Concord Pacific Unveils Bold 12-Tower, 5,000-Home Plan for Northeast False Creek Development

Concord Pacific has unveiled its vision for the long-awaited development of the northeast shore of False Creek, proposing a transformative community that blends urban density with walkable public spaces. The project, dubbed Concord Landing, aims to deliver 5,000 new homes and a dynamic village atmosphere to one of Vancouver's most underutilized areas.

The 12-tower proposal, which includes buildings as tall as 65 stories, seeks to revitalize the former Expo 86 lands between the Plaza of Nations and Science World. Renderings showcase a mix of modern architecture, greenspaces, and pedestrian-friendly pathways, as well as a three-kilometre extension of the seawall.

A "Portofino-Inspired" Vision

Peter Webb, Concord’s senior vice president of development, described the project as “a comprehensive and ambitious vision that integrates local and global elements of urban design.”

The development draws inspiration from Portofino, an Italian fishing village known for its stacked housing, picturesque shoreline, and vibrant community spaces. Concord’s plans include:

• A village retail hub featuring up to 50 smaller stores and restaurants, with a focus on local businesses and artisans.

• Convertible fields for events and recreational play.

• Child-friendly play spaces and walking/biking routes.

• Waterfront features and tidal areas.

Housing and Connectivity Goals

The 5,000 homes will reflect a mix of housing types in line with Vancouver’s inclusivity goals. Concord also emphasized the site’s role as a connection point, linking downtown landmarks like Rogers Arena, B.C. Place, and the upcoming St. Paul’s Hospital with the waterfront and Chinatown.

Central to the plan is the realignment of Georgia Street into a more accessible pedestrian, cycling, and vehicular corridor, opening up the area between downtown and False Creek.

The Viaducts Dilemma

However, the project’s success depends on Vancouver fulfilling its 2015 promise to demolish the viaducts, which have long blocked the site’s integration with surrounding areas. Concord Pacific and Metropolitan Properties (Plaza of Nations) have pledged $210 million toward the project, covering about half of the estimated cost to remove the viaducts.

City council’s recent decision to relax protected "view cone" restrictions also plays a crucial role, allowing for taller towers and increased housing density in the area.

Looking Ahead

Concord plans to submit a rezoning inquiry to the city in the coming month, with construction anticipated to begin within two to three years if approvals proceed smoothly.

The development promises to not only address Vancouver's housing crisis but also create a vibrant, inclusive community that celebrates local culture and business.

“This is about creating a space that serves both residents and visitors,” said Webb. “It’s a place where the city’s past and future come together on the waterfront.”