One of the biggest initiatives of the current term of the Vancouver City Council has passed.
Mayor Kennedy Stewart and six city councilors voted in favor of the 30-year Broadway Plan, which aims to provide many more housing units in the area bounded by Vine Street, 16th Avenue, Clark Drive and 1st Avenue.
The plan calls for increasing the population in this area from 78,000 today to 128,000.
Under the Broadway Plan, the number of homes in the area would increase from over 50,000 today to over 80,000 by 2050.
The number of jobs in that zone would increase from 84,400 today to 126,400 in 2050.
This would be accomplished through densification.
The only advisers who voted against the plan were Melissa De Genova of the NPA, Jean Swanson of COPE, Colleen Hardwick of Vancouver and Michael Wiebe of the Greens.
The impetus for rebuilding the area is the addition of a new rapid transit line from VCC-Clark Station to Arbutus Street, which is expected to be completed in 2025. It will have six stations.
The plan was criticized for endorsing a large amount of privately operated public spaces rather than new public parks. This area is already considered deficient in parks by city standards.
Opponents also raised concerns about the Broadway Plan’s impact on existing tenants who will be forced out of their homes as their buildings are rebuilt.
Mayor Stewart, on the other hand, said the plan includes Canada’s strongest protections for tenants. Includes the following for tenants who lose their homes because their apartment blocks are being rebuilt:
* paid relocation for temporary rent with an increase keeping temporary rents the same;
* the right of first refusal to return to the new project;
* and rent at 20% less, whichever is less – the Canada Mortgage and Housing Corporation municipal average or existing rent.
“The Broadway Plan will help tens of thousands of people live close to their jobs and ensure that Vancouver remains Canada’s hottest economy,” Stewart said in a press release.
Below you can read what some people are saying about voting on social media.