Vancouver will gain a well-defined secondary city skyline spanning the length of the Central Broadway corridor to support housing affordability and economic development growth in the region.
As of today, the second last round of public consultation is underway on the City of Vancouver’s Broadway Plan, which was catalyzed by the SkyTrain Millennium Line Broadway Extension project reaching Arbutus Street. In exchange for investments by the provincial and federal governments for the subway project, the City of Vancouver is required to provide new transit-oriented development opportunities near the stations.
The Broadway Plan spans the Central Broadway corridor, framed by Vine Street to the west, 1st Avenue to the north, Clark Drive to the east, and 16th Avenue to the south. The emerging direction of the densification strategy calls for increasing Central Broadway’s population by up to 50,000 to about 128,000 residents — an increase of 64% compared to 78,000 residents today. This would be achieved by growing the number of homes in the area from over 60,000 today to up to 90,000 units, with much of this is intended to be more affordable forms of housing.
Added office, retail, restaurant, institutional, and creative industrial spaces would grow the number of jobs from 84,400 today to up to about 126,000 jobs.
These residential and employment targets through redevelopment are for the next 30 years through 2050.