A $1.1 million fee that the owner of a vacant single-room-occupancy building on the downtown Granville strip must pay to transform his property into a commercial hotel was the subject of much debate at Vancouver city hall this month.
Four councillors at an April 15 council meeting questioned why the fee was so low when the single-room-accommodation (SRA) bylaw states that a building owner can be subject to a payment of $300,000 per room to proceed with the conversion.
In the case of the former Clifton Hotel at 1125 Granville St., which once operated 74 low-income rooms until the city ordered it closed in 2015, the bylaw suggests the
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