Developer Proposes Luxury Condos in Chinatown

The empty site sits next to Chinatown Memorial Plaza (front)

Vancouver's Chinatown is fiercely divided over what should be built on 105 Keefer Street, a plot of land that was a parking lot for many years. It is next to Chinatown Memorial Plaza, which pays tribute to the Chinese workers who built the Canadian Pacific Railway, and Chinese-Canadian soldiers who fought for Canada in World War II.

The plot of land was bought by developer Beedie Holdings in 2013 and the following year its subsidiary Beedie Living proposed a tall building of luxury condos which would dwarf the memorial next to it, and the Dr Sun Yat-Sen Classical Chinese Garden nearby.

The building plan will be discussed on Monday

Three years later the Chinatown community joined together to oppose the mixed-use, slightly shorter building proposal, even though it included a seniors centre and underground parking. After listening to hours of comments from the public, the plan was resoundingly rejected by city hall.

On Monday a revised proposal is back in front of city hall, but this time the community is divided into two camps, one all for it, the other against.

Those for it, including seven business organisations, say now that the Covid-19 pandemic is over, Chinatown is barely hanging on economically, and believe construction of these 111 luxury condo units will help revive the neighbourhood. 

Some of the groups for the plan include the Chinatown Business Improvement Association, Chinese Benevolent Association of Vancouver, Chinese Freemasons of Vancouver, Chinese Cultural Center of Greater Vancouver, and Vancouver Chinatown Foundation.

However, those who oppose it say luxury condos don't fit into this area, where most of the residents are seniors living on pensions. They would like to see social housing on the site and culturally appropriate programming as well as architecture to integrate the building into the neighbourhood.

Seniors oppose the latest proposal from Beedie

One senior interviewed felt the voices of the elderly were being ignored and instead the government was more interested in development, leaving these vulnerable people behind. They are barely subsisting as it is financially and feel the new condos will push them out. 

Meanwhile legacy businesses like Kent's Kitchen which offered cheap food, are closing, resulting in seniors becoming even more food insecure.

A few hundred people showed up at a rally on Thursday afternoon next to the site opposing the plan, while those for it believe people living in these luxury condos will patronise the area's businesses, thus keeping them afloat.

But who will want to live in a luxury condo in Chinatown which is right next to the Downtown Eastside? It's not exactly a desired location. Affordable housing would be a better solution, but perhaps Beedie's patience has worn out and wants to recoup its costs as soon as possible.