Why waste the money having the Hastings Line loop around? Build it in stages. First stage running east to atleast Boundary, if not all the way to Wellingdon/BCIT. Second stage to Metrotown. Then third stage go back to Waterfront, build another platform to the north to avoid scheduling conflicts with trains, and run a line up Pender, loop it through the west end, under False Creek, to the Broadway extension. Eventually have the end at Metrotown and the end at the Broadway extension expanded so they meet in southwest Vancouver.
This will serve the northern portion of the penninsula, and end up being a far more productive and usefull line than a loop ever would be. If you still have a hard on for a downtown specific line, you could have the line branch off in the West End and hit up Roundhouse and Stadium stations before re-merging with the line somewhere in Chinatown to form a loop.
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