Seniors protest Wall Financial development in Vancouver's Chinatown - Action News
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British Columbia

Seniors protest Wall Financial development in Vancouver's Chinatown

Dozens of seniors and community activists from Vancouver's Chinatown poured into city hall on Monday afternoon to speak out against a proposed 12-storey mixed-use development in the centre of the historic neighbourhood.

City's revitalization plan aims to attract more economic activity in neighbourhood

Protesters were at city hall on Monday to protest a new mixed-use tower being proposed in Chinatown. (CBC)

Dozens of seniors and community activists fromVancouver's Chinatown poured into city hall on Monday afternoon to speak out against a proposed12-storeymixed-usedevelopment in the centre of the historic neighbourhood.

The protesters gathered at2:30 p.m. PT, prior to a development permit board meeting aboutWall Financial'sproject at 288 East Hastings St., which would comprise 172 housing units 104 of them social housing.

But those opposed say only 35 of the social housing units will be offered at $400 or less, the only rates truly affordable to the area's residentsmany of themlow-income Chinese seniors.

"Peopleoften forget thatChineseseniors are a big part of the Downtown Eastside community," said Chanel Ly, an outreach worker andmember of the Youth for Chinese Seniors project.

Ly said new developments like the one being proposed displace the neighbourhood's longtime shops and services, which serve older Chinese clientele. She saidmany of the seniors in Chinatown are lackingsocially appropriate services.

Revitalization plan in place

The city does have a revitalization plan in place for Chinatown, which it says includes fostering economic growth while preserving the historic neighbourhood's cultural significance.

The plan includes funding to preserve some of the historicbuildings in the area.

But Carnegie Community Action Planactivist King-mong Chan saidpreservation needs more than money for buildings.

"Themayor cannot with one hand establish a fund to rehabilitate these buildings, while with the other create and approve policies anddevelopmentapplications that approvethe market housing that breaks apart the community," he said.

Chan said there hasn't been any additional consultation with the community since the plan was put in place half a year ago.

"Without such an assessment,the city should not be approving any further projects that affect Chinatown," he said.

HaroldLavender, also with theCarnegie CommunityAction Plan, said Chinatown is one of the few remaining affordable neighbourhoods in the city. He said many of the area's residents rely on the low prices there, especiallywith food costsincreasing weekly.

"I feel a great loss when those shops disappear. The pace of change just seems to be getting faster and faster," he said.

"This project will raise the rents, it will lead to more stores disappearing, it will change the character of the neighbourhood forever."