If Metro Vancouver runs out of industrial land, what does that mean for the economy?
BY RIA RENOUF
Posted Sep 12, 2019
SUMMARY
If more changes aren't made soon, businesses may choose to give the region a pass
Recent statistics show 26 per cent of area jobs are dependent on industrial land
VANCOUVER (NEWS 1130) – Metro Vancouver can’t forget businesses when figuring out how to use area land. That’s a warning that’s coming from Langley City Councillor Nathan Pachal, who also runs the South Fraser Blog.
In a recent entry, Pachal says in Metro Vancouver we’re on track to run out of industrial space in 25 years, which may see future generations missing out on economic oppportunities.
Citing research done on behalf of the Metro Vancouver Regional District, Pachal says those numbers show that 26 per cent of jobs in this region are “dependent on industrial land.” These include film, transportation, warehousing, logistics, manufacturing, wholesale, construction and resources-related occupations.
“[Currently], some of the uses in industrial land isn’t industrial. We’re in a region that’s bordered by mountains, the ocean, the U.S. border. We need to look at approaches to preserve what we have, and maybe intensify uses of the existing industrial land.”
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https://www.citynews1130.com/2019/09...r-the-economy/