Press Release: The Waterfront Vancouver – Nearing Completion – Brings $6.1 Billion In Economic Value and Benefits To The Region

New economic impact analysis shows local and regional investment to be well founded and delivering on the longstanding mission, while triggering hundreds of millions in future development spending and in tax revenue.

With an estimated 2030 completion date and $1.6 billion in direct investment and costs underway/projected, The Waterfront Vancouver will deliver the total output value of $6.1 billion in 2022-measured dollars.

The new, 2023 Economic Impact Analysis of The Waterfront Vancouver by Johnson Economics (Executive Summary can be found here) now verifies the vision has been realized. The study examines what has been invested to date, from one-year post construction starting in 2017 through 2024 including what’s now underway. The total impacts of output – direct, indirect and induced – are also estimated through project completion, anticipated for 2030.

Economist Jerry Johnson provided these key data findings in the analysis through 2024 and projected through project completion in 2030 (in 2022 dollar value):

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Vancouver Waterfront Masterplan Nears Completion

The next phase of the Vancouver development is slated to include senior living, additional apartments and parking.

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DosAlas Latin Kitchen & Tequila Bar Opens At Waterfront Vancouver

The Columbian | Article

Upscale restaurant serves Latin-inspired menu, drinks, bird’s-eye view of river.

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Waterfront Vancouver Celebrates First Anniversary of Grand Opening

The Columbian | Article

One year ago today, an estimated 15,000 people gathered to celebrate the debut of Vancouver Waterfront Park and Grant Street Pier, the central features of The Waterfront Vancouver Development.

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Old Industrial Area Becomes A Destination Along The Columbia

Seattle Daily Journal of Commerce | Article

At full build out, The Waterfront Vancouver will have 3,300 residential units, 1.5 million square feet of office, retail and restaurant buildings and a waterfront park.

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The Waterfront Vancouver USA