Evergreen Line 60% Complete, Housing Market Heats Up

 

In March of this year, that last segment was lifted in into place officially finishing the elevated length of track for the new Evergreen Line extension. This marks a 60% completion point for the entire project slated to open in Spring 2016, but may have to be extended to Fall 2016 due to some unforeseen tunneling issues.

 

The entire length of elevated guide-way totals 1,005 concrete slabs weighing approximately 23-26 tonnes. Along with easing traffic woes in the area, the Sky Train project is also bringing with it much needed repair and investment to local infrastructure, housing and businesses.

 

Some of the local roads are seeing expansion, repair and maintenance due to the Sky Train's presence. As well, investors are taking the opportunity to start building developments at the new stations in anticipation of what the Expo and Millennium lines have done to their respective stations.

"What we have done to develop Sky Train stations is a bit of a phenomenon."

With the ever increasing prices in Vancouver, incredibly low mortgage rates, there is a flow of new home buyers moving east and Port Moody/Coquitlam is a destination people are considering.

 

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- Patti Caldwell


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