How Did We Get Here?
In 2012, the Capstan Station Funding Agreement was signed between the City of Richmond and TransLink to plan for the construction of the Capstan Station on Canada Line. This was a unique funding arrangement through which the City collected funds from developers in the area in exchange for density bonuses to help raise the necessary money for the project. This was an innovative approach to building projects and delivering an improved customer service, while lessening the burden on taxpayers.
In late 2017, the City of Richmond had raised the necessary funds for TransLink to begin work on a concept design for the station. In December 2019, TransLink and the City agreed to the design concept. TransLink has since been working collaboratively with the City and other stakeholders to progress the design and ensure it meets the City’s objective of a connected, liveable neighbourhood.