The target for housing units being proposed in Cypress Village is being revised as the phase 2 of Upper Lands planning gets underway.
Council had earlier agreed on full protection of Eagleridge Land in exchange for 3,500 housing units in Cypress Village.
The phase 2 is now proposing 3,700 units.
“The difference reflects the desire to accommodate some affordable purpose-built rental housing in the village,” notes a district report.
The rents in these units will be approximately 70 per cent of market rates.
“This rent target is intended to result in units that do not require ongoing financial subsidy but that are affordable to people working in jobs that are important to the West Vancouver community such as teachers, first responders, and health care workers,” says the district.
At full buildout, the population of Cypress Village is expected to be around 6,900 people, and it is expected to be built out over about 20 to 25 years.
There will be approximately 90% apartments, 4% to 5% will be townhomes, and 5% to 7% will be single-family homes.
According to a preliminary transportation analyses by the proponents, only about 1% of the total amount of traffic on the North Shore road system will be related to Cypress Village.
Two virtual meetings are planned for West Vancouver residents, and residents can register for the Sept. 28 meeting here, and for the September 29 meeting here.
Very interesting and progressive–Great step forward for West Vancouver
Great initiative. I only hope council will not back down to the vocal minority. History shows this will get watered down to the point it won’t be worth developing.
This is the most ridiculous thing I’ve ever heard
It is total traffic Mayham and for them to consider adding 6 1/2 thousand units and try to convince me that it’s only a 1% increase in traffic volume is total nonsense
This counsel has lost its way it has no real vision for West Vancouver other than expanding to collect more taxes
This development will serve a significant need in the community – makes sense to me.
Let’s take a look at the northshore mountains from Vancouver… we are losing the mountain to a concrete jungle and now high rises on the mountain. We need big trees,small houses and stop building on the slopes. Are folks in the proposed village never going to leave the village. Seriously, this will just amount to more congestion and destruction of what we have left of cypress mountain! We do not need growth for growth sake!