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Council approves second amendments to Section 30 pre-annexation agreements to pursue an alternative development path
Summary
Vancouver City Council on Aug. 4 approved second amendments to pre-annexation development agreements for Greyrock and Pit LLC in Section 30, extending vesting and asking owners to waive some previously vested land uses in exchange for a five-year extension and code-aligned standards.
Vancouver City Council on Aug. 4 approved second amendments to pre-annexation development agreements (PETAs) for two properties in Section 30 — Greyrock properties and Pit LLC — to extend vesting and shift the sites onto an alternative path aligned with recent code updates.
Chad Eichen, Community Development Director, said Section 30 is a roughly 1-square-mile area in the city’s northeast with several pre-annexation agreements that had vested…
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