Broadway Corridor - restricted development?

The City of Vancouver has proposed new policy aiming to limit land speculation along the Broadway Corridor. 

The new policy, called the Development Contribution Expectation (DCE), will require developers to plan projects that will support public amenities and affordable rental housing. The area has become subject to white-hot demand from developers since TransLink announced it would be extending the Millennium Line to Arbutus Street along Broadway. 


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http://www.vancourier.com/real-estate/city-of-vancouver-aims-to-curb-land-speculation-along-broadway-corridor-1.23314576

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