‘Green’ buildings bylaw will drive up costs of new Vancouver developmentsMarch 29, 2017 4:06 pm
Vancouver’s new green buildings rezoning policy, which comes into force May 1, will drive new residential and commercial property prices higher and could change the look of high rise buildings and new homes: think less windows, fewer or smaller balconies and no natural gas fireplaces, industry experts say.
“It is a dramatic change,” said Rod Yeoh, a principal with Dialog Design, which has designed many low-energy buildings, during a presentation on the new zoning bylaw February 9 at the Buildex show in Vancouver.
The new standards becomes mandatory at rezoning, not when a building permit is issued, to allow time for the controversial regulations to be put in place.
The bylaw is part of the city’s ambitious Zero Emissions Building Plan meant to reduce greenhouse gas emissions from new buildings to zero by 2030.
B.C. is responsible for about 0.15 per cent of global greenhouse emissions, according to Environment Canada.
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