Coriolis was selected by a group of cooperating agencies, including Metro Vancouver, TransLink, BC Housing, and Van City Credit Union to identify strategies to increase the amount of new rental housing constructed in locations with high transit service. The study identifies the market and financial barriers that are limiting the amount of rental construction and explores the potential to address these barriers with zoning, cost reduction, creative financing, and other levers.

Coriolis has been assisting TransLink in the evaluation of a possible regional development charge to help fund new transportation infrastructure. The Mayors’ Council has approved in principle the idea of a new regional DCC for transportation and Coriolis has been asked to continue working with TransLink on the development of a detailed proposal for this new funding mechanism.

The City of Burlington, Ontario is experiencing an increase in market interest in redevelopment to create new higher density residential projects, in part because of strong housing price growth in the GTA. The City asked Coriolis to help it increase its capability in analyzing how much new density is needed to make redevelopment financially viable and in using provincial legislation to obtain public benefits that address the needs and impacts of new development.