The City of Vancouver is trading density for childcare, creating much-needed centers from density bonuses for new condo developments. The first such project, a 202-unit building called Atelier, opens one year from now.
"Upscale condo realtor Nahid Aghamolla told the Georgia Straight that buyers at exclusive complexes such as Atelier-where a two-bedroom, 873-square-foot home is selling for $749,000-aren't interested in childcare.
"Nobody cares about these things," she said, noting that most buyers don't have children. "Nobody asks for childcare. They ask for the gym. If they don't have one, they want to know where the closest ones are. Or restaurants and bars. But they never ask about childcare."
For the rest of the city, however, child-care wait lists of up to 1,500 children mean centres such as Atelier's are in demand. In fact, over the next two years, rezoning and density bonusing-such as what's happened at Atelier-is about to make a major mark on the child-care scene."
FULL STORY: Vancouver condo developments adding childcare spaces
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
How Financing Restricts the Rental Housing Market
The way apartment buildings are financed has a major impact on supply and costs.
Houston Mayor Pauses Complete Streets Projects
The move raises concerns among road safety advocates who point out that traffic deaths continue to rise.
Twin Cities Trains Move to Fewer Cars, Higher Frequency
Headways will drop from 15 minutes to 12 minutes.
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