Vancouver approving housing projects at a record pace, but they're not getting built
The cost to build new housing, along with higher interest rates, has stalled developments
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The cost to build new housing, along with higher interest rates, has stalled developments
Metro board has directed staff to adjust its upcoming budget to boost development cost charges and soften a rising tax burden on residents
Metro board has directed staff to adjust its upcoming budget to boost development cost charges and soften a rising tax burden on residents
Part of the first phase, Umbra comprises 47 ground floor, two-storey townhomes, and 172 condos: one-, two- and three-bedroom residences.
The new Portwood master-planned community will eventually be home to more than 4,000 new residents when it's completed in about 15 years