BURNABY / TRI-CITIES Apr 12, 2017 Real Estate Weekly

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BURNABY

WEDNESDAY, WEDNESDAY, JANUARY APRIL 20, 12, 2016 2017

TRI-CITIES

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R E A L E S TAT E W E E K LY

Pre-Zoning for Infill Housing is Essential: GVHBA Study

T

he best way to tackle the dire shortage of supply in groundoriented housing is to pre-zone for infill housing at Official Community Plan stage, according to a study released April 3 by the Greater Vancouver Home Builder’s Association (GVHBA). The association’s third annual Housing Approval Study (HAS) says there is currently a housing supply shortfall of more than 4,400 units per year (compared with Metro Vancouver’s Regional Growth Strategy projections). Only three of the 17 Metro Vancouver municipalities studied met or exceeded their Regional Growth Strategy targets – Vancouver, Richmond and the City of North Vancouver The report says, “Changing from the current project-by-project re-zoning process to pre-zoning areas at the Official Community Planning stage can reduce the building approvals process for infill housing by up to 18 months. Put into context, the current approvals system can take up to 24 months, while a typical twolevel, 2,500-square-foot home takes just 16 to 18 weeks to build.” It adds, “Infill housing, the subject of this year’s HAS research, offers a viable form of gentle densification to address the ‘missing middle’ housing supply to support the growth of complete, liveable communities, while maintaining and enhancing the integrity of our existing

This West Vancouver development preserves and restores a heritage home while adding a laneway house and an infill cottage with a suite | Vinson House Developments/Formwerks Architectural

neighbourhoods.” Bob de Wit, CEO of GVHBA, said, “A small change can make a big impact. [Some] 18,000 new ground-oriented housing options can be built if just five

per cent of single-family homes in Metro Vancouver are pre-zoned to allow for gentle densification through the more affordable duplex, triplex and quadplex ownership housing forms.”

The GVHBA/Landcor HAS 2017 – Infill Housing Report, including interactive maps, graphs and data broken down by municipality, can be viewed at www. gvhba/HAS

Percentage of Residential Area by Land Use Designation MUNICIPALITY Burnaby

80.7%

Coquitlam

68.0%

19.3% 9.8%

22.1%

92.7%

Delta

Port Coquitlam

27.5%

Richmond

Langley (Twsp.)

26.9%

67.7%

Surrey

Maple Ridge

26.1%

70.3%

Vancouver

New Westminster North Vancouver (City) North Vancouver (Dist.)

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23.5%

Port Moody

71.9%

Langley (City)

Pitt Meadows

75.1% 72.7% 85.4%

Fraser Valley Sales See Second-Hottest Month Ever: FVREB

24.9% 27.3% 8.6%

West Vancouver White Rock Single Family & Duplex

Editorial: Is Vancouver Housing Market Cooling, or Not? Yes!

70.4% 81.8%

18.1%

67.0%

27.1%

75.2%

24.5%

69.1%

9.7%

80.9%

21.2% 19.1%

94.7% 82.1%

17.9%

Multifamily

Rural & Mobile Home

Expertise Beats Referral When Finding a New Agent: Survey


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