The City of Vancouver has released a report calling for a major densification of Vancouver’s False Creek South. The proposal presented this week by staff to Vancouver City Council would triple the number of homes in this iconic Vancouver waterfront neighbourhood.
Stretching along the south edge of False Creek from the Burrard to Cambie bridges, the area is a milestone in Vancouver’s development history. The one-time industrial site was transformed in the 1970s into a low-rise residential neighbourhood, with almost 2,000 housing units available as long-term leases. Now that the leases are set to expire over the next 15 to 25 years, the impending transition gives the City an opportunity to restructure the area.
The report calls for development over two phases, beginning as early as next year, with the development period extending to 2040. An earlier public engagement session found general support increased density, more family-friendly housing for families, with attention paid to accessibility and environmental concerns.
False Creek residents wanted their current leases extended. The City will negotiate the leases and redevelopment with residents and other stakeholders later this year. City staff will now seek direction from City Council for the next planning steps.