The Broadway plan approved by city council in 2022 continues to attract interest from developers with 166 active projects in the development pipeline, according to the most recent public data posted to the city’s website.

Of the 166 projects, 31 developers are at the letter of inquiry stage, 42 have submitted rezoning applications and 44 were granted rezoning approval. An additional 38 have applied for development permits.

A total of eight building permits were issued and three more were granted occupancy permits. The data is contained in a May 15 memo from Josh White, the city’s chief planner, to city council.

The memo says 134 of the 166 projects are for residential development, totalling 25,141 units, with approximately 90 per cent for rental housing. More than 3,900 are below-market rental units.

“The number of new below-market rental housing units [3,967] is about 1.7 times greater than the existing 2,276 rental units that would be impacted by redevelopment in the plan area, based on current applications and enquiries,” White said.

The breakdown of the 25,141 unit are as follows:

• Market rental units: 17,725
• Below-market rental units: 3,967
• Strata homeownership units: 2,618
• Social housing units: 831

Vacancy rate 1.7 to 2.5 per cent

As of December 2025, the vacancy rates across the plan area range between 1.7 and 2.5 per cent depending on the area, which is below the citywide average vacancy rate of 2.7 per cent.

“This indicates that the rental market in the area remains tight relative to the broader city, highlighting the continued importance of adding rental housing options,” said White, who noted 85 per cent of tenants living at sites undergoing redevelopment are eligible for the city’s tenant relocation and protection policy.

He said most buildings being redeveloped have high occupancy, with an average of just 1.3 vacant units across all 68 projects where data is available. That data point indicates to White that most buildings undergoing redevelopment remain occupied up to the point of redevelopment.

The 32 non-residential projects comprise approximately 10.4 million square feet of space.

A total of 13 projects include a hotel component, comprising a total of approximately 2,600 hotel rooms.

More than 30 projects include commercial uses such as cafes and restaurants. Approximately 594 child care spaces are proposed, with 276 public and 318 private spaces.

61 per cent renters

White’s memo included a link to the recently published Broadway Plan Implementation Update, which covers the period between 2022 and 2025. The “community profile” section of the document indicates 61 per cent of residents in the area are renters; the citywide average is 55 per cent.

The average age of the 71,745 residents is 41, with the average household size at 1.97 people. The proportion of residents who identify as a visible minority (31 per cent) in the Broadway plan area is 24 per cent lower than the citywide average of 55 per cent.

A total of 32 per cent of private households had after-tax income under $50,000 per year, while 31 per cent had after-tax income above $150,000. A total of 11 per cent of residents were below Statistics Canada’s Low-Income Measure.

Meanwhile, council approved June 9 two more residential projects for redevelopment along Broadway: a 25-storey, 198 unit rental building at 2245-2283 West Broadway and a 26-storey, 208 unit rental building at 1668 West Broadway.

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