Vancouver Approves Revised Broadway Plan for Increased Housing and Public Spaces

The plan aims to add 41,500 homes over 30 years while addressing concerns about displacement, affordability, and urban density.

The updated Broadway Plan will allow for taller buildings and increased housing density near new SkyTrain stations, with a target of 41,500 homes and 64,000 new residents over three decades.
At least 20% of units in some new developments near transit hubs must be offered at affordable rental rates, with height limits of up to 20 storeys near stations.
The plan reallocates 11% of existing road space to create parks, community gardens, and other public spaces, responding to calls for enhanced urban amenities.
Concerns have been raised about potential displacement of long-term tenants in affordable rental units, with critics questioning whether the plan effectively addresses housing affordability.
Tenant protections include the right to return to new buildings at below-market rents, relocation assistance, and compensation for displaced renters.