Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | ||||||||||||||||||||||||||||||||||
August 20, 2019 | ||||||||||||||||||||||||||||||||||
Association News
Unsuspecting guests boarded the Magic Spirit in Coal Harbour to find they were new recruits on a pirate ship. The 2.5 hour cruise included a treasure hunt (the winning team won a chest containing Visa, liquor store and spa gift cards), music by DJ Barronn S, and a pirate-themed photo booth. The group that won Best Costume for their surfer-meets-shark outfits were awarded a bottle of rum and beach-related goodies.
BOMA thanks QuadReal (Presenting Sponsor), Mott Electric for the beer bar, Bee Clean for the photo booth, Trane for entertainment, Black Tie Property Services for the food, and ESC Automation for the costume contest.
Regulatory News
The province is looking for feedback on proposed changes to the BC Building Code affecting carbon monoxide detectors and alarms, as well as roof-top enclosures and roof-top occupancy. The online review is only open until August 23rd. Take the survey. Multi-unit residential building owners and property managers are encouraged to participate in NRCan’s survey on energy consumption. With a high number of MURBs in the Lower Mainland, your input is important. It takes about 20-30 minutes to complete for each building. If you did not receive a unique code, it can be requested by emailing NRCan.BuildingSurvey@nielsen.com. If you already have a code, go directly to the survey at this link: https://www.nrcanbuildingsurvey.ca. Government Affairs
Damian and Muneesh of BOMA met with Minister of Municipal Affairs and Housing and Minister Responsible for Translink Hon. Selina Robinson and her staff. They discussed property tax assessment policies and energy reduction programs offered by BOMA. BOMA BC wrote to the Premier on behalf of BC Business Associations to request changes to our property tax assessment system. View the letter here.
Good to Know
BOMA is a signatory on a submission by the Employer Community to WorkSafeBC regarding changes to the Workers Compensation System.
Source: Journal of Commerce/ConstructConnect
Several British Columbia construction associations, labour groups, and private industry are joining forces to change worksite culture with a new code of conduct for the industry. Their intent is to reduce harassment, hazing, and bullying on construction sites. As defined by the Builders Code, an acceptable worksite supplies employers with tools, training, and resources to promote a more safe, inclusive, and productive worksite, as well as a pledge document for companies to sign.
Event Calendar
Around the Industry
Source: Journal of Commerce/ConstructConnect
A new 32-storey office tower will replace a 15-storey building in downtown Vancouver, adding interest with its series of stacked terraces as its roof, after Vancouver city council approved rezoning of the property earlier this month. Source: Vancouver Sun
According to Real Capital Analytics, a global real estate data company, the commercial property market in Metro Vancouver won’t experience price drops similar to the local residential market. Source: Vancouver Sun
The majority of the 21 municipalities that represent Metro Vancouver have their own individual economic development strategies in place, but the Metro Vancouver board is taking a page out of Toronto and Edmonton’s books and has endorsed the creation of an economic development organization that would create a regional brand to attract investment to the area. Source: Real Estate News Exchange
Vancouver-based company Anthem Properties now owns a mixed-use commercial building, which is currently fully leased, in Victoria West. Source: Western Investor
Landlords feeling the pressure of Vancouver’s high retail rental costs have begun including demolition clauses in their retail rental agreements so they can force retailers out if a developer wants in. |
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