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EAST VILLAGE Yaletownvancouver Neighborhoods Vancouver Neighbourhoods BIZMAP.CA YALETOWN YALETOWNINFO.COM bizmap.ca Photo by Britney Gill EAST VILLAGE YALETOWNVancouver Neighborhoods Vancouver Neighbourhoods BIZMAP.CA YALETOWN YALETOWNINFO.COM Photo by Yaletown BIA DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % 30-34 36 BIA SIZE RESIDENTIAL MARKET SIZE YEARS BACHELOR’S DEGREE average age is 40.7 22 BLOCKS 1.4 SQ. KM. BUSINESS SIZE RESIDENTIAL CATCHMENT AREA POPULATION % 842 BUSINESSES; 52 27,381 RESIDENTS OF WHICH HAVE FEWER THAN 11.6% growth from 2011-2016 FIVE EMPLOYEES with a population density of COMMERCIAL DEVELOPMENT POTENTIAL 15,904 SIGNIFICANT PEOPLE PER SQ. KM. RE-DEVELOPMENT COMMERCIAL SIZE SINCE 2001 reflecting the area’s regeneration during the dot-com era of the late 1990s 539 PROPERTIES with an assessed commercial value of $1.9 BILLION ATTRACTIONS DOMINANT HOUSEHOLD INCOME Roundhouse BC Place 28 Heritage Vancouver David Lam $ Community Arts & Buildings Seawall Park 200,000+ Recreation Centre BIZMAP.CA POPULATIONUpdated GROWTH August 2018 OF DOMINANT AGE GROUP 12% IS 30-34 from 2011-2016 THE TOP 3 % % % LANGUAGES 74 4 3 SPOKEN AT HOME ARE ENGLISH MANDARIN FARSI (PERSIAN) % % 52 REPORTED 56 HAVE MOVED WESTERN EUROPEAN HERITAGE TO THE AREA WITHIN particularly English (18%), Scottish (13%), Irish (12%), THE PAST 5 YEARS and German (9%) THE DOMINANT HOUSEHOLD INCOME IS $200,000+ AREA INCLUDES A MIX OF HIGH INCOME AND LOW INCOME HOUSEHOLDS % % 25 OF RESIDENTS 21 HAVE PURSUED HAVE THE EDUCATION LEVEL POSTGRADUATE EDUCATION OF A BACHELOR’S DEGREE significantly higher than Vancouver & Metro Vancouver OTHER INCLUDE: MOST COMMON OCCUPATIONS LEADING OCCUPATIONS FOR RESIDENTS ARE IN BUSINESS, » Sales & service (18%) FINANCE & ADMINISTRATION % » Management (18%) 20 » Natural & applied sciences (13%) 43% 51% 1.8 OF HOUSEHOLDS ARE SINGLE PERSON AVERAGE PERSONS ARE FAMILIES HOUSEHOLDS PER HOUSEHOLD higher than Vancouver (39%) and Metro Vancouver (29%) $ YALETOWN AVERAGE ANNUAL 90,122 EXPENDITURE PER HOUSEHOLD indicative of the disposable income buying power in this area % OF DWELLINGS YALETOWN HOUSING IS 97 ARE APARTMENTS MOSTLY NEW much higher than Vancouver (80%) or Metro Vancouver (58%) HIGH-END, SMALL SIZE % % CONDOMINIUMS HAVE FILLED 54 46 THE SPACE OF RESTORED ARE HOME OF RESIDENTS HERITAGE BUILDINGS OWNERS ARE RENTERS 96% OF COMMERCIAL SPACE IS ZONED AS H3-A which is a special zoning created for Yaletown to encourage conversion and renovation of existing warehouse buildings 4% OF COMMERCIAL SPACE IS ZONED AS CD-1 YALETOWN IS HOME TO HOME TO THE DAVID LAM, GEORGE ROUNDHOUSE COMMUNITY ARTS WAINBORN, HELMCKEN & RECREATION CENTRE & YALETOWN PARKS HOME TO YALETOWN-ROUNDHOUSE STATION ON THE SKYTRAIN CANADA LINE EASY ACCESS TO YVR AIRPORT AND CANADA PLACE KEY EVENTS INCLUDE: » Halloween events % 50 » CandyTown » Pet-A-Palooza OF THE BIA IS 2 DESIGNATED SCHOOLS » Taste of Yaletown » Roundhouse Fun Fair HERITAGE NEARBY » Vancouver International Jazz Festival » Queer Arts Festival TOP INDUSTRIES ARE RETAIL 16% BUSINESSES OPERATE AND PROFESSIONAL, SCIENTIFIC & 842 IN YALETOWN TECHNICAL SERVICES 16% FASTEST » Agriculture, forestry, fishing & hunting GROWING » Educational services SUB-SECTORS INCLUDE: from 2011-2016 » Health care & social assistance % MICRO 52 BUSINESSES with fewer than five employees LEASE RATES FOR GROUND LEVEL COMMERCIAL ARE $52-$62 PER SQ. FT. LEASE RATES FOR OFFICE/ SECOND LEVEL ARE $11-$24 PER SQ. FT. YALETOWN YALETOWNINFO.COM Photo by Britney Gill DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % Overview People30-34 36 BIA SIZE RESIDENTIAL MARKET SIZE POPULATION:YEARS BACHELOR’S DEGREE Located at the southwestern edge of Vancouver’s average age is 40.7 downtown peninsula, Yaletown BIA extends from » An estimated 27,381 people live in the Yaletown BIA residential BLOCKS SQ. KM. catchment area, which saw 11.6% growth between 2011 and 2016, 22the north side of False 1.4Creek to Homer Street in higher than Vancouver (4.6%) and Metro Vancouver (6.5%). the north and Robson Street in the east. Its central BUSINESS SIZE location and proximity to transit, including the » Residents are more likely to be male (52%) and much more likely RESIDENTIAL CATCHMENT AREA POPULATION % Canada Line SkyTrain and False Creek Ferries, to be single (51%) BUSINESSES; as compared with residents in other parts of 842Vancouver and Metro Vancouver. 52 provides convenient27,381 access from mostRESIDENTS parts of the OF WHICH HAVE FEWER THAN Yaletown area residents are younger adults as compared with city as well as Vancouver11.6% growth from International 2011-2016 Airport. » their city andFIVE regional counterparts, EMPLOYEES with a higher proportion of people aged 20-44 (see Figure 1). withYaletown a population offers density a colourful of mix of food and shopping, with trendy restaurants, sunny patios and FigureCOMMERCIAL 1: Population by DEVELOPMENT Age POTENTIAL 15,904boutique shops set along heritage brick walkways. 40%SIGNIFICANT PEOPLEIt is no wonder PER that Yaletown SQ. KM. is one of the most densely-populated areas of the city and one of RE-DEVELOPMENT35% Vancouver’s top destinations for visitors. Yaletown is 30% also one of the few BIAs in Vancouver that supports COMMERCIAL SIZE SINCE 2001 a strong office market with more than 1.6 million reflecting25% the area’s regeneration during the dot-com era of the late 1990s sq. ft. of office space where tech businesses, movie PROPERTIES 20% 539production, and advertising companies create with an assessed commercial value of population % of total 15% world-famous shows, ads and software above the population % of total ATTRACTIONS $ground floor commercial spaces. 1.9 BILLION 10% 5% The Yaletown residential catchment area Under 20 20 to 34 35 to 44 45 to 54 55 to 64 65 or Older DOMINANTcomprises HOUSEHOLDresidents bordered INCOME by Robson Street Yaletown Vancouver Metro Vancouver (north), False Creek (south and east) and Roundhouse BC Place 28 Heritage Vancouver David Lam $Granville Street (west). Source: Community Statistics CanadaArts & 2016 Census Buildings Seawall Park 200,000+ Recreation Centre Figure 3: Ethnic Origin POPULATION GROWTH OF DOMINANT AGE GROUP 30% % 12 25%IS 30-34 20% from 2011-2016 15% % of population 10% BIZMAP.CA 3 Updated August 2018 5% 0% THE TOP 3 % English % Chinese Scottish % Irish Canadian LANGUAGES 74 4Yaletown Vancouver3 Metro Vancouver SPOKEN AT HOME ARE ENGLISH MANDARIN FARSI (PERSIAN) Figure 4: Average Household Income % 20% % 52 REPORTED 56 HAVE MOVED TO THE AREA WITHIN WESTERN EUROPEAN HERITAGE15% particularly English (18%), Scottish (13%), Irish (12%), THE PAST 5 YEARS and German (9%) 10% % of households 5% 0% Less than $20K $20-$39KTHE$40-$59K DOMINANT$60-$79K $80-$99K $100-$149K $150K + Yaletown HOUSEHOLDVancouver INCOMEMetro Vancouver IS $200,000+ Figure 9: Dwellings by MajorAREA Structural Type INCLUDES A MIX OF Yaletown HIGH INCOMEVancouver AND LOWMetro Vancouver Single-Detached Semi-Detached/INCOMESingle-Detached HOUSEHOLDSSemi-Detached/ Single-Detached Row Row 3% 0% 15% 29% 5% 58% 12% % 97% % 80% 25 OF RESIDENTS 21 HAVE PURSUED Apartment Apartment Apartment Semi-Detached/ HAVE THE EDUCATION LEVEL POSTGRADUATE EDUCATION Row OF A BACHELOR’S DEGREE significantly higher than Vancouver & Metro Vancouver Semi-Detached/Row FigureOTHER 10: Age of Housing LEADING Stock OCCUPATIONS INCLUDE: MOST COMMON OCCUPATIONS 60% FOR RESIDENTS ARE IN BUSINESS, 50%» Sales & service (18%) FINANCE & ADMINISTRATION 40% % » Management (18%) 30% 20 % of dwellings » Natural & applied sciences (13%) 20% 10% 0% % % Pre-1960 1961 to 1980 1981 to 1990 1991 to 2000 2001 and newer 43 51 Yaletown Vancouver1.8 Metro Vancouver OF HOUSEHOLDS ARE SINGLE PERSON AVERAGE PERSONS ARE FAMILIES HOUSEHOLDS PER HOUSEHOLD higher than Vancouver (39%) and Metro Vancouver (29%) YALETOWNFigure AVERAGE 13: Commercial Business ANNUAL Size $ Small - Medium EXPENDITURE PER HOUSEHOLD (21-50 employees) 90,122 Small (5-20 10% indicative of the disposableemployees) income buying power in this area 6% Large (more than 50 employees) 32% % OF DWELLINGS YALETOWN HOUSING IS ARE APARTMENTS MOSTLY NEW 97 52% Micro (under 5 much higher than Vancouver (80%) or Metro Vancouver (58%) employees) HIGH-END, SMALL SIZE % % CONDOMINIUMS HAVE FILLED 54 46 THE SPACE OF RESTORED ARE HOME OF RESIDENTS HERITAGE BUILDINGS OWNERS ARE RENTERS 96% OF COMMERCIAL SPACE IS ZONED AS H3-A which is a special zoning created for Yaletown to encourage conversion and renovation of existing warehouse buildings 4% OF COMMERCIAL SPACE IS ZONED AS CD-1 YALETOWN IS HOME TO HOME TO THE DAVID LAM, GEORGE ROUNDHOUSE COMMUNITY ARTS WAINBORN, HELMCKEN & RECREATION CENTRE & YALETOWN PARKS HOME TO YALETOWN-ROUNDHOUSE STATION ON THE SKYTRAIN CANADA LINE EASY ACCESS TO YVR AIRPORT AND CANADA PLACE KEY EVENTS INCLUDE: » Halloween events % 50 » CandyTown » Pet-A-Palooza OF THE BIA IS 2 DESIGNATED SCHOOLS » Taste of Yaletown » Roundhouse Fun Fair HERITAGE NEARBY » Vancouver International Jazz Festival » Queer Arts Festival TOP INDUSTRIES ARE RETAIL 16% BUSINESSES OPERATE AND PROFESSIONAL, SCIENTIFIC & 842 IN YALETOWN TECHNICAL SERVICES 16% FASTEST » Agriculture, forestry, fishing & hunting GROWING » Educational services SUB-SECTORS INCLUDE: from 2011-2016 » Health care & social assistance % MICRO 52 BUSINESSES with fewer than five employees LEASE RATES FOR GROUND LEVEL COMMERCIAL ARE $52-$62 PER SQ. FT. LEASE RATES FOR OFFICE/ SECOND LEVEL ARE $11-$24 PER SQ. FT. DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % 30-34 36 BIA SIZE RESIDENTIAL MARKET SIZE YEARS BACHELOR’S DEGREE average age is 40.7 22 BLOCKS 1.4 SQ. KM. BUSINESS SIZE RESIDENTIAL
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