Inflation, rising interest rates create caution across Metro Vancouver’s housing market VANCOUVER, BC –…
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.
Vancouver Real Estate News, Market Updates, Insider Tips, Stats, & Analysis
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