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Consultation has concluded
This project ran Wednesday, May 12 to Monday, May 24, 2021. Thank you to everyone who participated.
Tell us what you think of encouraging leased offices in the City Centre.
The City wants to accommodate larger, dynamic companies in sectors like IT, creative, education and immigration services in the City Centre. However, most recent office development in the City Centre has been sold as small strata units, which are not flexible enough for these companies. While the future of the office market is uncertain these days, it is important not to lose the opportunity to attract large, growing companies that contribute to Richmond's economic development.
Richmond already has incentives for large strata units in the City Centre, and we are now considering refining these to focus directly on encouraging leased space in new developments close to the Canada Line.
Complete the 5-10 minute survey to help us understand the office market and decide how to proceed. The survey includes more details about market context, current policy, and refinements and policy alternatives the City is considering.
This project ran Wednesday, May 12 to Monday, May 24, 2021. Thank you to everyone who participated.
Tell us what you think of encouraging leased offices in the City Centre.
The City wants to accommodate larger, dynamic companies in sectors like IT, creative, education and immigration services in the City Centre. However, most recent office development in the City Centre has been sold as small strata units, which are not flexible enough for these companies. While the future of the office market is uncertain these days, it is important not to lose the opportunity to attract large, growing companies that contribute to Richmond's economic development.
Richmond already has incentives for large strata units in the City Centre, and we are now considering refining these to focus directly on encouraging leased space in new developments close to the Canada Line.
Complete the 5-10 minute survey to help us understand the office market and decide how to proceed. The survey includes more details about market context, current policy, and refinements and policy alternatives the City is considering.
Please provide your feedback by 11:59 p.m. on Monday, May 24.
We thank you for your participation.
Consultation has concluded
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Timeline
Initial Consultation and Research (2020 Q2-Q3)
Help shape office policy in Richmond has finished this stage
Consult with industry experts, including other City departments, real estate brokers, realtors, appraisers, lenders, land economists and developers, and review current information on the office market.
Preliminary Analysis (2020 Q4)
Help shape office policy in Richmond has finished this stage
Review the impact of existing office strata restrictions and develop preliminary recommendations and/or alternatives.
Public and Stakeholder Consultation (2021 Q2)
Help shape office policy in Richmond is currently at this stage
Based on research, consultation and analysis, consult property owners, the development community and the general public.
Develop Policy Recommendations (est. 2021 Q3)
this is an upcoming stage for Help shape office policy in Richmond
Drawing on technical analysis and consultation results, develop recommendations and report.