commercial real estate blog vancouver bc, commercial real estate vancouver bc
General Commercial Real Estate Topics

View All Blog Posts

Bookmark and Share
vancouver bc commerical brokerOn February 1, 2017, Woodfibre LNG announced that the liquefied natural gas plant, located in Squamish, B.C., applied for an amendment to the Environmental Assessment Certificate (EAC), which was originally granted on October 26, 2015.
 
The proposed design changes to Woodfibre are the result of the Squamish Nation’s selection of air cooling as the cooling technology for the project, as well as ongoing front-end engineering design (FEED) work.
 
Woodfibre LNG is proposing the following design changes:
 
1. Changing from seawater cooling to air cooling of the plant
 
2. Upgrading an existing intake on Mill Creek rather than constructing a new intake
 
3. Short-term use of water from Woodfibre Creek during construction
 
The proposed changes would require an amendment to the EAC under British Columbia’s Environmental Assessment Act. The purpose of the amendment is to enable Woodfibre to proceed with these proposed changes.
 
The three proposed changes will also be subject to a technical review, as well as a 30-day public consultation period. From February 9 - March 11, 2017, the public is invited to provide comment on the potential effects that may result from the proposed amendment. 
 
Nonetheless, work continues to forge ahead with the project, which is destined to transform Squamish’s economy and fuel demand for real estate, especially within various commercial asset classes. 

For more information about commercial real estate activity in the Sea-to-Sky corridor, including Whistler and Squamish, please contact our area expert, David Fox, in our Vancouver office.
Error getting status updates from Twitter.
Powered by Webstager