Cities sometimes let developers build bigger building than zoning allows in exchange for cash, affordable units, or other community benefits. Some say these mandatory contributions hold up projects or get passed on to the already burdened real estate consumer more.
But if the city can't show some civic gain from what activists argue is density pain, what incentive do they have to allow more housing? Homes might be more expensive if we take away one of the key bargaining chips planners have to negotiate improvements to metro Vancouver’s communities' antiquated zoning.
But how much is too much? When do concessions become so large that development ceases to be profitable? With rising prices, how can cities avoid the perception of giveaways without making these development charges uncertain and adding to much risk to the development process?
Our panel: developer Damon Chan from Westbank, Gil Kelley, head of Vancouver City Planning, Councillor Craig Cameron of West Vancouver, and David Taylor, VP Colliers will discuss how Community Amenity Contributions and the like get priced in to land acquisition and apartments, how they benefit communities, and how they can best be designed to encourage politically sellable and affordable homes.
Thursday, June 22, 2017
5:00 - 7:30 PM
British Ballroom, Fairmont Hotel Vancouver (900 W. Georgia St, Vancouver, BC, V6C 2W6)
Event includes a reception and presentation. Light food and drinks will be served at the reception.
5:00 - 6:00 PM: Reception
6:00 - 7:30 PM: Presentations, Q&A
RSVP by register on-line before noon on June 21st
Admission Fee (per person):
Regular: CAD $20 + GST / person
Current Full-Time Student: CAD $10 + GST / person
Cancellation and Refund Deadline: June 16, 2017. (Full refund before this date, and no refund after that)
SPECIAL THANKS TO OUR SPONSOR TO MAKE THIS EVENT POSSIBLE: