Everyone is so excited about the Arbutus corridor becoming part of the livable green city, with new biking, walking connections potential, a new tramway track and the removal of the old Canadian Pacific Railway ties. Years ago housing facing the Arbutus corridor was discounted because of the uncertainty of the eventual use of the corridor.
An article in The Globe and Mail compares the new Arbutus corridor to the High Line in New York City which has become an elevated green oasis, sparked regeneration of buildings in that area, and reaping 100 million dollars in extra property tax in 2010 alone.
City Hall is now in the planning stage for the next steps of this significant corridor but it begs the question-how do we correctly cost the greenway and assess the economic, social, recreational, and amenity value as a significant green spine in the west side of the city? Can…
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