RePlan for False Creek South Land, New Opportunities for Redevelopment

RePlan for False Creek South Land, New Opportunities for Redevelopment

  • Community
  • Real Estate
  • Vancouver
March 23, 2021

The City of Vancouver launched a public consultation for the City owned lands in False Creek South. This is a perfect opportunity to re-think what False Creek will look like in the future as many leases is expiring in the next 15-25 years. Since the land is owned by the city, there would not be a problem on the land acquisition side. As growing population, sea water rising, and other new official community plan releases, the City of Vancouver will take this opportunity to prepare for what is to come.

The False Creek South neighbourhood is located between the Cambie and Burrard Street bridges on the south shore of False Creek, excluding Granville Island and Senakw. False Creek South is a primarily residential neighbourhood with 1,800 units on leased. The building type are low to medium density multi-family residential apartment.

The City wants to “help address the housing crisis and contribute to achieving other priorities such as accelerating action on climate change, increased focus on equity and critical social issues and protecting and building the local economy.”

Some of the options the city is considering addressing housing needs includes: purpose-built rental, family housing, senior housing, workforce housing, missing middle, co-op, social housing, adaptable housing, indigenous housing, and first-time homeowner housing.

However, in my perspective, the statement translates to higher density building and potentially a super community for the False Creek South area. The seawall is a highly populated destination, being close to West Broadway and Granville Island. It generates significant traffic for businesses, good shopping opportunities, ideal living environment and very convenient when it comes to transit. A portion of the housing could be affordable housing, but I expect majority of the units will still be market housing. A good reference point will be False Creek North ODP.


We will follow closely and report back with any udates.

Yoyoe Lu

Founder and managing principal

Yoyoe is the founder and managing principal of Claridge. She was ranked one of Vancouver’s top real estate agents. Currently, Yoyoe is our strategic mind leading the team to success. Her affiliation with industry professionals put her ahead of our competitors. Yoyoe is also part of the Rotary Club of West Vancouver, Canadian Homebuilders Association, Urban Land Institute and Urban Development Institute.

Ashley Osborn

Development Site and Investment Specialist

Ashely is our lead land and investment advisor. He has been consistently featured in the annual top 100 real estate deals of British Columbia ranking. With over $15 billion worth of domestic and international real estate investments under his belt, Ashley is one of the top agents in the province. His 20 years of real estate and financial experience make him a master in negotiation and acquisition.

Patricia Wong Chong

Investment and Leasing Specialist

Patricia is our investment and retail leasing advisor. Her experience in brokerage and market research analysis has helped her comprise over $550 million in commercial real estate transactions. Patricia is responsible, detail-oriented, and professional. Her strong work ethic and positive attitude have led her to surpass all her competitors.

Schumann Li

Land Assembly & Residential Specialist

Schumann is a top-producing realtor in the Lower Mainland with more than 30 years’ experience. Over the years, Schumann hasn’t just garnered awards, but the trust of countless customers. Her clients continually refer to her outstanding professionalism, work ethic and poise.

Wendy Kaip

Sales Associate

Whether it’s decoding city policies, strategizing relocation plans, home sellers looking for a trustworthy advisor to unlock their property’s maximum potential- Wendy is here to help every step along the way.

Prior to real estate, Wendy spent over a decade in the mining industry with her attention to detail, keen negotiation skills, extensive network and strong reputation for getting the deal done, bringing endless value to her current real estate clients.

Whether you are thinking about selling to a developer, or have more questions about commercial real estate, Wendy invites you to connect, to see how she can utilize her expertise and team to help create value and maximize your real estate goals.

Simon Chan

Managing Broker

Simon is the managing broker of Claridge Real Estate Advisors Inc. His expertise has helped our agents resolve many difficulties. Not only is Simon knowledgeable with real estate legislation, but he is also very detail orientated. With Simon on our team, our agents are confident to conduct businesses and will always get the support they need to ensure they’re not walking on dirty water.

Frank Zhou


As the analyst of the company, my key job is to help brokers to find marketable clients and locate feasible development sites by collecting and analyzing up-to-date market transaction data and conducting target market and property-level research. Meanwhile, I am also in charge of maintaining the company’s property database to ensure accuracy and comprehensiveness and continuously upgrading the level of knowledge by staying up to date with hot topics, and market trends, and incorporating findings into everyday work. Before joining the company, I worked for CR Group as a real estate investment manager, focusing on capital raising, equity and debt financing, acquisition and renovation. I hold 2 master’s degrees, one in Housing Management and the other in Economics.