Broadway Subway Project Corporation

What Broadway Subway Project Corporation does

Broadway Subway Project Corporation is a special-purpose joint venture between Acciona and Ghella, established to design and construct the Broadway Subway Project in Vancouver, British Columbia. The entity was awarded the design-build contract in September 2020 and serves as the delivery vehicle for a 5.7 km underground extension of SkyTrain's Millennium Line from VCC-Clark Station to Arbutus Street. The scope includes six new underground stations (Great Northern Way-Emily Carr, Broadway-City Hall, South Granville, Mount Pleasant, Oak-VGH, and Arbutus), twin tunnels excavated by two 6-metre diameter tunnel boring machines named Elsie and Phyllis, 700 metres of elevated guideway, and 22 kilometres of track utilizing Linear Induction Motor (LIM) rail technology. The project is scheduled to open in 2027, after which TransLink will assume operations and maintenance under the Mayors' Council 10-Year Vision.

Name

Broadway Subway Project Corporation

Legal name

Broadway Subway Project Corporation

Website

https://broadwaysubway.ca

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Special-purpose joint venture between Acciona and Ghella delivering a 5.7 km underground SkyTrain Millennium Line extension in Vancouver, BC under a $2.95 billion government-funded design-build contract, opening in 2027.

Ownership category

akta.pro rank

Product category

Public Transit Infrastructure Construction

NAICS

Support Activities for Rail Transportation (4882)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Tunnel Construction (Road, Rail, Utility) (IMAFAEAC)

akta.pro secondary industry

Stations, Platforms & Depot/Yard Construction (IMAFAFAD)

Keywords

• Rapid transit construction
• Public transit infrastructure
• Subway extension project
• Infrastructure project delivery
• Tunnel boring services

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Others

Revenue model

1. Government-Funded Infrastructure Delivery: The Broadway Subway Project is fully funded by government partners. The Government of British Columbia is the primary funder and project sponsor. No commercial revenue is generated by the project corporation itself, which is a special-purpose delivery vehicle for this public infrastructure project.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels12 records

Core offering

Broadway Subway Project Corporation is a special-purpose joint venture delivery vehicle designing and constructing a 5.7 km underground extension of the SkyTrain Millennium Line from VCC-Clark Station to Broadway and Arbutus Street in Vancouver, BC. The project includes six new underground stations, twin 6-metre diameter bored tunnels excavated by tunnel boring machines, 700 metres of elevated guideway, 22 kilometres of Linear Induction Motor rail, and traffic deck systems maintaining street-level traffic during construction. Once completed in 2027, the asset will be handed over to TransLink for operation, with the new line providing 11-minute end-to-end travel time and three times the passenger capacity of the existing 99 B-Line.

Product overview

Broadway Subway Project Corporation is delivering a major transit infrastructure project: a 5.7 km underground extension of SkyTrain's Millennium Line from VCC-Clark Station to Arbutus Street, opening in 2027. The project comprises six new underground stations (Great Northern Way-Emily Carr, Broadway-City Hall, South Granville, Mount Pleasant, Oak-VGH, and Arbutus), twin tunnels excavated by two tunnel boring machines, 700 metres of elevated guideway, and installation of 22 kilometres of SkyTrain track. The extension will move three times more passengers than the current 99 B-Line, with a 11-minute trip from VCC-Clark to Arbutus. Broadway-City Hall Station will integrate with the existing Canada Line, while Arbutus Station will connect to the 99 B-Line for continued service to UBC.

Differentiator

Problem solved

Functional benefit

Products and services

• Broadway Subway Project (5.7 km SkyTrain Millennium Line Extension) A 5.7 km underground extension of the SkyTrain Millennium Line from VCC-Clark Station to Broadway and Arbutus Street in Vancouver, BC. Includes twin bored tunnels, six new underground stations, and 700 metres of elevated guideway. Delivered as a design-build project for the Government of British Columbia with the constructed asset to be operated by TransLink.

Quantifiable outcome

• Transit travel time reduced to 11 minutes from VCC-Clark to Arbutus, saving the average commuter almost 30 minutes per day
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, strategic and minor.

• Broadway Subway Project Corporation (Acciona-Ghella Joint Venture)coreStrategic or Co-development Partner · 3 September 2020An Acciona-Ghella joint venture awarded the contract for design and construction of the Broadway Subway Project. Preferred proponent was chosen July 17, 2020, and contract was awarded September 3, 2020. Contractor administrative inquiries: 604-690-4103.
• Musqueam Indian Band (xʷməθkʷəy̓əm)strategicStrategic or Co-development Partner · 1 January 2016Musqueam is one of three Coast Salish Nations whose ancestral territory includes the Broadway Subway Project area. Engagement and consultation began in 2016 and is ongoing. Musqueam provides archaeology monitoring for the project. Prominent Indigenous artwork is planned for Great Northern Way-Emily Carr, Oak-VGH, and Arbutus stations through collaboration with Musqueam, Squamish, and Tsleil-Waututh Nations.
• Squamish Nation (Skwxwú7mesh)strategicStrategic or Co-development Partner · 1 January 2016Squamish is one of three Coast Salish Nations whose ancestral territory includes the Broadway Subway Project area. Engagement and consultation began in 2016 and is ongoing. Squamish Nation provides archaeology monitoring for the project. Prominent Indigenous artwork is planned through collaboration with Musqueam, Squamish, and Tsleil-Waututh Nations.
• Tsleil-Waututh Nation (səlilwətaɬ)strategicStrategic or Co-development Partner · 1 January 2016Tsleil-Waututh is one of three Coast Salish Nations whose ancestral territory includes the Broadway Subway Project area. Engagement and consultation began in 2016 and is ongoing. Tsleil-Waututh Nation provides archaeology monitoring for the project. Prominent Indigenous artwork is planned through collaboration with Musqueam, Squamish, and Tsleil-Waututh Nations.
• TransLinkcoreStrategic or Co-development PartnerTransLink is the regional transit authority that will operate and maintain the Broadway Subway once constructed. The project is a key part of the Mayors' Council 10-Year Vision. TransLink also led earlier planning stages (UBC Line Rapid Transit Study 2009-2012 and Planning Stages 1 and 2 in 2016-2017).
• British Columbia Infrastructure Benefits (BCIB)strategicImplementation/ SI/ Consulting PartnerBCIB is the employer for skilled trades workers on the Broadway Subway Project under the Community Benefits Agreement. The agreement aims to employ locals, women, Indigenous people, and others traditionally underrepresented in the trades, and increase B.C.'s skilled and diverse workforce. Construction employment opportunities are managed through BCIB.
• Mount Pleasant Business Improvement Association (BIA)minorChannel Partner/ Reseller/ DistributorMount Pleasant BIA is one of three Business Improvement Associations that serve businesses along the Broadway Subway Project route. The project collaborates with the BIA on business engagement, access management, and mitigation measures during construction.
• Cambie Village Business Improvement Association (BIA)minorChannel Partner/ Reseller/ DistributorCambie Village BIA serves businesses along the Broadway Subway Project route and collaborates with the project on business engagement, access management, and mitigation measures during construction.
• South Granville Business Improvement Association (BIA)minorChannel Partner/ Reseller/ DistributorSouth Granville BIA serves businesses along the Broadway Subway Project route and collaborates with the project on business engagement, access management, and mitigation measures during construction.
• Transportation Investment Corporation (TI Corp)coreImplementation/ SI/ Consulting PartnerTI Corp leads the delivery of the Broadway Subway Project on behalf of the Ministry of Transportation and Infrastructure. TI Corp provides the controls, practices, and oversight essential for this complex project. TI Corp is also the entity managing personal information collection under the Freedom of Information and Protection of Privacy Act.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Crosslinx Transit Solutions: Project-specific joint venture created to design, build, and finance the Eglinton Crosstown LRT in Toronto. Directly comparable as a Canadian transit-infrastructure SPV delivering a multi-station, multi-billion-dollar urban rail extension under a fixed-price model with government sponsors.

Broad incumbents

• Acciona Infrastructure: Spanish-headquartered global infrastructure constructor and 50% parent of the JV. Directly comparable as the firm providing the tunneling and rail construction capability behind Broadway Subway, with comparable transit and tunneling reference projects worldwide.
• Ghella SpA: Italian tunneling specialist and 50% parent of the JV. Comparable as the firm's mechanized TBM tunneling expertise underpins the Broadway Subway twin-bore program; Ghella's broader portfolio of metro and rail tunnel projects provides the technical lineage of the JV.
• Aecon Group: Canada's largest publicly traded construction company, active in major transit, tunneling, and civil infrastructure projects including transit works in Ontario and Western Canada. Comparable as a Canadian contractor competing for large public transit megaprojects of similar scale.
• AtkinsRéalis (formerly SNC-Lavalin): Canadian-headquartered engineering and project management firm with deep involvement in transit and rail infrastructure across Canada, including planning and program management roles. Comparable as an incumbent that delivers engineering, project management, and construction services for Canadian transit megaprojects.
• Bechtel Infrastructure: Global engineering, procurement, and construction firm with a track record of delivering large transit, rail, and tunneling megaprojects. Comparable as an international incumbent that competes for design-build transit projects of similar scale and complexity.

Others

• WSP Global: Canadian-headquartered global engineering consultancy with a leading Canadian transit and rail practice, including planning roles on Metro Vancouver rapid transit. Comparable as an engineering services provider that supports — and on adjacent projects competes with — Broadway Subway Project Corporation on transit delivery.
• EllisDon: Major Canadian construction services company active in transit, civil, and large institutional builds. Comparable as a Canadian contractor delivering complex urban infrastructure projects in similar regulatory and stakeholder environments.
• Mott MacDonald: Global engineering consultancy with extensive tunneling, metro, and rail advisory work. Comparable as an engineering services firm that supports transit megaproject delivery and competes for owner-side advisory mandates on similar programs.
• Infrastructure Ontario: Provincial Crown agency that procures and delivers major public infrastructure in Ontario, including transit megaprojects under alternative financing models. Comparable as a government-aligned delivery entity that shapes how SPVs like Broadway Subway Project Corporation are procured and governed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLgtLiwC_tPIO9laStFa2fwHk8TJNe15hp
• Facebookfacebook.com/broadwaysubway
• LinkedInlinkedin.com/company/broadway-subway-project-corporation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Broadway Subway Project Corporation