[Tvisforme]

More details released regarding provincial density rules around transit cenres. From the Daily Hive today:

BC government to allow high-rise residential towers up to 20 storeys near all SkyTrain stations, and up to 12 storeys near bus exchanges.
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For all SkyTrain stations in Metro Vancouver, municipal governments will be required to allow minimum residential building heights of up to 20 storeys for sites within 200 metres of a station, up to 12 storeys for sites between 201 and 400 metres from a station, and up to eight storeys for sites 401 metres to 800 metres from a station.

Building height is one determinant for the number of new homes that can be built near these transit hubs, but another major factor is the permissible floor area ratio (FAR) density, which is the calculation of the total building floor area size in relation to the amount of land used for the building.

For distances 200 metres or less from a SkyTrain station, the minimum FAR is 5.0 times the size of the lot. For 201 metres to 400 metres, the minimum FAR is 4.0. And for 401 metres to 800 metres, the minimum FAR is 3.0.

The provincial government’s transit-oriented development policies will also be in place for areas near bus exchange in Metro Vancouver. This includes a minimum height of up to 12 storeys and a minimum density of up to 4.0 FAR for sites within 200 metres of a bus exchange, and up to eight storeys and a minimum density of up to 3.0 FAR for sites between 201 metres and 400 metres of a bus exchange.

Similar transit-oriented development policies will also be in place within 400 metres of bus exchanges in the municipalities in the Greater Victoria and the Kelowna areas, and other jurisdictions, but with slightly lower minimum FAR density requirements compared to the stipulations for Metro Vancouver.
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