It's hard to have a conversation about gentrification, with all the baggage around the word. As long as many argue that any level of gentrification is to be absolutely avoided, positive and responsible change remains virtually impossible. Recently urbanist Richard Florida joined others in suggesting we need a new word to replace gentrification, asking "if all economic development and neighbourhood revitalization is gentrification, how do we grow and improve our urban areas?"
This model of development, mixing both non-market and market uses in a self-supported manner is an innovative, yet repeatable approach. We recognize these two projects will not solve the housing or affordability issues that plague Vancouver, but we do believe they are small, positive steps forward towards creating more vibrant mixed communities throughout the city.