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Downtown Vancouver: 'Living First' Becomes 'Condos Only'

Posted by: Chris Steins
Thanks to: ArchNewsNow
17 August 2005 - 9:00am

Is downtown Vancouver becoming a fool's paradise because of short-sighted planning? People are moving downtown to live and play here, but not to work.

"According to condo and live/work tower developer Ian Gillespie, there is now a five-to-one ratio between the economic return per square meter of new condominium apartments built in downtown Vancouver versus a square meter of new office space.

...Downtown Vancouver faces the dismal prospect of fewer and fewer sites having the proper size and location for office towers. This will fix our destiny as a short-sighted residential resort, not the diverse and lively mixture of living and work that is a real downtown."

Full Story: Downtown Vancouver's Last Resort: How Did Living First Become Condos Only?
Source: ArchNewsNow.com, August 15, 2005
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