A Geoff Meggs blog is sometimes like getting to wander around city hall and pick up the latest stats off department-head desks. Here’s his latest post, with info on the level of building activity in Vancouver. Up a little — though not up enough that the Vision council will be cancelling any time soon their roundtable on how to spur more development in the city.
That conversation is in the works, with much discussion of what city relaxations exactly could make construction more attractive — reducing the number of mandatory parking spots in a building, reducing development cost charges, speeding up approvals. Whatever gets finalized, you can be sure that once the boom times come again, the city will find it hard to raise the bar back to where it got to in the last decade, when the city felt it could continue asking for higher standards and benefits from developers who were awash in profits.