City of Vancouver administrators will review the municipality’s protected views as part of a bid to increase density and rental-housing supply.
Councillors unanimously approved a motion calling for city staff to review the city’s 23 view cones that limit building heights in certain areas to maintain North Shore mountain, downtown skyline and water vistas.
Pending its outcome, the review could lead to taller buildings, affecting office developments and other commercial properties as well as multi-residential real estate projects.
The proposed mixed-use redevelopment of the historic Army & Navy department store on the Downtown Eastside could be affected by view-cone policy changes.
Bosa Properties filed a rezoning application for what is known as the Cohen Block on behalf of Army & Navy Properties owner Jacqui Cohen, whose grandfather Sam Cohen founded the Army & Navy department store chain in 1919.
City planners have refused to endorse the project because two proposed buildings would exceed the area’s view cone.
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.