14-storey-condo-building-pitched-for-oak-&-king-edward
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14-Storey Condo Building Pitched for Oak & King Edward

Westbank has submitted a rezoning application for the Esso Station at the Southwest corner of Oak Street and West King Edward Street in Vancouver. The 11,328 SF site at 1010 West King Edward is currently zoned C-2, which allows up to 6-storeys for rental, or 4-storeys for condo. The Cambie Corridor Plan allows up to 6-storeys for condo and 3.0 FSR. The proposal is to allow for a 14-storey condo building that includes: 85 condo units; 34 one-bedrooms, 36 two-bedrooms & 15 three-bedrooms; 800 SF of retail space on the ground floor; a total density of 8.0 FSR; A building height of 143 ft. 106 underground parking stalls. This application is being considered under the  Cambie Corridor Plan. The architect for the project is Olson Kundig, who also designed Wesgroup’s condo project “W16” at West 16th and Cambie Street. The full rezoning application can be viewed here: https://www.shapeyourcity.ca/1010-w-king-edward

latest-broadway-plan-tower-application-is-for-127-units-at-east-14th-&-prince-edward
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Latest Broadway Plan Tower Application is for 127 Units at East 14th & Prince Edward

The latest Broadway Plan rezoning application is for an 18-storey tower at 360 East 14th Avenue in the Mount Pleasant area of East Vancouver. The site is located just West of Mount Saint Joseph Hospital. The plan for the site includes: 137 units with 20% of the floor area for below-market rental units; a total density of 6.50 FSR; A building height of 186 ft. This application is being considered under the  Broadway Plan . The architect for the project is Stuart Howard. The full application can be viewed here: https://www.shapeyourcity.ca/360-e-14-ave Comments are closed.

opinion:-7-factors-to-carefully-consider-for-the-granville-strip’s-revitalization-|-urbanized-–-daily-hive-vancouver
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7 factors to carefully consider for the Granville Strip’s revitalization

There is no question that the City of Vancouver’s long-term master plan to revitalize the Granville Entertainment District has the potential to be a transformative game changer for downtown. This week, with the possibility of some amendments, Vancouver City Council will approve the Granville Street Plan — a comprehensive framework that sets the stage for high-density, mixed-use developments that largely complement entertainment-focused uses, alongside significant upgrades to public spaces along Granville Street between West Georgia and Drake streets. The plan also calls for major traffic changes: Granville Street would be fully closed to all vehicles, including TransLink buses, to create a vibrant, car-free, pedestrian-only corridor designed to support events and street-level activity. But let us be clear — while improved public spaces are important, they are not enough and could be a distraction from the core issues. The Granville Strip’s decline has not stemmed from a lack of wide sidewalks, seating, and other fixtures. It is largely an economic problem rooted in years of disinvestment, high commercial vacancy rates, and a failure to adapt to changing patterns of nightlife, retail, experiential attractions, and entertainment — all of which are compounded by a range of public safety concerns, both real and perceived. When examining the economic roots of the Granville Entertainment District’s decline, much of it can be traced back to the decline and closure of its once-thriving cinemas. While the street’s downturn has been a gradual process over several decades, it was the loss of these major anchors that truly tipped the scales, triggering a steady erosion of foot traffic and economic vitality on the Granville Strip. Until the early 2000s, large multi-screen theatre complexes like the six-auditorium Capitol 6 and the seven-auditorium Empire Granville 7 were major draws for the Granville Strip, bringing a steady flow of people of all ages throughout the day and into the evening. Combined, just these two cinemas, not including others nearby, had a combined seating capacity for approximately 5,000 theatre-goers — each with a capacity of around 2,500 — anchoring Granville Street as a vibrant entertainment destination. But over time, the older multiplex theatres in the Granville Entertainment District struggled to compete with the rise of modern stadium-style cinema complexes elsewhere in the city centre and Metro Vancouver. This trend led to the closure of Capitol 6 in 2005 to make way for the Capitol Residences tower, completed in 2011. Around the same time, the new Scotiabank Theatre (originally named as Paramount Theatre) opened just a few blocks away on Burrard Street, drawing foot traffic away from the entertainment district. It is worth noting that the massive Capitol 6 complex was not actually located on the Granville Strip itself. While its entrance was on Granville Street, all of its auditoriums were located on an adjacent large building spanning nearly half a block on Seymour Street, connected by an enclosed pedestrian bridge over the laneway. The Orpheum Theatre, previously used as a cinema before its current use for live performances, follows a similar configuration — its auditorium of heritage significance is situated on Seymour Street, while its iconic Granville Street entrance is linked by a footbridge as well. As for Empire Granville 7, its auditoriums were contained within an almost half block parcel of Granville Street. It gradually faded into irrelevance and ultimately became the Granville Strip’s last theatre, until its closure in 2012. The site remained dormant for years until late 2024, when Cineplex’s The Rec Room finally reached completion and opened, marking a long-awaited return of entertainment programming to the large property on the Granville Strip. Time-lapse video of the demolition of Capitol 6 Theatre in 2006/2007: Empire Granville 7 theatre at the Granville Entertainment District before its closure. (Google Maps) Will this actually catalyze new development worthy of the entertainment district? All of this leads to the first major question: Will the new development allowances outlined in the Granville Street Plan actually motivate property owners and developers to move forward with truly ambitious building projects worthy of the entertainment district? If the Granville Street Plan is to be successful, the revitalization must begin with creating major anchors — a critical mass of destination attractions, modern performance venues, vibrant nightlife establishments, and experiential retail. These are the kind of uses that once made the Granville Strip a cultural and entertainment powerhouse. As downtown Vancouver continues to densify and most surface vehicle parking lots and easily developable sites off Granville Street have already been built out, the solution now lies in embracing significant verticality for the entertainment district’s evolution — a shift made possible by the new plan, which replaces outdated policies that previously restricted the economic viability of new contemporary developments with enhanced commercial and entertainment uses. Moreover, verticality is a practical necessity due to downtown Vancouver’s relatively tight urban fabric. The city’s already small blocks are further constrained by laneways that bisect most blocks, making development parcels even narrower and more challenging to develop. These physical limitations can restrict the scale and types of projects that can be built — unless greater height is permitted. The Rec Room Granville at 850 Granville St. (Kenneth Chan) The Rec Room Granville at 850 Granville St. (Kenneth Chan) For example, permitted added building height could have theoretically given Cineplex the flexibility to consider building a larger Empire Granville 7 redevelopment — one that not only accommodates Western Canada’s flagship The Rec Room, but also includes

Vancouver falls down the list of top cities
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Vancouver falls down the list of top cities in the world for 2025

Vancouver is known around the world thanks to top attractions like the Honda Celebration of Light and award-winning dining spots. However, a new ranking has revealed the city is slipping a bit compared to its peers. The Oxford Economics Global Cities Index has released its report for 2025, which is a holistic ranking of the 1,000 cities included in its Global Cities Forecasting Service. Cities are scored across five categories to achieve a well-rounded comparison of locations. The five categories are Economics, Human Capital, Quality of Life, Environment, and Governance. Vancouver has made the list once again this year; however, it has slipped a few spots down the newest global ranking. Kenneth Chan/Daily Hive Vancouver came in 20th place last year, ranking 35th in economics, 33rd in human capital, 78th in quality of life, 149th in environment, and 52nd in governance. In 2025, Vancouver dropped 17 places to land in 37th place, with rankings dipping in three categories: 53rd in economics, 52nd in human capital, and 186th in quality of life. However, the city’s score jumped in two categories: it ranked 61st in environment and 27th in governance. “Arguably one of the most picturesque cities in the world, it is no surprise that Vancouver is such an attractive location for many Canadians and international migrants,” wrote Oxford Economics Global Cities Index in its report. “For those who can handle the steep housing costs, there are few other cities that can match Vancouver’s economic strength and human capital.” Charles HHuang/Shutterstock The Global Cities Index covers the 1,000 largest cities in the world, which are located in 163 different countries, including 103 cities in Canada. Toronto ranked as the highest city in Canada on the list at #20, with Montreal coming in at #43, and Ottawa-Gatineau at #88. Calgary landed in #50 and Edmonton settled even further down on the list, coming in at #131. You can check out the full ranking online. With files from Laine Mitchell

116-rental-units-planned-for-telus-site-in-east-vancouver
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116 Rental Units Planned for Telus Site in East Vancouver

Ledcor has applied on behalf of Telus for the rezoning and redevelopment of an existing Telus owned property at 6486 Chester Street in East Vancouver. The site is an existing infrastructure site for Telus, one of several proposed for residential redevelopment. The proposal is to allow for the development of a 6-storey rental project that includes: 116 rental units; a telecommunications facility on the northeast corner of the site; a total density of 2.89 FSR; A building height of 73 ft. This application is being considered under the  Secured Rental Policy. The architect for the project is Yamamoto Architecture. The full rezoning application can be viewed here: https://www.shapeyourcity.ca/6486-chester-st

new-13,000-sq-ft.-off-leash-dog-area-now-open-in-vancouver-park-–-daily-hive-vancouver
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New 13,000 sq. ft. off-leash dog area now open in Vancouver park.

Vancouver dog lovers and their pups now have a new place to run around after the opening of a new off-leash area in South Cambie. The City unveiled the nearly 13,000 sq. ft. off-leash area in Heather Park, located at the southeast corner of West 18th Avenue and Willow Street. According to Park Board Chair Laura Christensen, the new off-leash area is another milestone in the City’s commitment to increasing dog-friendly spaces in Vancouver. Isabelle Vauclair “Our People, Parks and Dogs Strategy highlights the importance of building a varied network of off-leash areas throughout the city that meet the needs of all park users, including those with and without dogs,” said Christensen in a release. “We’re thrilled to welcome Vancouver’s four-legged community and their owners to Heather Park.” Heather Park’s off-leash area features a large open space and a series of agility features, including hurdles, stepping stones, and a ramp. Additional seating for owners and a drinking fountain and dog bowl have been added for two- and four-legged visitors. Isabelle Vauclair The design for the South Cambie off-leash area was created using feedback from over 1,300 people who took part in two rounds of public engagement. Heather Park is one of three new off-leash dog areas proposed for Vancouver parks. Work is expected to be completed this summer at a similar area at Granville Park in Fairview, and a renewal and expansion of Emery Barnes Park’s off-leash area is slated for completion around the same time.

vancouver-swamped-by-unsold-condos-as-supply-outpaces-demand-–-the-globe-and-mail
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Vancouver swamped by unsold condos as supply outpaces demand

Open this photo in gallery: A condo tower under construction in downtown Vancouver, on Feb. 9, 2020. DARRYL DYCK/The Canadian Press In Metro Vancouver, supply has most definitely outpaced demand. The number of newly built, unsold condo units in the Vancouver region is expected to increase by 60 per cent by year’s end. That will bring the total of new units sitting empty to 3,493 – a 60 per cent increase from the 2,179 homes that sat empty and unsold by the end of 2024. These are multifamily units that have an occupancy permit and are move-in ready. Ryan Berlin, head economist and vice-president of Rennie Intelligence, part of Rennie Marketing, a Vancouver-based real estate marketing firm that represents some of the country’s largest developers, said 2025 will close with the “highest level of unsold condo inventory” that the region has seen in many years. It’s a bleak situation for developers, hampered by trade wars, an uncertain interest rate, rising costs and regulations designed to thwart a previous market that was driven by speculation and investment. Those days are over. “Right now, the market is out of gas. Nothing is working for developers. It’s not really working for buyers. So, we’re just kind of stagnating right now,” said Mr. Berlin. The story is all about the missing investor – a key player in the housing market. And they’ve run for the exits. Mr. Berlin has long kept statistics on investors, and from 2020 to 2023 they represented half of Rennie Marketing’s buyers. By 2024, they made up one-quarter of buyers. This year, only seven per cent of buyers are investors, he said. The investor buyer has kept the condo market going for decades. Willing to put up the deposit far in advance of the completed building, the investor enables the developer to obtain financing to construct. Once completed, the investor finds tenants for the unit, and investor landlords became a significant source of housing in the rental market. When lucrative rents were achievable, and borrowing money was cheap, the investor could easily cover costs, known as positive cash flow. But the conditions flipped, and with dropping rents and rising interest rates, many of them entered significant negative cash flow, said Berlin. “It’s not very palatable,” he said. There are other factors. Mr. Berlin said that the capital gains inclusion rate may no longer be on the table, but it created enough fear that people sold off properties. The federal anti-flipping tax, which treats gains on the sale of a house within one year as business income, has also curtailed investor buying. The federal temporary foreign buyer ban has reduced foreign money investment. Short-term rental restrictions have also put a dint in the investor market, particularly in tourist-driven markets like Kelowna. Developers were already dealing with high construction costs and soaring municipal fees. And policies that made sense in a hot market rife with speculation – which defined 2015 and 2016 – are restricting the market even more. “If somebody has money to invest in something and they look at this market, they’ll go, ‘Wow, I’m really being squeezed. Maybe I’ll just put it into a GIC.’ “It’s not to judge any of these policies as being good or bad overall for society, like a sort of net utility,” said Mr. Berlin. “But certainly, for investors … this real imbalance got created between risk and reward. The opportunity for reward diminished and the risks increased.” The dire situation has some developers asking for relief, such as easing up on the requirement that they provide social housing within a rental or strata tower, such as around transit-oriented areas and within some parts of the massive Broadway Plan area of Vancouver. Developer Tony Hepworth, president of Pennyfarthing Development, said six-storey wood-frame buildings are far more realistic than concrete towers. And the requirement to provide 20 per cent social housing in residential towers isn’t viable for most developers in this market. “We haven’t seen it yet, and not in Vancouver, but other municipalities have started dropping their requirement for affordable housing, from 20 to 10 per cent. I think they are going to have to drop it,” he said of Vancouver. “Talking to my colleagues, and some of them are bigger developers than we are, and we are saying that we can’t see how these big towers can go ahead, whether condo or rental at the moment.” Commercial broker Ian Brackett, from Goodman Commercial, said the cost to build a below-market rental unit is about double the actual value of the unit once completed. It means the market rate units elsewhere in the building must be significantly higher, and renters can only pay so much. “It has become very obvious that insisting on 20 per cent below market has become too much of a burden and is rendering many projects unfeasible,” said Mr. Brackett. “The question becomes, would renters and the city as a whole be better off having more housing built even if it is all at market rates, if the alternative is to have nothing built? Twenty per cent of nothing is zero.” The city said in an e-mail response that it is open to making policy changes to address the increasingly challenging market. “City staff certainly appreciate that market conditions are difficult for development at this time,” said Matt Shillito, director of special projects. “The market is dynamic with many different

How to Buy a House in British Columbia 2024
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How to Buy a House in British Columbia Canada

Buying a house is no small feat. It is one of the biggest and most important purchases that you can make in your lifetime, meaning it is important to get it right. What really makes the process a success is if you are able to move into a home you can see yourself living-in, while…