Over two hundred people packed themselves into the still-empty Salt building at the Olympic Village on Sunday afternoon. They were there to hear from the City and developers, and to have their say about the 26 story luxury tower planned for Broadway between Main Street and Kingsgway. Most of those who attended were property owners in the area, with a few renters in the mix. Several business owners, renters, and concerned citizens from outside of the neighbourhood were also present.
The sentiments expressed in the room were almost unanimously against the project. Most of the discussion seemed to focus on the height of the building. The development is twice the allowable density for the neighbourhood at an FSR (floor to space ratio) of 6.44, compared to the current zoning FSR of 1 and the allowable FSR of 3 for the neighbourhood. Concerns about the height are focused on several issues in particular. A tall building will set a precedent for the allowable height and density in the neighbourhood in the future. Many attendees claimed they didn’t want a “Yaletown-sized tower” in their neighbourhood, and that this tall building in particular will block sunlight from hitting the well-used streets to the North and East of the development.
The most problematic effect of the tower will be on the affordability of the neighbourhood. It is increasingly difficult to find a reasonably priced place to live in what has historically been a working class neighbourhood. As Mount Pleasant is one of the few remaining “affordable” neighbourhoods in the city, many residents are faced with leaving the city altogether, and Mount Pleasant is their departure point. A luxury tower built without a comparable amount of affordable rental housing built in the neighbourhood would have the effect of increasing property taxes and rents in the neighbourhood.
Another serious problem with the consultation was the social representation at the meeting. Mount Pleasant, in addition to being a working class neighbourhood, houses many immigrant families. A 2008 report by the PIVOT Legal Society was very explicit about the problems faced by immigrant families who rent in Mount Pleasant. It notes the difficulties that many families have with the intimidating prospect of organizing against gentrification. It also highlighted the phenomenon where, in wituations where home ownership opportunities do arise in the neighbourhood, the families who already live there cannot afford them, and they are taken up by usually young white families from wealthier Vancouver neighbourhoods. The presentation by RIZE on what the finished development will look like confirmed that this is the demographic the project is marketed towards.