The following article is written by Grant Woolliams, a Vancouver Realtor with RE/MAX Crest Realty (Westside) who specializes in East Vancouver, the Westside of Vancouver, and Downtown homes. You can visit his website at www.grantwoolliams.ca.
Sometimes the only thing that seems to stay the same in our world is the fact that everything always changes. This certainly appears to be true for Greater Vancouver.
Which areas will see the most drastic change over the next 10 or 15 years? Hard to say, but let’s explore a few areas that won’t be the same for too long.
The Cambie Corridor
In August of 2009, the Canada Line sky train opened and on May 9th, 2011 the City of Vancouver council approved the Cambie Corridor Plan. With this plan both the allowable height and floor space ratio (FSR) of buildings were increased, especially at transit hubs. As the allowable height was raised to between 6 and 12 stories along most of Cambie Street, the area plan does not concentrate density exclusively around stations, but rather supports a more evenly distributed density. However, the largest change will occur at transit hubs such as Oakridge, which will undergo huge change, and the intersection of Marine and Cambie. At Marine and Cambie alone there are several very large upcoming projects such as Marine Gateway by PCI, Cambie & Marine by Intracorp, and a possible development on the northwest corner of this intersection.
Southeast False Creek
When most Vancouverites think of development in False Creek, they think of the Olympic Village which is now known as the Village on False Creek. However, there is much more happening in the area. The False Creek area east of Cambie Street, including much of the False Creek Flats area, has some major, major developments coming soon or already completed. These include Central by Onni, Lido by Bosa, The Maynards Block by Aquilini, Proximity and Opsal Steel by Bastion, James and Meccanica by Cressey, and Pinnacle Living 1 and 2 by Pinnacle International just to name a few! The area has waterfront, excellent views, close proximity to downtown, and will never be the same!