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vancouver bc commerical brokerThe neighbourhood surrounding the Joyce-Collingwood SkyTrain station in East Vancouver could see a big boost in building heights and density if City Council approves a local development plan.
 
At the present time, current land use does not take advantage of highly suitable sites located around the SkyTrain.

The new plan calls for a trio of highrises and a handful of mid-rise buildings around the station transitioning into townhouses and four-storey multi-family apartments.

It also aims to breathe more life into the area with improved:
 
• Land use, density and building forms
• Public spaces
• Amenities needed to support additional population
• Safety and connections for people walking, cycling, driving and taking transit
 
While many people are in support of such a development, some community members have concerns about tower height, traffic congestion and the amenities proposed to support growth in the area. A recommendation to transition from large buildings around the station to lower townhouses near the edges of the plan area has been recommended as a result.
 
To view the full Joyce-Collingwood Station Precinct Plan and Related Rezonings report, please click here. 
 
For more information regarding this development plan, including its impact on multi-family and retail commercial real estate opportunities in Vancouver, please contact our office to speak with one of our associates.
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