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EAST VILLAGE Gastownvancouver Neighborhoods Vancouver Neighbourhoods BIZMAP.CA GASTOWN GASTOWN.ORG

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EAST VILLAGE Gastownvancouver Neighborhoods Vancouver Neighbourhoods BIZMAP.CA GASTOWN GASTOWN.ORG EAST VILLAGE GASTOWNVancouver Neighborhoods Vancouver Neighbourhoods BIZMAP.CA GASTOWN GASTOWN.ORG DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % 30-34 32 BIA SIZE RESIDENTIAL MARKET SIZE YEARS BACHELOR’S DEGREE average age is 42 12 BLOCKS 10 SQ. KM. BUSINESS SIZE RESIDENTIAL CATCHMENT AREA POPULATION BUSINESSES; % 108,128 RESIDENTS 501 44 OF WHICH HAVE FEWER THAN in the downtown peninsula, with 12% growth from 2011-2016 FIVE EMPLOYEES with a population density of 11,022 COMMERCIAL DEVELOPMENT POTENTIAL PEOPLE PER SQ. KM. the most densely populated area in Vancouver REVITALIZATION OF OLDER HERITAGE BUILDINGS COMMERCIAL SIZE CONTINUES 127 PROPERTIES with an assessed commercial value of more than $983 MILLION ATTRACTIONS DOMINANT HOUSEHOLD INCOME RANGE Gastown Vancouver Historical $100,000-$124,999 Steam Clock Police Museum walking tours BIZMAP.CA Updated August 2018 % OF RESIDENTS ARE 37 AGED 20-34 higher than Vancouver (27%) and Metro Vancouver (22%) THE TOP 3 % POPULATION GROWTH OF 3 LANGUAGES % MANDARIN % SPOKEN 76 % 12 ENGLISH 3 from 2011-2016 AT HOME ARE FARSI (PERSIAN) % % 61 REPORTED 13 REPORTED WESTERN EUROPEAN HERITAGE CHINESE HERITAGE particularly English (20%), Scottish (15%), Irish (15%) and German (11%) THE DOMINANT HOUSEHOLD INCOME IS $100,000-$124,999 % % 54 HAVE SOME LEVEL OF 18 HAVE PURSUED UNIVERSITY EDUCATION POSTGRADUATE EDUCATION OTHER LEADING OCCUPATIONS INCLUDE: MOST COMMON OCCUPATIONS FOR RESIDENTS ARE IN SALES » Business, finance & administration (18%) & SERVICE % » Management (16%) 22 » Natural & applied sciences (12%) % ARE SINGLE PERSON % 55 HOUSEHOLDS 37 1.6 significantly higher than Vancouver (39%) and OF HOUSEHOLDS AVERAGE PERSONS Metro Vancouver (29%) ARE FAMILIES PER HOUSEHOLD $ GASTOWN AVERAGE ANNUAL 76,538 EXPENDITURE PER HOUSEHOLD lower than the average household in Vancouver ($84,710) or in Metro Vancouver ($87,106), likely relating to the smaller household sizes in the area %OF DWELLINGS % OF RESIDENTS % ARE HOME 98 ARE APARTMENTS 68 ARE RENTERS 32 OWNERS significantly higher than Vancouver (80%) 1/3 GASTOWN APARTMENT/CONDO OF HOUSING IN THE PRICES TYPICALLY RANGE FROM MARKET AREA WAS BUILT $750,000-$1.2 MILLION SINCE 2001 100% OF GASTOWN IS ZONED AS HA-2 to recognize the special status of the area and to ensure maintenance of ‘turn of the century’ historical architecture COMMERCIAL DEVELOPMENT POTENTIAL IS HIGH KEY DESTINATIONS INCLUDE: » Small independent boutiques and excellent gift/souvenir shops GASTOWN IS CLOSE TO CRAB PARK & » Vancouver Police Museum VICTORY SQUARE PARK » Art Galleries CLOSE TO WATERFRONT STATION, OFFERING ACCESS TO NUMEROUS BUS, SEABUS AND SKYTRAIN LINES FOUR MOBI BIKE STATIONS AMPLE CAR-SHARING OPPORTUNITIES AND ON-STREET PAY PARKING GASTOWN HAS A BIKER’S PARADISE WALK SCORE OF 97 BIKE SCORE OF 91 KEY EVENTS: HOME TO THE » Global Relay Gastown Grand Prix GASTOWN » Spring Shop Hop STEAM CLOCK » Yule Duel BUSINESSES TOP INDUSTRIES ARE RETAIL 27%, AND OPERATE IN PROFESSIONAL, SCIENTIFIC & 501 GASTOWN TECHNICAL SERVICES 19% FASTEST GROWING » Computer services » Health & beauty SUB-SECTORS INCLUDE: » Community associations » Restaurants BUSINESS OPPORTUNITIES BASED ON LEASE RATES ARE APPROXIMATELY MARKET DEMAND, COULD INCLUDE: $62 PER SQ. FT. FOR GROUND LEVEL RETAIL » Additional oce space $35 PER SQ. FT. FOR OFFICE » Small live music/entertainment venues 44% MICRO 38% SMALL BUSINESSES BUSINESSES with fewer than 5 employees with 5 to 20 employees GASTOWN GASTOWN.ORG DOMINANT AGE RANGE DOMINANT EDUCATION LEVEL FAST FACTS % 30-34 32 BIA SIZE RESIDENTIAL MARKET SIZE YEARS BACHELOR’S DEGREE Overview Peopleaverage age is 42 12 BLOCKS 10 SQ. KM. POPULATION: Gastown is one of Vancouver’s most vibrant and unique areas. As the first downtown core of Vancouver, the area » 108,128BUSINESS residents SIZE live within the downtown peninsula residential RESIDENTIAL CATCHMENT AREA POPULATION catchment area. The population is growing - between 2011 and has transitioned into a centre of innovation and truly 2016, the Gastown BIA catchment area saw population% growth of memorable experiences, while maintaining a strong 501 BUSINESSES; 44 108,128 RESIDENTS 12%, which is almost double that of Vancouver (6.5%) and much connection to its history. Artfully catering to visitors OF WHICH HAVE FEWER THAN in the downtown peninsula, with 12% growth from 2011-2016 higher than Metro Vancouver (4.6%). and residents alike, Gastown contains something for Area residents areFIVE young, working EMPLOYEES professionals. Substantially everybody. No other Vancouver neighbourhood offers » with a population density of more people in the area are aged 20-34 as compared to such a diverse mix of retail and dining options housed Vancouver and Metro Vancouver, and substantially fewer are within authentic heritage architecture, alongside a vibrant children (see Figure 1). creative11,022 and tech scene. COMMERCIAL DEVELOPMENT POTENTIAL the most densely populated In contrast to statistics for the city and region, residents more PEOPLE PER SQ. KM. area in Vancouver » likelyREVITALIZATION to be male (53%) and single (55%). OF OLDER This stylish and diverse neighbourhood covers twelve city Figure 1: Population by Age blocks and the market area is home to 108,128 residents Figure 1: PopulationHERITAGE by Age BUILDINGS (thoseCOMMERCIAL living in the SIZE Downtown Peninsula). The distinctive 40% CONTINUES atmosphere and proximity to Vancouver’s Central Business District127 has attracted PROPERTIES residents who are primarily in the 35% with an assessed commercial value of more than professional workforce. Gastown is an extraordinary 30% ATTRACTIONS shopping$ destination for locals and visitors alike, with an 25% unmatched983 selection MILLION of designer men’s and women’s 20% fashion and accessories, independent boutiques with local % of total population % of total 15% andDOMINANT international HOUSEHOLD designers, INCOME art galleries, RANGE thrift stores and 10% a well-known discount department store. It also remains Gastown Vancouver Historical Steam Clock Police Museum walking tours connected$ to its working roots with$ businesses focused 5% Under 20 20 to 34 35 to 44 45 to 54 55 to 64 65 or Older on innovation100,000- and creativity, such as124,999 sustainable fashion, technology, design, home décor and furniture stores. Gastown Vancouver Metro Vancouver Gastown brings the best of the city together in a 12-block Source: Statistics Canada 2016 Census area of concentrated style. % OF RESIDENTS ARE Figure 3:37 Ethnic Origin AGED 20-34 higher than Vancouver (27%) and Metro Vancouver (22%) 30% 25% BIZMAP.CA 3 Updated August 2018 20% 15%THE TOP 3 3% POPULATION GROWTH OF % of population 10% LANGUAGES % MANDARIN % 5% 76 12 SPOKEN % 0% ENGLISH 3 from 2011-2016 AT HOMEEnglish AREScottish Irish Chinese FARSI Canadian(PERSIAN) Gastown Vancouver Metro Vancouver % Figure 4: Average Household Income % 61 REPORTED REPORTED 25% 13 WESTERN EUROPEAN HERITAGE CHINESE HERITAGE particularly English (20%), Scottish (15%), Irish (15%) and German (11%) 20% 15% 10% % of households 5% 0% Less than $20K $20-$39KTHE$40-$59K DOMINANT$60-$79K $80-$99K $100-$149K $150K + Gastown HOUSEHOLDVancouver INCOMEMetro VancouverIS $100,000-$124,999 Figure 9: Dwellings by Major Structural Type Gastown Vancouver Metro Vancouver Single-Detached Semi-Detached/ Single-Detached Semi-Detached/ Single-Detached Row Row 0.1% 2% 15% 29% % % 5% HAVE PURSUED 54 HAVE SOME LEVEL OF 18 58% UNIVERSITY EDUCATION POSTGRADUATE EDUCATION12% 98% 80% Apartment Apartment Apartment Semi-Detached/ Row OTHER LEADING OCCUPATIONS INCLUDE: MOST COMMON OCCUPATIONS FOR RESIDENTSSemi-Detached/Row ARE IN SALES » Business, finance & administration (18%) Figure 10: Age of Housing Stock & SERVICE % » Management35% (16%) 30% » 22 Natural25% & applied sciences (12%) 20% 15% % of dwellings 10% % ARE SINGLE PERSON % HOUSEHOLDS 5% 55 0%37 1.6 significantly higher than Vancouver (39%) and OFPre-1960 HOUSEHOLDS1961 to 1980 1981 to 1990 AVERAGE1991 to 2000 2001PERSONS and newer Metro Vancouver (29%) ARE GastownFAMILIES Vancouver PER HOUSEHOLDMetro Vancouver $ GASTOWN AVERAGE ANNUAL 76,538 EXPENDITURE PER HOUSEHOLD lower than the average household in Vancouver ($84,710) or in Metro Vancouver Figure 13: Fastest Growing Commercial Sub-sectors ($87,106), likely relating to the smaller household sizes in the area Limited Service Food Establishments Community Associations %OF DWELLINGS %Real OFEstate Dealers RESIDENTS % ARE HOME 98 ARE APARTMENTS 68 AREConsultants RENTERS 32 OWNERS significantly higher than Vancouver (80%) Health Services Fitness Centres 0 1 2 3 4 5 6 7 8 # of new businesses (2011-2016) 1/3 GASTOWN APARTMENT/CONDO OF HOUSING IN THE PRICES TYPICALLY RANGE FROM MARKET AREA WAS BUILT $750,000-$1.2 MILLION SINCE 2001 Figure 13: Commercial Business Size Small - Medium (21-50 employees) Large (more than 7% 50 employees) 11% 100% OF GASTOWN IS ZONED AS44% Micro (under 5 HA-2employees) to recognize the special status of the area and to ensure maintenance of ‘turn of the 38% century’ historical architecture Small (5-20 employees) COMMERCIAL DEVELOPMENT POTENTIAL IS HIGH KEY DESTINATIONS INCLUDE: » Small independent boutiques and excellent gift/souvenir shops GASTOWN IS CLOSE TO CRAB PARK & » Vancouver Police Museum VICTORY SQUARE PARK » Art Galleries CLOSE TO WATERFRONT STATION, OFFERING ACCESS TO NUMEROUS BUS, SEABUS AND SKYTRAIN LINES FOUR MOBI BIKE STATIONS AMPLE CAR-SHARING OPPORTUNITIES AND ON-STREET PAY PARKING GASTOWN HAS A BIKER’S PARADISE WALK SCORE OF 97 BIKE SCORE OF 91 KEY EVENTS:
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