UPDATE: Vancouver City Council has voted to approve an action plan to preserve heritage buildings.
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The city of Vancouver says it has come up with a plan to preserve the city’s disappearing heritage buildings.
Staff at the city of Vancouver have now drafted a Heritage Action Plan, containing 14 recommendations.
The report points out retention of heritage property is more expensive compared to cost of new construction.
The economic viability of historic buildings, such as theatres and performance venues, is also diminishing, creating pressure for re-development.
The report also talks about financial implications of “saving” older buildings to the city.
According to the report, roughly 96 per cent of Vancouverites believe heritage buildings need to be preserved and contribute to our sense of place.
Staff recommendations include simplifying rezoning, raising demolition fees for heritage and character structures, soliciting tax credits from senior levels of government, and updating the Vancouver Heritage Register.
It is estimated the plan will take $450,000 to undertake.
The proposal will be voted on at a council meeting on Wednesday.
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