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The city has become increasingly reliant on developer cash, and deals are secretly made. What’s this all added up to? Rezoning approvals should be motivated by how a project serves a changing city, from population growth to new employment opportunities, and the collection of CACs is a response to accommodating that change. Rezonings should not...
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The City of Vancouver has received an application from GBL Architects Ltd. to rezone the site to a new Comprehensive Development (CD-1) District to permit the development of a 54-storey mixed-use building which includes: 303 market residential units and 152 social housing units; a floor space ratio (FSR) of 7.23; 2,094 sq. m (22,543 sq....
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Excerpt:  The appraisal, conducted for city hall by CWPC Property Consultants, contemplated a 425-foot or 42-storey tower, totalling 390,937 square feet or a 500-foot or 50-storey tower with 567,000 square feet. If the property is not developed in the first five years, city hall has the option to buy it back for the purchase price....
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Excerpt: While the Canadian Recreational Water Quality Guidelines recommend a level of less than 200 E.coli bacteria per 100 mL of water for swimming, East False Creek’s level is at 1,304 E.coli per 100 mL – more than six times the maximum acceptable amount. These readings are based on Vancouver Coastal Health’s latest test conducted on July...
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Excerpt:  Today, there are only 542 affordable units in False Creek North, according to the city, far fewer than the 20 per cent target of approximately 1,500. In fact, rental and non-market housing units together make up only nine per cent of the housing stock in False Creek North, much lower than the overall city average of...
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Housing affordability in Canada’s most expensive market — Vancouver — is at “crisis levels,” according to a new study, which says the re-acceleration of home prices, along with higher interest rates, are “slamming” ownership costs again. Benjamin Tal, deputy chief economist at CIBC Capital Markets said that while measures from regulators and the government such as higher interest rates will slow down...
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Excerpt:  The Vancouver School Board is proposing changes to the Mount Pleasant, Kitsilano and Downtown catchment areas in order to shorten wait lists at certain schools. But data analyst and parent Jens von Bergmann said the school district should have seen this coming. Census data from 2006, 2011 and 2016 show children are taking up an increasing amount...
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Excerpt: As the City of Vancouver works to solve its crushing affordability crisis by building higher, with condo towers becoming homes for everyone from single professionals to couples with children, the infrastructure needed to accommodate the corresponding influx of people is struggling to keep up. Larry Beasley, former chief planner for the city, said developing downtown...
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Excerpt: A controversial piece of property owned by the City of Vancouver has been sold to a local developer for $20-million and a promise to develop tens of millions of dollars’ worth of affordable-housing units. The city announced on Monday that Pinnacle International Inc. beat three other bidders for the property at 601 Beach Crescent downtown,...
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Excerpt: This is public land. Careful public scrutiny is crucial to ensure what happens here is a good deal for the people of Vancouver. In the past several days, the City of Vancouver posted a notice of City-owned land for sale, at 601 Beach Crescent — beside (east of) the Granville Bridge. The deadline for offers...
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