Port Moody Real Estate News

Port Moody has changed a lot in the last few years. We've seen new housing developments and high-rise condo towers change the skyline of Port Moody, and the Evergreen Line will no doubt make the city grow at an even faster pace. For a city to grow successfully, a complex and detailed plan is needed so that every aspect of the growth is anticipated, and problems are averted.

According to the City of Port Moody website section on housing, the sustainability plan's goal for real estate in Port Moody is to ensure a full spectrum of housing options including single family, condos, townhouses, and assisted seniors’ housing. The objective of the city's sustainability plan is to increase the prevalence of mixed housing in Port Moody.

Action items on the plan include: encourage a mix of housing options within new developments, and explore alternative housing options within established neighbourhoods and in consultation with neighbouring residents.

The City of Port Moody's sustainability model is based on four pillars: Environmental, Economic, Social and Cultural. These are defined on the City of Port Moody website as follows:

Environmental Sustainability involves planning for the enjoyment of our natural environment, while minimizing our impact, and preserving environmentally sensitive areas and supporting the efforts of our stewardship groups.

Economic Sustainability involves planning for long-term economic stability for Port Moody through efficient human resource and facility management, through sound purchasing policies and full life cycle cost accounting while maintaining tax levels at affordable rates for all members of the community. This also involves creating positive business opportunities for local employment and supporting local business activities.

Social Sustainability involves people living and growing in their neighbourhoods, and fulfilling spiritual, creative and physical needs throughout their lives, while adapting to the desires of different age groups, ethnicity and beliefs in a single community. It says that this involves planning neighbourhoods to encourage and foster social interaction.

Cultural Sustainability involves recognizing history, traditions, social values and community culture in planning for the future here in Port Moody--the City of the Arts. It also involves supporting cultural groups and their activities, while developing a range of spiritual, material, intellectual and emotional features characterizing a society or social group.

Another goal in the City of Port Moody's sustainability plan for housing is to explore social housing and affordable housing initiatives, while increasing the number of social and affordable housing units in the city. It's great to see in times where luxury Port Moody condos get most of the limelight, that affordable housing is not forgotten about. You can read the full details of the City of Port Moody's Community Sustainability Plan here.