Metro Vancouver 2015 Industrial Lands Inventory Metro Vancouver 2015 Industrial Lands Inventory <div class="ExternalClass6BD9B66343614CC99355EFAB7F81AE5C"><p> <em>Metro 2040</em>, the regional growth strategy, includes provisions for the protection and intensification of the region’s industrial lands. Efficient use of the limited supply of industrial lands in Metro Vancouver is important for both local-servicing businesses and trade-related activities that support a growing and prosperous economy and an efficient goods movement network. </p><p>The Metro Vancouver 2015 Industrial Lands Inventory provides a complete picture of the amount and type of industrial lands in the region and their characteristics, and also allows for a comparison with past inventories (2005 and 2010) to assess change over time. </p><p>The 2015 Inventory includes 24 land use classifications as of mid-2015 in order to provide a detailed assessment of the wide range of industrial and quasi-industrial activities occurring on the lands. The Inventory covers 11,331 hectares (28,000 acres) of land spanning 9 sub-regions.</p><p>80% of the Inventory is Developed and 20% Vacant. Nearly half (47%) of the Inventory is classified as Building Intensive - General Urban, followed by 22% as Large Scale Infrastructure / Transportation. Over the 2010-2015 period, there was a net absorption of 380 ha (938 ac) of industrial lands, or 76 ha (188 ac) per year on average. </p><p>Key findings from the 2015 Inventory: </p><ul><li>Notable amount of industrial land used for non-industrial purposes</li><li>The conversion of industrial land continues</li><li>Over 90% of lands have a regional designation to support industrial protection; most supported with a municipal designation</li><li>Sometimes competing regional priorities for lands</li><li>Short-term intensification potential is limited </li><li>Potential extension of lifespan of available vacant lands</li><li>Few available large sites for ‘trade enabling’ logistics uses</li></ul><p>The 2015 Inventory results support dialogue among decision-makers and inform plans, policies, regulations, investments, advocacy, and other actions and decisions by public and private sector stakeholders. </p><p>The 2015 Inventory and further study of industrial lands issues will also inform a Regional Industrial Lands Initiative. The purpose of the Initiative is to bring together a broad and multi-sectoral group of municipalities, stakeholders, thought leaders, and key agencies. Through research, analysis, and interactive dialogue they will identify challenges with the current situation, explore opportunities, and discuss a robust set of possible responses. The key outcome of the collaborative process is anticipated to be a Regional Industrial Lands Strategy that will highlight solutions that can be undertaken by a variety of parties, including Metro Vancouver. <a href="/services/regional-planning/industrial-lands/resources/Pages/default.aspx" target="_blank"> Find out more</a>. </p></div>http://www.metrovancouver.org/metroupdate/PublishingImages/issue21-industriallands.jpg2016-05-27T07:00:00ZGP0|#073170bf-6321-4af1-9a6c-77213bdeb19d;L0|#0073170bf-6321-4af1-9a6c-77213bdeb19d|Issue 21;GTSet|#d14ffe11-45dc-48fb-8684-ff109cf15a74<div class="ExternalClassF19239E4FECF487B8E8D0E34DC3A3764"><p>​Efficient use of the supply of industrial lands in Metro Vancouver is important for both local-servicing businesses and trade-related activities. This Industrial Lands Inventory provides a complete picture of the industrial lands right across the region. </p></div>0