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VCREP #55 | The City of Vancouver's Biggest Decision Ever, with Meg Cooney, Seamus Bailey and Liam Simpson

Vancouver Commercial Real Estate Podcast

CHAPTER

Is There a Space to Build Market Strata?

The dete eber ranging anywhere from three 30 to four 25, depending on the area, for square foot of additional density that your granted. And this is essentially like a re doning pack that to ates have to pay wen yo, add cloks like that. So it kind of forces developers to push the market on the revenue standpoint with what they sell tese units for. The broadway plan, because of this extra cost making no limited supply in metharea, though, perhaps charging 25 hundred dollars per square foot of unit. You know, that's the number that works e developers.

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