Canada’s largest Chinatown, among the largest in North America, is in the City of Vancouver, British Columbia, in the blocks around Main, Pender, and Keefer Streets with the Gastown and Downtown districts to the west, Downtown Eastside to the north, the residential district of Strathcona to the east, and False Creek to the south. Chinatown remains a popular tourist attraction despite the growth of the newer Chinese immigrant business district in the suburb of Richmond south of Vancouver on Lulu Island in the Fraser River. Many affluent Hong Kong and Taiwan immigrants in Richmond have developed successful Chinese businesses in the area now named Golden Village by the City of Richmond, which once proposed the name “Chinatown” only to encounter strong resistance from the original Chinatown in Vancouver and from non-Chinese Richmond residents and merchants.
Asian Influx
The Greater Vancouver Regional District received large numbers of Asian immigrants during the late 20th Century, primarily Chinese, whose population reached 300,000 by the mid-’90s. More immigrants settled in Richmond than in Vancouver Chinatown for its lower costs of living and closer distance to the Vancouver International Airport. The development of suburban Asian shopping districts with plenty of parking space like Richmond’s Aberdeen Centre, visibly impaired the business heart of historic Chinatown.
Decline
Chinatown businesses today consist mostly of working-class retailers, small groceries, tea shops, and souvenir stores. Some restaurants stand out, but there are no longer so many, and their declining numbers brought less foot traffic and nighttime activity than in former times. The 10-percent Chinatown vacancy rate shows the need for a fresh approach to development to replace businesses that have moved to suburban locations, retired, or simply closed. Redevelopment opportunities are clearly present. Chinatown lease rates from $15–30/square foot are the cheapest in the city, much lower than those in Vancouver’s Downtown shopping district.
The Vancouver Chinatown Business Improvement Area
In the 1990s, the Vancouver Chinatown Merchants Association searched for an effective vehicle for projects to revitalize the area. Gastown and Downtown Vancouver had formed business improvement areas (BIAs) with evident success. With the consent and support of merchants and property owners, the association planned to establish a Chinatown BIA.
After several attempts, the association succeeded in winning the community support necessary establish a Chinatown BIA. The Vancouver Chinatown Business Improvement Area (VCBIA) incorporated in 2000 on a model of BIAs successful in other areas of the city to improve Chinatown’s cleanliness and safety, expand and promote its events, and work with media and external partners to make Chinatown popular and prosperous again. A voluntary board of property owners and tenants manages the VCBIA. The city assists with annual funding through a special property tax like a local improvement levy. Each property’s contribution to the annual BIA budget is according to its proportionate share of the total BIA taxable value.
A new Chinatown business plan now encourages entrepreneurs to move in to rehabilitate storefronts, attract a young crowd, and make visitors more comfortable. Attracted by low rents and heritage buildings, new businesses have moved in with owners in apartments above the shops. Chinatown’s priority now is to attract people of all backgrounds in the belief that non-traditional stores will bring a new flow of energy and income. Commercial activity is increasingly diverse with vintage stores, two art galleries, bars, and now a nightclub at the location of the former Ming’s restaurant, an attempt to bring back some of the nightlife atmosphere of the 1950s and ’60s. The diversity of new shops and businesses has created a new Chinatown image of vibrancy to compete with suburban districts and complement nearby Gastown and Downtown Vancouver.
Corbel Commercial presents 441 & 449 East Pender Street - rare vacant lots situated in the coveted neighbourhood of Strathcona. The property is minutes away from downtown Vancouver and is in close proximity to Railtown, Chinatown, and Gastown, and is strategically located approximately 4 blocks north of the new St. Paul's Hospital lands - a $2 billion,800,000 SF technology, research, and medical state of the art campus. Please contact the listing agent regarding redevelopment potential and for further information.More details
Welcome to The Keefer, one of Vancouver's most exclusive boutique buildings. This one-of-a-kind residence is located in the pulse of the historic Chinatown, was originally built in 1910 & restored & converted in 2009. This unit is an extremely rare find w/ private elevator access directly to your suite, spanning over the entire 4th floor & boasting 2,550+ SF of living space with an open concept floor plan perfect for entertaining. Built w/ unparalleled attention to detail, some of the finishings include, Bulthaup Kitchen, Dual Sub-Zero Fridges, Miele Appliances, Wine Fridge, Custom Home Audio/Visual System & Wide-Plank White Oak Flooring. The building is in pristine condition. This truly is a one of a kind opportunity to own in one of Vancouver's most iconic buildings.More details
Awesome 2 bed-2 bath at SPARROW, this amazing home offers 9’ ceilings, full-height windows, and generous walk out patios. The living space features rift-cut white oak floors. The kitchens are a chef's paradise, stunning white oak and white lacquer cabinets, quartz countertops, under-mounted sinks, no-touch faucet, seamless Liebherr fridge, AEG European wall over & induction cooktop and Fisher & Paykel dishwasher. The bathrooms feature wall-mounted vanity and storage, Silestone Calacatta quartz countertops, Italian stone vanity, LED-lighting, rain & hand shower.. Beautifully appointed bedroom. 1 underground parking This is not an offering for sale. Any such offerings may only be made with a Disclosure Statement. E.&O.E. OPEN HOUSE SUN JUN 11, 3-5PM. PRESENTATION CENTRE @ 301-1508 W. BROADWAYMore details
Awesome 3 bed & 2.5 bath VIEW PENTHOUSE - MASSIVE ROOF TOP DECK, 9’ ceilings and full-height windows plus walk out patios. The kitchens are a chef's paradise, stunning white oak and white lacquer cabinets, quartz countertops, under-mounted sinks, no-touch faucet, seamless Liebherr fridge, AEG European wall over & induction cooktop and Fisher & Paykel dishwasher. Rift-cut white oak floors throughout. The bathrooms feature wall-mounted vanity and storage, Silestone Calacatta quartz countertops, Italian stone vanity, LED-lighting, rain & hand shower. Great bedrooms. 1 underground parking. Common outdoor courtyard garden. This is not an offering for sale. Any such offerings may only be made with a Disclosure Statement. E.&O.E. OPEN HOUSE SUN JUN 11, 3-5PM. PRESENTATION CENTRE @ 301-1508 W. BROADWAYMore details
INVESTMENT & FUTURE DEVELOPMENT PROPERTY! 8 BDRM fully renovated,2 full bathrooms ( new kitchen and new bathroom ) RENTED by professional company for $ 7000/Month+ utilities.Basement has separate entrance and 2 toilets, can be rented for storage or finish to rent. Great opportunity for development options under the DEOD zoning bylaw. Redevelop individual building allows up to 2.5 FSR. For Land Assembly - The DEOD Sub-Area 2 zoning bylaw allows up to a 4.5 FSR or possible 5.0 FSR through rezoning via the Downtown Eastside Plan. with a functional layout & back lane access. Great rental income while you hold the property and capitalize on the potential.More details
Welcome to one of the most desirable streets and neighborhoods in the STRATHCONA AREA. This home features 4 Bedrooms and 1.5 Baths. Sitting on a 25' X 122' LOT, This DIAMOND in a ROUGH is waiting for SOMEONE to bring their creative and aspiring IDEA to BRING it back to LIFE. GIVE IT SOME TLC and Benefit it later. RT-3 Zoning. Excellent HOLDING PROPERTY for BUILDERS or INVESTORS. PROPERTY IS TO BE "SOLD AS-IS, WHERE-IS". POTENTIAL TO BUILD A DUPLEX.More details
Situated in the historic, vibrant and convenient Chinatown. This stunning N/E corner Penthouse with floor to ceiling windows is sure to impress, with panoramic City, Water and Mountain views. Designed by renowned architect, W.T. Lueng. 1268 Sq ft of 2 level spacious living with 2 bed + Den. This sleek and modern home boasts gorgeous hardwood floors. Miele appliances, gas cooktop, stone counters, Roller shades. 2 parking side by side and 2 storage lockers. Steps to a foodies paradise, you will find Kissa Tanto, Virtuous Pie and Bodega just to name a few. This rare opportunity awaits you!More details
Affordable 7 Bedroom and 3 bathroom house in East Vancouver! Full renovation in 2018 which includes roof, exterior wall, flooring, kitchen cabinet , appliance, bath room and new fence and gate etc. Expansive backyard which will also accommodate an RV. Walk to absolutely everything and everywhere. Don't miss out on an opportunity to own a 2360 sqf house within a 10 minute walk to the historic and bustling Chinatown, Gas Town and Vancouver's Downtown!More details
Affordable large family starter home. Interior heritage features include original wood floors, spindle & banister stairway, and claw foot bathtub. Possible 5 or 6 bedrooms up and undeveloped basement down.Updated kitchen and bathroom. Mechanical update include 200 amp service, recent replaced hot water tank and furnace . Easy walking distance to downtown . Better than a townhouse . No monthly maintenance fees. Open House Saturday May 20th, 2023 from 1:00 to 3:00 pm.More details
Looking for outdoor space? This extraordinary 905 square foot wrap around Terrace is sure to please. Spacious N.E. corner unit features A/C and many updates: Modern kitchen with quality appliances including Miele 6 burner gas stove and large island with built in cabinets. Drop ceiling with pot lighting, flooring, stylish functional custom cabinets in the hallway. Other features include views of the city and north shore mountains, generous size storage/laundry room with full size washer/dryer, primary bedroom with walk in closet, 2nd bedroom complete with murphy bed, 2 outdoor gas hook ups. Lots of natural light. Minutes to Seawall, Gastown, Olympic Village, Yaletown, Main St. transit and all the trendy restaurants and amenities this location has to offer. 2 pets allowed. Open House June 10th and 11th from 2:00-4:00More details