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State of Downtown Event

The DVBIA’s inaugural State of Downtown report was released at a sold-out launch event on June 18, preceding the DVBIA’s AGM. The report examines the people, places and businesses that contribute to Vancouver’s economy and vibrancy. It is the first of its kind for a major Canadian city.

The event consisted of a panel discussion between industry experts who spoke to emerging themes outlined within the report, such as the opportunities and challenges facing their industries. The report received significant media attention from the Vancouver Sun, Global News, Daily Hive and Business in Vancouver.

Event Panelists:

  • Michelle Babiuk, TransLink, Senior Manager of Transit Planning
  • Gwendal Castellan, Tourism Vancouver, Manager, Sustainable Destination Development 
  • Shivam Kishore, Vancouver Economic Commission, Manager, Technology Sector and Partnership
  • Andrew Petrozzi, Avison Young, Principal & Practice Leader, Research (BC)
  • Claire Smith, Vancouver Convention Centre, Vice-President, Sales and Marketing  

Key report findings include:

  • More than four million square feet of office space will be added to the DVBIA’s downtown catchment by 2023. It is anticipated to bring approximately 20,000 jobs to the downtown core.
  • Night bus ridership has increased 21 per cent since the opening of the NightBus district at the intersection of Granville and West Georgia street in 2018. Prior to the NightBus district, night bus stops were scattered throughout downtown.
  • Downtown’s cruise ship port continues to see record numbers of cruise ships and passengers. In 2018, 241 voyages departed from downtown with a total of 889,162 passengers. The number of passengers is expected to increase by 12 per cent in 2019 with new cruise ships scheduled to dock in 2019.

Learn more

Interesting in learning more?

Download your free copy of the report here. 

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