Market Spotlight: Currently Proposed Rezoning Applications in City of Vancouver

Here is a look at the 31 rezoning applications in the City of Vancouver that have not yet been approved. The various applications have been ranked based upon the % increase in density.

[table id=17 /]

Some interesting observations:

• The average proposed % increase in density is 157%. (Average existing density is 2.00 FSR compared to the average proposed density of 4.42 FSR)
• The top 7 proposed increases in density are single family assemblies along the Cambie Corridor.
• Outside the Cambie Corridor, the average % increase is relatively modest, only 98%.
• Of the 31 rezoning apps:
  • 21 are on the Westside of Vancouver, 10 in East Vancouver
  • 14 contain some form of rental housing.
  • 19 will likely require some form of Community Amenity Contribution*
  • 13 propose mid-rise or highrise forms (only 6 outside Downtown)