Vancouver Reverses Course, Limits Condos

In a policy shift, the Vancouver City Council voted to limit the number of new condos being built downtown in order to preserve room for office space.

"Council voted on Tuesday night to limit residential development within 17 square blocks of what is considered the central business district, centred around the intersection of Burrard Street and West Georgia Street. City staff said there will still be some mixed-use development allowed in about one-third of the space.

The move counters what has been called the livable city model developed by city planners over the past decade to encourage residential condominium construction inside the business district, a model of development that was copied by other cities around the world.

Coun. Raymond Louie said the regulations affect only about 15 per cent of the downtown peninsula and shouldn't change the feeling of life on streets downtown.

"What we've done is stabilize the speculation or reduce the speculation in the central business district, so that office space can be more affordable, because we do need to have a good mix of jobs and people living in the downtown core rather than just having people living or working in the area," said Louie."

Full Story: Vancouver caps downtown condos to save office space



Brent Toderian's picture

Here are two additional articles on the same topic.

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.