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Vancouver Mayor Ken Sim is seeking more transit-oriented development as part of the city's new housing strategy.

Vancouver Mayor Seeking More Transit-Oriented Development

Vancouver Mayor Ken Sim is seeking more transit-oriented development (TOD) as part of the city’s new housing strategy.

Sim will present a motion for acceptance of the seven-point plan to council this week. The strategy calls for the city to emphasize TOD while prioritizing new housing development, allow for increased density around transit hubs, fast-track the creation of 26 villages and expand enforcement of short-term rental regulations.

“There’s an affordability crisis going on in the city of Vancouver,” he said during a recent news conference. “And, we have a supply-and-demand imbalance in the city of Vancouver, and how we address that over the longer term is: We build more housing.”

Sim wants Vancouver to use its adjacent suburb, Burnaby, B.C., as a role model. The City of Burnaby’s highly successful master plan has led to the ongoing development of several high-density urban enclaves featuring numerous multi-family developments and other commercial real estate projects near rapid-transit lines.

“They’re doing a lot of great things,” said Sim of Burnaby officials. “And, they’ve been able to successfully marry densification and homes.”

Sim said Vancouver’s proposed 26-village plan will enable the city to have more interconnected communities in which retail and residential properties blend together for more livable and walkable neighbourhoods.


Inside The Story

Vancouver Mayor Ken SimCity of Burnaby

About Monte Stewart

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.

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