Vancouver View Cones - Reviews and Amendments

[WALKIEBRO]

Yes that graph isn't for Vancouver. Land prices so heavily effect the equation. The more expensive the land, the larger proportion of costs it makes up, thus making building taller more economical to spread the land cost over more floor space. We all know how expensive land is in Vancouver, thus the optimal building height would at minimum be on the higher end of that range, especially downtown.

In terms of construction costs what really needs to be considered is the marginal work and cost required for the additional floors. The great thing is the free market will naturally optimize for the most economical building height in absence of overly strict zoning or view cones.