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UBC Stadium Neighbourhood Rental Housing Market Demand Study

Location

Vancouver, BC

Client

University of British Columbia

Description: Colliers was retained by Campus + Community Planning to complete an assessment of the potential magnitude of demand for rental housing in the Stadium Road Neighbourhood.

Challenge

In expanding the University of British Columbia’s campus to better accommodate students in a highly constrained housing market, Colliers undertook a Rental Housing Market Study for the Stadium Road Neighbourhood. Our key task was to determine whether there is sufficient demand in the market for UBC to develop additional rental housing beyond their current plans and policy targets.

Scope of Services

Our scope of work included reviewing student forecasted growth and housing waitlists in order to determine the supply and demand projections for non-market and market units. Findings from this study assisted UBC in finalizing the Stadium neighbourhood plan and rental scenarios.

Outcome

Findings indicated that there was significant demand for rental housing on campus, particularly oriented to student and staff housing. It is noted that the ability to sufficiently house people on campus reduces the need for commuting, enlivens the overall campus atmosphere, and helps to better attract and accommodate students and employees.

UBC Stadium



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Pour plus d’informations, veuillez contacter:

Russell Whitehead

Planning Consultant

Vancouver - Rogers Tower

Russell Whitehead is an urban planner and development consultant with Colliers International Consulting in Vancouver. Russell has served as project manager on a wide variety of complex development advisory assignments locally, as well as throughout North America, China, the Middle East, and South America. Russell provides expertise in strategic planning, market analyses, demand modelling, site location strategies, demographic forecasting, and development feasibility studies for both public and private sector clients.

 

 

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