Downtown Vancouver sees ‘exceptional growth’ in dining, entertainment since 2021: report
“Dining growth peaked in April as the first patio season without social-distancing restrictions brought more customers to downtown restaurants,” the report said.
New businesses are also on the rise as the report said there were 27 total store openings since November 2021, while only 13 stores closed.Vandalism in downtown Vancouver has become so common, a non-profit has stepped in to help For total retail sales growth, Statistics Canada reported a 5.8 per cent increase in total sales growth from October 2021 to July 2022.
Since November 2021, the association has developed a database collecting information from more than 1,000 storefronts in downtown Vancouver that was used in the report. The Downtown Vancouver Business Improvement Association is a non-profit organization that represents more than 7,000 businesses in the central 90-block area of the downtown core.
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