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UBC Market Housing Plans To Accomodate 51,000 In 20 Years

According to the local Vancouver news: University of B.C. plan to build more market housing and turn the campus into a town of 51,000 people over the next two decades, which will increase the non-student population on campus to up to 35,000 by 2021 from 6,410 today.

Metro chief administrative officer Johnny Carline said while the regional district supports UBC’s general plan for a “balanced university town,” he’s worried they want to build more high-end market housing for the public at the expense of student accommodation.

This could pose serious problems for Pacific Spirit Park, the city of Vancouver and the regional district as a whole, especially if people are commuting from UBC to other areas to work or there isn’t enough green space left on campus, the report said.

“A significant increase in market housing, which will undoubtedly be ‘high end’ in terms of price, may benefit the university financially, but this may equally increase the pressure for costly public infrastructure investment,” the report states.

“This is not consistent with regional growth plans or the regional interest.”

The university argues UBC is located in “some of the most expensive real estate in Canada” and more market housing is needed. About 50 per cent of students and 25 per cent of faculty live on campus now.

(news from Vancouversun)