In a major boost for housing supply, Council has approved 3,097 new homes across 13 towers, including 2,603 secured purpose-built rental units (2,136 market rentals and 466 below-market rentals), along with 383 strata condominiums and 112 social housing units. Seven of the projects fall within the Broadway Plan area—each within walking distance of existing or future SkyTrain...
July 2025
Vancouver’s iconic Shangri-La Hotel is getting a luxury makeover — and a new name. Recently acquired by Brookfield from Westbank and Peterson in a deal estimated at $150M–$200M, the hotel will be rebranded as Park Hyatt Vancouver. This marks Park Hyatt’s exciting return to Canada, with the transformation slated for completion in 2026. Expect 119 redesigned rooms, upgraded public...
Vancouver City Council has directed staff to prepare three potential property tax scenarios for the 2026 operating budget: a 0% increase, 1.5%, or 2.5%, plus an additional 1% dedicated to infrastructure renewal . This follows a 3.9% increase in 2025 and comes amid rising demands on frontline services and continued cost downloads from provincial and federal...