Transit operator aims to help subsidize costs with retail lease revenue
TransLink has increased the amount of revenue it gets from leasing retail space at SkyTrain stations, and it aims to accelerate the pace of that revenue growth in the years ahead.
"We're actively looking at expanding [retail space] at other stations where it's feasible," she said. The corporate structure for overseeing retail space at Metro Vancouver transit stations is complicated, given that not all retail outlets at transit stations contract with TransLink. Retailers see future success at transit station locations Retailers have had mixed success operating stores at transit stations but some are optimistic enough about the future to sign new leases.
"We always look for high traffic and dense areas because we know that people who are looking for pieces of pizza by the slice, and the convenience and quality that we offer, are typically going to be in around these areas."
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