BCBusiness

September 2017 How to Conquer the World

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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TAEHOON KIM SOURCE: BC ASSESSMENT SEPTEMBER 2017 BCBUSINESS 15 T H E M O N T H LY I N F O R M E R tmı "Hey, this thing I love, gaming, now can t within the things I'm looking for in a business model" –p.21 S E P T E M B E R 2 0 17 INSIDE Dirty money ... Tumbler Ridge turnaround ... Chain pub crawl ... How to wear a kilt ... + more BATTLE GROUND Tax consultant Paul Sullivan is pushing to lower tax rates on empty land slated for residential development A t the corner of Alma Street and West 10th Avenue in Vancouver, a long-standing vacant lot that was once a gas station has recently become a 24,000-square-foot gar- den brimming with vegetables, fruit and •owers. Neighbourhood gardeners who•make use of its 100 plots, for a nominal fee of $15 a year, have a real estate developer to future condo development. Temporary gardens, and sometimes parks, have popped up throughout Vancouver, usually in places undergoing densiƒcation, around Olympic Village or the downtown core. The Davie Village Community Garden at Burrard and Davie streets is owned by Prima Properties, which plans to build a mixed-use tower on the site. London Drugs Ltd. has a community garden next to its store on East Hastings Street while the company holds the land for a mixed-use residential development. A spokesperson said London Cash Crop REAL ESTATE LAY OF THE LAND thank for their future bounty. Landa Global Properties hired a non-proƒt gardening group to transform the lot—decommis- sioned by Shell Canada Ltd. when it sold the property in 2008—into a series of raised garden beds, with seating, public art and fruit trees, as well as a water supply. Gardeners can only be assured of a crop from season to season, though, because the land is a Property developers have made Vancouver greener by converting empty lots into community gardens, but they're also reaping a generous tax break by Kerry Gold 22 Vacant lots in Vancouver, Burnaby, North Vancouver and Squamish converted to gardens and parks in the 2017 tax assess- ment year 16 Garden and park conver- sions in the 2013 tax assessment year

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