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>> Aamer: GOOD MORNING.
IT'S 6:15.
YOU'RE WATCHING "CTV MORNING
LIVE".
VANCOUVER IS ONE OF THE WORLD'S
MOST EXPENSIVE CITIES WHEN IT
COMES TO HOUSING AND THAT MEANS
THE SUBURBS ARE EXPANDING
QUICKLY.
FAMILIES ARE LOOKING FOR MORE
AFFORDABLE PLACES TO LIVE AND
THE LATEST OPTION, A DRAMATIC
NEW WATERFRONT REDEVELOPMENT IN
NEW WEST.
CTV'S PETER GRAINGER REPORTS.
>> Reporter: NEW WESTMINSTER
MAYOR WAINWRIGHT IS TOURING THE
GLASS HOUSE LOFTS.
A R.A. GON PROPERTIES LATEST
DEVELOPMENT IN THE ROYAL CITY'S
QUEENSBOROUGH NEIGHBORHOOD.
JUST THINK OF IT AS FALSE CREEK
EAST, BUT CHEAPER.
>> IN TERMS OF THE AFFORDABILITY
OF NEW WESTMINSTER AS IT
COMPARES TO THE CITY OF
VANCOUVER, BURNABY AND RICHMOND,
IT IS MORE AFFORDABLE.
>> Reporter: WRIGHT SEES
REDEVELOPMENT AS THE WAY FOR THE
ROYAL CITY TO LOSE THE TARNISH
IT ACQUIRED AFTER YEARS OF NO
GROWTH AND NEGLECT.
>> YOU'VE ALWAYS BEEN
DEVELOPMENT-FRIENDLY, RIGHT?
>> ABSOLUTELY.
I THINK WHAT HAPPENS IS YOU
CREATE JOBS, BUT YOU ALSO PUT
THE COMMUNITY FIRST AND THAT'S
WHAT WE'VE BEEN DOING.
>> Reporter: THE GLASS LOFTS
HAVE ALL THE BELLS AN WHISTLES
YOU WOULD EXPECT FROM A CHIC
CONDO.
SOON A R.A. GO'S 50-ACRE PORT
ROYAL PROJECT COULD BE JOINED TO
THE REST OF NEW WEST BY A
PERFORMED CAUSEWAY.
>> AM I GOING TO HAVE TO MOVE
BACK TO NEW WEST?
>> IF I WAS YOU, I LOOB LOOKING
AT IT RIGHT NOW BECAUSE IT'S A
HECK OF A DEAL AND YOU KNOW WHAT
THEY'VE BEEN TALKING ABOUT INTO
HERE WHAT THE VALUES ARE.
YOU GOING SOMEPLACE ELSEWHERE
THIS SIZE, THIS TYPE OF LOOK AND
YOU WON'T FIND ANYTHING IN THIS
PRICE RAGE, THAT YOU WON'T DO T.
>> Reporter: LOTS OF
QUEENSBOROUGH'S LAST REMAINING
SPACE IS BEING TAKEN OVER TO BE
REPLACED BY MORE HOUSING
DEVELOPMENTS.
EVEN HERE ON COLUMBIA, THE ROYAL
CITY'S MAIN STREET, THERE ARE
SIGNS OF ROBUST REVITALIZATION.
NEW WESTMINSTER'S POPULATION HAS
GROWN 17% IN THE LAST DECADE.
WITH THAT GROWTH HAS COME
AMENITIES.
BY NEXT YEAR, MANY OF THE ROYAL
CITY'S 70,000 CITIZENS WILL BE
ABLE TO ENJOY THE ANVIL, A NEW
COMMUNITY CENTRE COMPLETE WITH A
MUCH NEEDED CIVIC THEATRE.
YOU CAN EXPECT A BIT MORE
MAJESTY IN THE ROYAL CITY.