Proposed Vancouver Liquor Rules Could Affect Properties
Proposed new Vancouver liquor regulations could have retail and hospitality real estate implications if they are adopted.
City administrators will present a report Wednesday that calls for new rules allowing bars and nightclubs to be situated closer together. The report contends that the proposed changes will remove regulatory barriers and create opportunities for new and existing businesses.
The city’s general manager of development, buildings and licensing will present the report to the standing committee on finance and services. If approved, the new rules will amend a 2005 policy that requires liquor establishments to be distanced from each other. The policy change would include by-law revisions.
Councillor Mike Klassen told Connect CRE that the proposed new rules will give small business operators a chance to innovate and respond to the market.
“I hope that [the revised policy] makes it a more level playing field for the venue operators,” said Klassen. “It’s expensive to try and lease and run a piece of property. But I’m hoping that it puts a bit more competition out there and allows other players to be able to afford to run their establishments.”
The report also calls for the city to lift its moratorium on liquor licenses in the Granville entertainment district. If approved, the revised policy would also allow certain classes of liquor establishments to have more seats. A maximum of 200 people would be allowed in establishments near residential areas.
“From a real estate standpoint, it’s making sure that people can afford to run their businesses and pay their rent,” Klassen said of the new policy.
Klassen is a member of the ruling ABC Party that holds an overwhelming council majority. He expects the revised policy to be approved.
The report calls for the extension of a moratorium on new liquor establishments on the Downtown Eastside. That moratorium also covers adjacent Gastown and Chinatown and other nearby areas.
City staff plan to bring recommendations on that moratorium forward in 2023 following more consultation with stakeholders.
(Pictured: Granville entertainment district, Vancouver)
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.