Vancouver proposes $2.6 billion capital plan, with 55 per cent paid by development contributions5/31/2018
JOANNE LEE-YOUNG (VANCOUVER SUN) - The City of Vancouver is presenting a plan of spending for the next four years and tucked into the fine print of a draft is a sharp increase in how much the public budget is tied to funds charged to real estate developers.
The City is proposing to spend some $2.6 billion in capital investments with significant emphasis on affordable housing and child care spaces, as well as arts and culture and community facilities. Of the estimated total $2.57 billion, over 55 per cent, or some $1.44 billion, is earmarked to come from “development contributions,” which are raised by charging real estate developers. It’s a big jump from the city’s last capital plan of 2015 to 2018 when development contributions were 33 per cent, or $366 million, of a total budget of $1.085 billion. In the 2012-2014 plan development contributions were $87 million out of a total budget of $702 million, or 12 per cent. There are generally two kinds of development contributions and they have grown in size since they came into use around 2004. Development cost levies or DCLs are typically a standard calculation. Community amenity contributions or CACs tend to be individually negotiated between the city and a developer over rezoning for a specific project and can be paid in straight cash or the building of an on-site amenity such as a pool or a community centre. A draft of the proposed plan for the next four years includes the construction of 1,200 to 1,600 units of non-market rental housing and the creation of about 1,000 new child care spaces, according to the city. Of the total $539 million to be spent on affordable housing, $535 million, or 99 per cent, will come from development contributions. The units of non-market rental housing will come from in-kind (rather than cash) development contributions. For the total $117 million slated for child care, development contributions of $110 million will account for 94 per cent. In the area of infrastructure and amenities related to arts, culture and community, the city is proposing to continue or plan renewal projects at various community centres such as Britannia and Ray Cam. It will add a new outdoor pool in Marpole. Of the total $136 million in-kind funds that will be derived from developers, $90 million, or 66 per cent, is associated with the Oakridge project planned by Westbank and QuadReal to transform the corner on Vancouver’s west side at 41st Avenue and Cambie Street. Some of the larger dollar value items highlighted in the city’s draft capital plan include $15 million for a new performance space, $35 million to renew and expand a library and $40 million to build a new community centre. All of these are proposed to be part of Westbank and QuadReal’s bigger plan to transform Oakridge Centre. In addition to mixed-use buildings, there will be 10 residential condo towers with some as high as 44 storeys. The ambitious project has yet to get a development permit, but it’s scheduled to come before the city’s Development Permit Board in midsummer. According to the city’s website, some “development permit applications may have a significant impact on their surroundings, because of the scale and context of the project or because of community controversy about the project. Those applications are reviewed by the DPB” as opposed to going to the director of planning. Some may consider this step of receiving a green light from the DPB a mere formality, but the notice on the architect’s file to the city for a development permit says it is applying to the City of Vancouver for permission to develop its proposed plan on this site “Under the site’s existing CD-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Development Permit Board.” Nevertheless, next week, city council will, according to a statement from the city, “be asked to approve in principle a borrowing limit of $495 million to support the (proposed) four-year capital plan.” Then, there will be another round of public engagement to get feedback on the draft capital campaign and council is aiming to have a final version “to consider by the end of July.” The Oakridge project’s application has been scheduled for the Development Permit Board on July 23. RENEE BERNARD (NEWS 1130) – With about a hundred kindergarten kids a year not being able to enrol in their own neighbourhood schools, the Vancouver School Board is looking at reconfiguring catchment areas.
At least four schools, Simon Fraser, Hudson, General Gordon and False Creek, are over-capacity, meaning they need to conduct lotteries to determine which kindergarten applicants get seats. Jim Meschino, the school board’s director of facilities, says in the past few years Hudson has had to turn away 20 to 60 applicants and Gordon from 20 to 40 over the years. Simon Fraser this year could not accommodate 65 applicants. Out-of-luck students must attend schools much further away. Simon Fraser, which is in Mount Pleasant, is bursting at the seams because the Olympic Village is within its catchment. The school now has four portables. “We have had Olympic Village on our capital plan request for several years. It’s a school that we’d desperately like to get constructed. It would alleviate a number of problems,” says Meschino. In the meantime, the board wants to reduce the size of the catchments areas surrounding crowded schools. Catchment boundaries are being reviewed for three zones: downtown, Kitsilano and Mount Pleasant. Two more meetings are being held to allow parents to see more details about the proposed changes. One was already held on Thursday at Sir Charles Tupper secondary. “The majority of the questions parents had were are about siblings,” notes Meschino. “I think people recognize that boundary-review is required because of the imbalances.” Kids already attending a particular school will continue to do so if catchments are redrawn, but their siblings entering kindergarten will be redirected to the new catchment school. The school board will make a decision on new boundaries next month. Changes would take effect for the fall of 2019. Parents can also offer up their feedbackonline. Meschino hopes catchment-reviews happen more often going forward, to reduce the number of students who don’t get into their neighbourhood schools. |
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