The following is an excerpt from my final research project in the SFU Urban Studies program. If you’re interested in Main Street Skytrain Station, the neighbourhood around it, or the history of land-use planning policies in eastern False Creek, you’ll love this series!
While O&K Tract Developments had originally planned to develop the land around the station site, they sold the property in 1983 to Newco Investment Corporation. Gerry Olma (of O&K) was retained by Newco to manage a new development proposal next to the station.
A memorandum dated 13 January 1984, from Associate Director of Planning, J.T. Carline, to Mayor and Council, clarified that the original payment deal from 1982 still existed. The fee was intended to be used by BC Transit (formerly the Urban Transit Authority) to improve integration with the adjacent development and other “improvements for the public good”, but it would in fact only be generated…
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