Development Alert

In a historic move, City Council approved the city’s first-ever Official Development Plan (ODP) this March. This plan, triggered by Provincial Bill 18, streamlines the “Vancouver Plan” into a legally binding framework.

• Height Policy Review: As of May 1st, the City is actively seeking feedback on the Higher Buildings Policy. Expect a shift toward taller downtown skylines as the city looks to trade height for community amenities and affordable housing.

• The “Look West” Strategy: Premier David Eby recently announced 17 new priority major projects for B.C., with a heavy focus on infrastructure and skilled trades. This will likely inject significant capital into the local economy, supporting long-term property values.