Quote:
Originally Posted by Changing City
As has been explained to you several times, the City of Vancouver has no control over a developer installing a temporary public park or garden. The BC Assessment Authority determines property classification, in the case of the few temporary parks from Class 6 (Business, other) to Class 8 (Recreation), which reduces the tax rate.
Quite a few vacant sites (Bonnis on Robson for example) haven't bothered to go the temporary park route. It would be more logical for Holborn to request the Dunsmuir site become an extension of the parking lot they own next door, although they might not bother; they've been paying tax on the empty hotel for 12 years - $87,000 in 2024.
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As I'm sure many have tried to explain to you in the past, the city incentivizes developers turning empty lots into community gardens. Vancouver is who sets property tax rates. It's not even an open secret, it's as close to official policy as can be. I know you have this mentality that developers can and should only do things when dictated to them directly by the city, but developer behaviour is indeed influenced by tax policy and not all developers are going to do the same thing.
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