Form and Development: What’s happening in Richmond? – 1

Price also notes that the preservation of single­family neighbourhoods is “classist. He says it’s the lower income families who are relegated to the townhouses on the main arterials, buffering the elitists residing behind them from noise and air pollution.

Price Tags

Megahouses, vacant homes, speculation and affordability aren’t just issues for Vancouver.  Reporter Graeme Wood in the Richmond News has been writing about the transformation of Richmond.  Here’s an excerpt.

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Mega Homes: Absent homeowners, foreign speculation, overdevelopment and skyrocketing land value has reached a boiling point

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New homes in single­-family home neighbourhoods are pushing the boundaries of floor space ratio, by uprooting lawns, and height restrictions, by adding a third level. It’s a result of increased land values and housing demand that has seen this resurgence of the megahome in Richmond. …

On Spires Road, one of the last bastions of “Old Richmond” is about to get a major makeover; Yamamoto Architecture Inc. has applied to develop seven market rental homes into 60 townhomes for purchase. The densification of the City Centre neighbourhood (one quarter of a major city block) is planned under the city’s Official Community Plan.  But with a rental crunch…

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