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City approves ambitious plan for Northeast False Creek
Michael La Prairie
on Wednesday, February 14th, 2018 at 10:23am.
The northeast corner of False Creek has long been something of a no man’s land. Pre-Expo 86 it was largely industrial; post-Expo it’s mostly been parking lots. But not for much longer. After a long and sometimes tortuous special council meeting Tuesday, Vancouver council passed its Northeast False Creek plan. The 20-year plan includes $1.7 billion in benefits for the city, which hopes to recoup most or even all of the cost from development levies and contributions from the federal and provincial governments. Six hundred million dollars will go to affordable housing, and $360 million to “critical infrastructure” such as tearing down the Georgia and Dunsmuir Viaducts and replacing them with a new street network.
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