Troubling trend as more of Vancouver’s retail spaces sit empty

“Just like there’s been an affordability crisis in residential housing, we’re seeing a similar issue in commercial real estate, and I think it’s something that’s maybe overlooked.

Across all these districts, an average of 11 per cent of commercial-retail units or storefronts were counted as empty, based on visual inspection, business license data and online research, according to a 2021 inventory conducted by the city.

Strathcona covers a large area, representing more than 435 business owners, said Business Improvement Association executive-director Vincent Kwan.

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