Concord Pacific is eager to complete this city-changing project with a culminating stage that will also restore historic connections long broken in the city. The principal obstacle, blocking access to False Creek and delaying construction of the ninth and final neighbourhood, is the complex and controversial status of the Georgia and Dunsmuir viaducts.
These two raised roadways, opened in 1972 as part of a planned freeway from downtown to Highway 1, sever a stretch of the city from downtown to Strathcona, separating Chinatown and Gastown from False Creek. Aside from their lost purpose and their obstructive presence, the viaducts are also seismically unsound, a danger in even a moderate earthquake.
Since before the 2010 Olympic Games, Vancouver's City Council has been working on plans to remove the viaducts and restore the connection. From 2011 to 2015, council and staff held public consultations and confirmed the viaducts were near the end of their life. In 2015, a City plan was reported with an estimated cost of $200 million. A planning and consultation process followed, including more than 17,000 residents, with results released in 2017.
The City presented the $200-million budget to the five affected landowners — Concord Pacific, Canadian Metropolitan Properties (Plaza of Nations), BC Pavilion Corporation, Aquilini (Arena Lands), and the City itself. Staff affirmed that costs would be recovered from development contributions and from sales or leases of City land freed by the viaducts' removal. All landholders began rezoning their sites, releasing preliminary plans that acknowledged the expectation. Canadian Metropolitan Properties' conditional rezoning in 2018 included a $100 million community amenities charge designated for viaduct removal.
Concord itself has already made a $110-million contribution that the City said it was allocating to the removal of the viaducts.
Unfortunately, the City's own process stalled. Some estimates for removing the viaducts and building the replacement roadworks have quadrupled from the original $200 million. The viaducts are in the last few years of their life, and they remain vulnerable to catastrophic damage in a moderate earthquake. They also continue to stand in the way of any resolution that would let Concord proceed with Concord Landing.
Concord remains committed to proceeding as soon as the City clears the way. Concord is the only landholder with active Northeast False Creek plans. We understand that the City is now seeking Provincial and Federal loans to expedite removal of the viaducts, and we hope for early success or for another solution that recognizes the urgency and the potential of the work to follow.
It will clear a path for our own culminating challenge: the building of Concord Landing — one last exemplary neighbourhood and one more critical connection between False Creek and the larger community, continuing the urban fabric and fully realizing Concord Pacific Place on the Expo lands.