A design and early works agreement is expected to be signed in the third quarter of 2026, with a design-build agreement anticipated in the first quarter of 2028 to commence construction toward a mid-2030s completion. The TerraMarine consortium includes Van Oord, Aecon Group, FlatironDragados Canada, and Carlson Construction Group, and the Roberts Bank Terminal 2 project will add three berths, increase container capacity at the Port of Vancouver by 50%, and create 320 acres of industrial land.