Call it Mayor Gregor Robertson's speculation tax.
Senior staff have proposed aggressive measures to curb land speculation over a large area around around the proposed Millennium Line Broadway Extension—including development contributions designed to fatten city coffers.
The Broadway subway will be built from VCC-Clark Station to Arbutus and it will include six stations.
While a new planning process is underway, Vancouver city staff have recommended that no new rezoning applications be considered in the “Broadway Study Area”, unless they’re for 100 percent social and supportive housing, or community care facilities or group residents.
In a report going to the Wednesday (June 20) policy and strategic priorities committee, this Broadway…