The False Creek Shoreline in northeast Vancouver has been slated for decades for significant commercial development. Today, planners proposed taking the area in a new direction.
"Their report, which goes to council today, calls for two-decade-old plans for strictly commercial development of the area -- the last major undeveloped piece of False Creek shoreline -- to be abandoned.
Instead, it proposes a mix of residential development -- four million square feet to house about 7,200 people -- along with recreational space, entertainment venues and commercial space that could include hotels, retail, and even a casino.
The city launched a land-use review after coming under pressure from land owners in the area -- which stretches from the Cambie Street Bridge to Quebec Street -- including Concord Pacific and other major developers, to zone it for housing.
The provincial government added to the pressure by announcing plans last year to upgrade BC Place Stadium and the surrounding area, prompting developers to ask for clarification of future land-use policies."
FULL STORY: Planners shift stance on False Creek shoreline
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