Council approved the leases of city-owned properties at 449/455 Industrial Avenue in the False Creek Flats as part of a proposed Green Enterprise Zone.
The goal was to transform the False Creek Flats from a traditional industrial zone to an “engine of sustainable and innovative economic development for the City of Vancouver.” Its four major themes were circular economy, smart logistics, spaces to grow and solutions-based regulating.
The zone was meant to showcase the city’s best green innovation, feature green buildings and infrastructure, support sustainability-related industries, and attract new green capital. Services, wholesale, art and recreation, and manufacturing will remain the top business categories in this hub.
The area was expected to have capacity for more than 500 businesses and 8,000 jobs, making up 15 per cent of Vancouver’s industrial land base. Its first initiative was the Green Recycling Hub in partnership with United We Can.
The City also planned to use this area as the centrepiece of its Greenest Place to Work in the World campaign.
The False Creek Flats Green Enterprise Initiative was to work directly with businesses and involved a core partnership of the Vancouver Economic Commission with non-profit organizations such as the Strathcona Business Improvement Association, the Light House Sustainable Building Centre and One Earth, as well as some other private (non-profit and for-profit) and public organizations are collaborating to transform the Flats into a sustainable and competitive business hub.
- City of Vancouver: Unique partnership launches Vancouver’s first innovative Green Recycling Hub
- City of Vancouver: False Creek Flats Green Enterprise Zone