Happy New Year From the Broadway Plan Real Estate Solutions Team

Vancouver Broadway Plan

Happy New Year

After years of delay to the Broadway Plan, it seems that 2022 will see some real progress with the actual line under construction and continued pressure on the housing supply. Planners and all levels of government are desperate/anxious to increase the number of affordable rental units as one of the key election promises during the last cycle that has gone unfulfilled.

Next Benchmark

The City of Vancouver is planning to release their “engagement summary report” which summarizes the public feedback received regarding the Refined Directions (released in November 2021). This is anticipated to be available in mid-January.