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Concord Pacific Unveils Comprehensive Development Plan for Northeast False Creek, Featuring 12 Towers and 5,000 Homes.

News RoomBy News RoomJanuary 8, 2025Updated:January 8, 20254 Mins Read
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Concord Pacific Unveils Ambitious "Concord Landing" Development for Vancouver’s False Creek North Shore

Vancouver’s long-dormant northeast False Creek shoreline is poised for a dramatic transformation, according to Concord Pacific, the developer behind the ambitious "Concord Landing" project. The proposed development promises a vibrant, walkable village boasting 5,000 new homes, extensive green spaces, and a revitalized waterfront, breathing new life into an area that has remained largely undeveloped for decades. The unveiled plans showcase a modern urban design with a nod to waterfront village charm, envisioning a dynamic hub that caters to both residents and visitors. The project hinges on the removal of the city’s viaducts, a long-debated issue, and highlights the evolving dialogue around urban density and view protection in Vancouver.

The proposed development occupies a prime location on the former Expo 86 lands, nestled between the Plaza of Nations and Science World. Currently characterized by parking lots and temporary structures, the site is envisioned as a bustling community anchored by twelve modern high-rise towers, some reaching as high as 65 stories, rivaling the city’s current tallest building, the Living Shangri-La. A central ring road will encircle a sprawling green space interwoven with pedestrian walkways, creating a pedestrian-friendly environment that prioritizes connectivity and accessibility. The developer’s renderings depict a picturesque waterfront promenade reminiscent of the Italian fishing village of Portofino, inspiring the project’s overall design philosophy.

Concord Pacific’s plans emphasize a mixed-housing approach, aligning with the city’s goals for housing inclusivity. The 5,000 new homes are intended to offer a range of options, catering to diverse needs and income levels, although specific details on affordability remain to be seen. The residential towers will rise above a retail hub designed to foster a vibrant village atmosphere. This retail space, comprising up to 50 smaller units, is earmarked for local businesses, artisans, and entrepreneurs, aiming to create a unique and authentic shopping and dining experience.

A crucial aspect of the Concord Landing project is the completion of three kilometers of seawall, extending Vancouver’s iconic waterfront pathway. This addition will not only enhance the area’s recreational appeal but also provide a platform for showcasing local merchants, festivals, and cultural events, such as the Dragon Boat Festival. The developer envisions this expanded seawall as a dynamic public space, fostering community engagement and celebrating Vancouver’s vibrant cultural scene.

However, the project’s realization is contingent upon the removal of the viaducts, the raised freeways that have long divided the city and separated the downtown core from the waterfront. Concord Pacific believes that demolishing these structures is essential for unlocking the area’s full potential and creating seamless connections between key destinations like Rogers Arena, B.C. Place, Chinatown, the new St. Paul’s Hospital, Science World, and Olympic Village. The developer has pledged a significant financial contribution towards the demolition, partnering with Metropolitan Properties to offer a combined $210 million, approximately half the estimated cost. This funding commitment aims to bridge the gap and finally push forward the long-stalled viaduct removal project.

The project also benefits from the city’s recent reassessment of its protected view cones. These regulations, historically designed to preserve iconic city vistas, have been deemed outdated and a potential barrier to increasing housing density amidst a pressing housing crisis. The revised view cone policy allows for taller buildings on the False Creek site, contributing to the project’s density and scope. This decision reflects a shift in priorities, balancing the desire for iconic views with the urgent need for more housing.

Concord Pacific’s vision for the northeast False Creek shoreline extends beyond residential towers and retail spaces. The plans incorporate a range of amenities designed to enhance the quality of life for residents and visitors alike. These include convertible playing and event fields, child play spaces, bike and walking routes, waterfront features, and tidal areas, creating a dynamic and multi-functional public realm. The project is anticipated to enter the formal rezoning process shortly, with construction slated to begin in two to three years, pending city approvals. While questions remain about the project’s affordability component and the long-term implications of increased density, Concord Landing represents a significant step towards transforming a neglected area of Vancouver into a thriving waterfront community.

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