would remain open throughout construction.

According to signs posted on the street, however, stopping along certain parts of the street will be prohibited until July 28, 2023.

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Since the shovels went into the ground, some companies have complained about the impact on their bottom line, fearing they won’t survive long enough to see the project’s completion, especially after several months of reduced revenue due to the COVID-19 pandemic.

Mei Goor, owner of Your Dollar Store With More at West Broadway and Yukon Street, told advisers Thursday that her sales have fallen more than 40% since last summer.

“Construction left our business with only one access point, which was on the east side of Yukon Street. The sidewalk to my store at No Frills was blocked and I was told it would remain blocked for another two years and six months,” she said.

“I have to pay extra for my deliveries because our store only has one entrance – my front door on Broadway. There is no on-street parking. All the delivery drivers are struggling to find a parking space.

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Public hearings begin on Broadway redevelopment plan

Public hearings begin on Broadway redevelopment plan – May 18, 2022

Catherine Ellsmere, co-owner of Odin Books, a mental health bookstore on Broadway, also told Global News that foot traffic to her shop has essentially come to a standstill.

In January, the Storm Crow Alehouse on Broadway closed for good, citing supply and labor shortages and the construction of the Broadway subway project as contributing factors.

When complete, the project will consist of 700 meters of elevation from VCC-Clark station to a tunnel portal near the Great Northern Way, and five kilometers of tunneling under the Broadway Corridor of the Great Northern Way at Arbutus Street.

Six subway stations will connect communities to the region, including a connection to the Canada Line at Cambie Street.

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