logo
Vancouver council approves controversial Commercial Drive rental tower project

Vancouver council approves controversial Commercial Drive rental tower project

CBC11-06-2025
Vancouver city council has voted to approve the rezoning of a site near the Commercial-Broadway SkyTrain station, which is set to add more than 1,000 housing units across three towers.
Westbank Projects Corp. and Crombie REIT, on behalf of Snowcat Property Holdings, brought forward the proposal in 2023 to redevelop the site at 1780 East Broadway, which presently houses a Safeway supermarket and a car park.
There have been proposals to redevelop the site as far back as 2019, and now that rezoning has been approved, the controversial rental towers will proceed as planned.
They range in height from 36 to 43 storeys in an area that consists mostly of single-family homes, duplexes, low-rise apartments and retail buildings.
WATCH | Long public hearing for redevelopment:
Long-awaited Commercial Drive tower development faces city hearing
1 month ago
Duration 1:27
A decision on one of Vancouver's most valuable pieces of real estate is finally happening. The Safeway next to the Commercial-Broadway SkyTrain station has been the site of speculation for years. CBC's Justin McElroy breaks down why a conceptual debate about the land is about to get a lot more real.
A marathon public hearing saw over 100 people talk to council about the project, with critics saying the tall towers would lead to inflated property values in the area and that they would not be affordable for a majority of Vancouverites.
Ultimately, however, a majority of councillors voted in favour of the project, particularly talking up an accompanying retail space — including a grocery store, office and commercial space, a city-owned child-care facility, and a public plaza running parallel to the SkyTrain station.
"I don't want to see this site remain undeveloped for another 10 or 20 years," Coun. Lucy Maloney said. "I want to see a surface car park replaced with over 1,000 homes."
The units will be built across the three towers. Ten per cent of them will be secured at city-wide average rental market rates and the other 90 per cent listed at prices of the developer's choosing.
Maloney acknowledged that many speakers at the public hearing expressed concern about the affordability of the housing, but said "if this project fails, there will be no affordable homes at all."
Coun. Sean Orr said he thought using city-wide average rents for the 10 per cent of more affordable units was flawed, given how sky-high rents are in Vancouver.
"We need rental units, but I'm worried that we are giving the developer double the height and we're not seeing the full public benefits that we could be seeing at the site," he told council.
Orr was the only councillor who voted against the proposal, with Coun. Pete Fry abstaining and Coun. Brian Montague absent.
Application under community plan
The application was considered under the Grandview-Woodland Community Plan.
A referral report from city staff notes that the application "exceeds the anticipated height and density expected in the plan," but "otherwise generally meets the intent of the plan."
Proponents of the plan argued that the city was in dire need of rental spaces, with one advocate even playing the accordion in city council during the public hearing to encourage councillors to vote in favour.
"There's zero displacement of renters. It's mostly just a parking lot," said advocate Peter Waldkirch in a statement.
However, the megatowers also faced sharp criticism.
Speaking against the proposal, nurse Nancy Hay asked council to vote for rezoning applications guaranteeing at least 20 per cent below-market rental units, saying that many of her coworkers in the health-care sector could not afford to live in Vancouver due to skyrocketing rents.
"I wonder if these monoliths, these proposed monolith towers, are going to house workers ... who are these workers going to be?" she asked.
"They will not be my coworkers — health-care workers, lab technicians, respiratory therapists, occupational therapists, to name a few occupations ... the proposed rent, as you've heard, is way too expensive."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Here's where Canada's effective U.S. tariff rate might stand amid carve outs
Here's where Canada's effective U.S. tariff rate might stand amid carve outs

Toronto Star

time10 minutes ago

  • Toronto Star

Here's where Canada's effective U.S. tariff rate might stand amid carve outs

OTTAWA - Amid the many layers of tariffs and exemptions from the United States, some economists say the effective tariff rate on Canada is much lower than the headline figures suggest. RBC senior economist Claire Fan says the effective tariff rate is an average of the import duties paid on goods heading to the United States that accounts for exemptions tied to the Canada-U.S.-Mexico Agreement.

Here's where Canada's effective U.S. tariff rate might stand amid carve outs
Here's where Canada's effective U.S. tariff rate might stand amid carve outs

Winnipeg Free Press

time10 minutes ago

  • Winnipeg Free Press

Here's where Canada's effective U.S. tariff rate might stand amid carve outs

OTTAWA – Amid the many layers of tariffs and exemptions from the United States, some economists say the effective tariff rate on Canada is much lower than the headline figures suggest. RBC senior economist Claire Fan says the effective tariff rate is an average of the import duties paid on goods heading to the United States that accounts for exemptions tied to the Canada-U.S.-Mexico Agreement. While U.S. President Donald Trump ramped up blanket tariffs on Canada to 35 per cent at the start of the month, that move maintained an exemption for goods compliant with that trade pact. RBC estimates the effective tariff rate on Canadian goods is closer to six per cent today. Fan warns that the effective tariff rate offers a simple explanation for the total level of U.S. tariffs facing Canada, but it can underestimate the severity of the trade disruption. Monday Mornings The latest local business news and a lookahead to the coming week. She says ongoing tariffs of 50 per cent on steel and aluminum, for example, will have an outsized impact on those sectors going forward. This report by The Canadian Press was first published Aug. 12, 2025.

Backed by Canadian Capital, Uno Platform Secures $3.5M CAD in Seed Money
Backed by Canadian Capital, Uno Platform Secures $3.5M CAD in Seed Money

National Post

time10 minutes ago

  • National Post

Backed by Canadian Capital, Uno Platform Secures $3.5M CAD in Seed Money

Article content MONTREAL — Montreal-based tech company Uno Platform is proud to announce the completion of a $3.5M CAD seed funding round. This round, led by AQC Capital, rounds up $6.5M CAD of total investment in Uno Platform to date, and includes investment from Desjardins Capital and Oliva Capital – all Canada based. Article content 'Raising this round entirely with Canadian capital is a proud milestone, not just for Uno Platform, but for the Canadian tech ecosystem as a whole,' said François Tanguay, CEO of Uno Platform. 'It shows that world-class innovation is happening right here at home. This investment allows us to keep growing in Canada, reinvest in Canadian talent, and help shape the future of global software development from our own backyard.' Article content Uno Platform is an open-source, enterprise developer productivity platform for building cross-platform .NET applications that run on Mobile, Web, Desktop. Trusted by organizations such as Toyota, Microsoft and the City of Ottawa, Uno Platform is rapidly becoming the go-to solution for enterprise-ready, cross-platform application development. Article content The investment will accelerate the rollout of premium tooling Uno Platform Studio, built on top of the free and open-source platform. Uno Platform Studio includes Hot Design, a patent-pending visual designer, which lets developers pause a running application and visually edit the UI in real time increasing development productivity by up to 10x. Upcoming Generative AI features will further enhance developer workflows while avoiding the pitfalls of throwaway code that present-day AI falls into. Article content 'Uno Platform is a shining example of Canadian innovation with worldwide impact – redefining how software developers build cross-platform .NET apps in record time,' says Frederic Bastien, Chairman of the Board, AQC. 'Their clear product vision made investing an obvious choice' Article content With this momentum, Uno Platform is doubling down on its promise to deliver the most productive developer experience for building cross-platform .NET applications, powered by unified tooling, real-time visual editing and Generative AI assistance. Article content 'The modernization and digital transformation across industries is driving strong demand for innovative software solutions that help developers do more with less,' says Nathalie Bernard, Chief Operating Officer of Desjardins Capital. 'Our support in this seed round reflects confidence in promising companies led by experienced teams that contribute to Quebec's innovation ecosystem and have the potential for international growth.' Article content 'Investing in Uno Platform was a natural choice for Oliva Capital. We've known François through several ventures and have followed Uno Platform since the beginning,' says Julien Trussart, Partner, Oliva Capital. 'We trust the team—their values, their technical depth, and their bold vision. We're proud to support them as they transform how cross-platform .NET apps are built, with a sharp focus on developer productivity and design-first experiences.' Article content French translation of this announcement can be read here, Article content Uno Platform is an open-source, enterprise developer productivity platform for building single-codebase .NET applications that run on Web, Desktop, Mobile and Embedded platforms. Trusted by global organizations including Toyota, Microsoft and the City of Ottawa, Uno Platform helps developers ship enterprise-grade apps faster using familiar tools and languages. With cutting-edge features like real-time visual editing and Generative AI-assisted workflows, Uno Platform delivers the most productive path to building cross-platform applications in .NET. Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Sasha Krsmanovic – Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store