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City Of Vancouver Staff Propose Sweeping Changes To Curb Speculation In Large Area Around Broadway Subway

City of Vancouver staff propose sweeping changes to curb speculation in large area around Broadway subway

By Charlie Smith for Straight

Senior staff have proposed aggressive measures to curb land speculation over a large area around around the proposed Millennium Line Broadway Extension—including development contributions designed to fatten city coffers.

The Broadway subway will be built from VCC-Clark Station to Arbutus and it will include six stations.

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While a new planning process is underway, Vancouver city staff have recommended that no new rezoning applications be considered in the “Broadway Study Area”, unless they’re for 100 percent social and supportive housing, or community care facilities or group residents.

In a report going to the Wednesday (June 20) policy and strategic priorities committee, this Broadway Study Area is defined as a large swath of land. It extends from Clark Drive in East Vancouver to Vine Street in Kitsilano, and from 16th Avenue to 1st Avenue.Charlie Smith

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