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Soon, you’ll receive a mail-in ballot asking you to vote by May 29, 2015 on whether you support the Metro Vancouver Congestion Improvement Tax.

The referendum is for a 0.5% sales tax increase to raise $7.5 billion over 10 years for transportation and transit improvements. Already the province has committed to paying for $2.5 billion of this.

Here are six reasons to vote yes:

1. 35 cents a day is what it will cost. For this, we’ll get an improved quality of life in our neighbourhoods with 400 new buses, 25 express routes, 11 B-Lines, a new subway along the Broadway corridor, a new Pattullo Bridge, maintaining and upgrading the region’s major roads, new light rail routes in Surrey, safer walking and cycling routes, as well as increased service on SkyTrain, Canada Line, SeaBus, West Coast Express, HandyDART and NightBus.
2. Transit sets the direction for future development. It brings transit-oriented development – new, compact, denser, walkable neighbourhoods built with transit as their focus.
3. Transit helps drives affordable neighbourhoods. Denser, smaller units = more affordable homes.
4. Transit helps shape healthier neighbourhoods. Residents walk and cycle more.There is less pollution from less road traffic, and improved road conditions for those who must drive.
5. Transit increases property values along transit. Buyers will pay a premium to live where they can walk to transit. One-third of Greater Vancouver buyers paid more for their homes to be closer or within walking distance to transit.
6. Transit helps our economy. Traffic congestion will cost our economy up to $1.2 billion each year in vehicle operating costs, lost productivity and pollution from emissions. Reduce congestion and economic performance improves. Improved economic performance results in higher income.

'In Vancouver the real estate phrase location, location, location is really transit, transit, transit.' Gordon Price, Director, Simon Fraser University, City Program

Vote YES in the transit referendum

The Real Estate Board of Greater Vancouver is a member of the Better Transit and Transportation Coalition. More than 130 local organizations are also members.

Who else is voting YES? Real estate and business related organizations

BC Building Trades BC Chamber of Commerce
BC Hotel Association BC Ready Mix Concrete Association
Building Owners and Managers Association of BC Concert Properties
Delta Chamber of Commerce Downtown Vancouver Association
Downtown Vancouver Business Improvement Association Greater Vancouver Home Builders’ Association
Maple Ridge and Pitt Meadows Chamber of Commerce NAIOP Vancouver Chapter
New Westminster Chamber of Commerce North Vancouver Chamber of Commerce
Port Coquitlam Business Improvement Association Port Metro Vancouver
Richmond Chamber of Commerce Surrey Board of Trade
Tourism Richmond Tourism Surrey
Tourism Vancouver Urban Development Institute, Pacific Region
Vancouver Board of Trade Vancouver Regional Construction Association
Vancouver AM Tourism Association West End Business Improvement Association

Simon Fraser
Market Update

Simon Fraser Condos

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

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