Urban Development Institute

Mike Drummond of @udibc explains how imposing PST on a wider range of goods and services will impact housing development in BC: “[On] a 20-storey, 300-unit rental building, this measure adds $275,000 in upfront construction costs, $20,000 in additional annual operating costs.”

Past record construction means a future supply gap, with a potential “air pocket” of no new units hitting the market around 2027–28. 4/4 #bchousing #bcpoli #realestatedevelopment

2) BC’s population has dipped over the last two quarters, but household spending remains strong, suggesting resilience despite demographic headwinds. 3/4 #bchousing #bcpoli #realestatedevelopment

BC’s development market may be facing headwinds, but the data shows a clearer path forward. @udibc welcomed Robert Hogue, Assistant Chief Economist at @RBC for a timely discussion on what lies ahead for BC’s housing &development market. 1/4 #bchousing #realestatedevelopment

@udibc's Economic Insights with @RBC's Robert Hogue starting now at @FairmontWF #bchousing #bcpoli #bcrealestate

A full house & an engaging look ahead for the #CapitalRegion. Thanks to @AndrewRamlo & Tony Zarsadias at @rennieintel for joining us at the Annual Rennie Market Update Luncheon to share insights on the economic, demographic & housing trends shaping our region.#bcpoli #bchousing

Grateful to receive support for Bill M216 from CEO & Founder of @Townline_Homes Rick Ilich. “By streamlining processes and enhancing local capacity, this proposed legislation helps us move closer to the shared goal of building more homes, faster.” #Nanaimo #Lantzville #BCpoli

Grateful to receive support for Bill M216 from Homes for Living YYJ. A community housing advocacy group. “To meet affordability goals, we must ensure that it is faster and easier to build dense infill housing rather than suburban sprawl.” #Nanaimo #BCPoli #Lantzville

We are honoured that Strand's VP of Finance, Jordan McGarry, has been named as a @udibc U40 Committee leader for 25/26. We're proud to see Jordan acknowledged for his skill and inspiring approach to supporting young people in the industry.

Congratulations to Beedie’s own Director of Industrial Development, Conner O’Leary, on being chosen as a member of the leadership team for @udibc’s U40 Committee. Proud to see him helping to lead positive change in urban development.

UDI Lower Mainland response to the Budget 2025. "Despite repeated warnings from our industry, there was no acknowledgement of the cost-of delivery crisis that has driven housing starts to their lowest levels in more than a decade." udi.org/knowledge/rese… @udibc

So pleased to have @udibc as a proud presenting sponsor of the upcoming Nov. 3 Webster Awards. Thank you for your support of journalism across this province. Be there and find out who the winners are, tickets eventbrite.ca/e/2025-webster…

Just announced: RBC's top housing economist, Robert Hogue is flying in for this exclusive UDI event. As the industry braces for a tougher 2026, economic clarity will be critical & so will the depth of your network. RSVP here: udibc.glueup.com/event/economic… #vancouverre #bchousing

Huge crowd here to see Premier Eby speak at a @udibc event in downtown Vancouver.

A year after the Provincial Election, the @udibc lunch focused on a discussion with Premier David Eby & real estate marketer Bob Rennie. Affordable housing was the basis of much of the discussion that included needs for infrastructure & economic resilience in a turbulent economy

A sold out room at the @HyattVancouver to hear Premier @Dave_Eby and Bob Rennie address the state of the development industry in BC #bcpoli #bcre #udibc

Rick Ilich of @Townline_Homes opens @udibc lunch with Dave Eby by absolutely shredding the NDP government, its record and Eby’s TFW comments. Incredible how he bravely spoke truth to power.

We had an incredible day on the greens at the UDI Fraser Valley Golf Tournament this week! It was a perfect mix of golf, networking, and fun with members of the Fraser Valley community on the renowned Ridge Course. Thank you to UDI for hosting a fantastic event. @udibc

There’s still time to sign your team up for the @udibc Fraser Valley Golf Tournament, but not much. Expect a great mix of networking and play on an Arnold Palmer Signature Design Championship Golf Course with tailgate, banquet dinner and prizes! udibc.glueup.com/event/udi-fras…