Refer Industrial Modernization Framework Motion

Summary

• Motion on the Industrial Modernization and Intensification Framework referred to the Standing Committee on City Finance and Services (February 1, 2023) for public speakers, debate, and decision.
• Motion proposed directing staff to report by Q3 2023 on the Framework's progress, opportunities to accelerate it, strategies to limit industrial land speculation, potential regulatory and policy changes (including possible rezoning moratorium and land swap provisions), and a current-state overview of the city's industrial lands.
• Context: Vancouver faces a potential industrial space gap of up to 1.2 million sq. ft. by 2051; more than half the city's jobs are on only 10% of the land; rising rents are pushing industrial businesses out of the city.

Vote

Documents

• Motion – Industrial Modernization and Intensification Framework Development Process Update