Tuesday, December 22, 2015

Vancouver land issues offer opportunities for Prince Rupert to take advantage of

The announcement of last week from the Prince Rupert Port Authority and DP World of plans to study the potential for an expansion to the south for the Fairview Container port, has offered up the prospect of even more development for the North Coast.

The background to the proposed study which we outlined on the blog here, will be a welcome concept for many hoping to see the local economy rebound, more high paying jobs and the  population begin to grow once again.

And while the planning is clearly still in its early stages, there's some optimism to be found that the two major partners on the North Coast will find some cause to move forward with the ambitious plan for the area south of Fairview.

Particularly if you begin to review some of the current of conversation taking place in Vancouver these days when it comes to where transportation and shipment facilities found around that region of the province.

Port officials in Vancouver are continuing with their planning for future expansion of the industrial footprint that the Port of Vancouver holds over the Lower Mainland, but while an extensive plan is in place, there's one small problem for the Lower mainland, actual land is becoming fairly scarce when it comes to large industrial use.

The issue has become one that is quite the topic of conversation in the Lower Mainland these days, as some of the items below indicate.

Ports desperate for land
The Biggest Real Estate Challenge Facing Vancouver You've Never Heard Of
Port troubles by lack of industrial land
What's the point of Vancouver?

As the old saying goes, it's all about real estate and for the most part they're not making any more of it...

Something which would appear to offer up an advantage to the Port and DP World as they consider their options for the future when it comes to development of further container shipment opportunities for the North Coast.

Those early thoughts for potential expansion have already caught the attention of the shipping world.

With many trade magazines and websites dedicated to transportation and logistics in the global community making note of the study to be launched on the North Coast.

A bit of early interest and enthusiasm for a study that many will be watching with interest both in foreign ports and on the North Coast.

DP World Studies Prince Rupert Expansion
DP World mulls expansion of Canadian Container Terminal
DP World and the Prince Rupert Port Authority sign feasibility study agreement
Agreement signed to study expansion of Fairview Container Terminal
Prince Rupert considers further container terminal expansion
DP Word in new Prince Rupert expansion feasibility study

For more background on the future plans for the Port of Prince Rupert see our archive items below:

Prince Rupert Port Authority
Fairview Terminal

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