Amendment – Below-Market Rental 1402-1462 Burrard
Motion 3 · Public Hearing, February 3, 2026
Summary
- Amendment proposed by Councillor Fry to add a below-market rental component (inclusionary zoning) to the 1402-1462 Burrard Street rezoning, consistent with standing city policy on large development sites.
- Fry argued that city-owned land should reflect the same inclusionary expectations placed on private developers, and that excluding below-market units sets a precedent undermining that policy.
- Staff noted the existing strata entitlements on the site limit the financial lift available to fund inclusionary units; any depth of affordability would require significant provincial subsidy.
- Opponents argued the amendment risked project viability and preferred directing future revenue into non-profit housing through a separate financing structure.
- Councillors Fry and Orr supported; majority of council opposed.