Downtown Vancouver is the business, commercial, financial, government, entertainment and cultural centre of the city. It is the city’s most cosmopolitan neighbourhood, and represents the hub of the Metro Vancouver and Lower Mainland regions.
The region is bordered by Burrard Inlet to the north, Stanley Park and the West End to the west, False Creek to the south and Downtown Eastside to the east.
More than 40,000 people have moved into the downtown area in the last decade and its primary residential base currently numbers over 79,000. Downtown is home to more than 8,000 businesses, and employs almost 145,000 people. By the year 2021, it is estimated that 100,000 people will call Downtown Vancouver home.
Vancouver’s primary entertainment centres can be found here: The Queen Elizabeth Theatre, The Commodore Ballroom and The Orpheum. There are two major sporting facilities in the downtown core, Rogers Arena and BC Place Stadium.
It’s a younger, well-educated neighbourhood. Nearly 40% of the residents are between the ages of 20 and 34.
Over the past five years, the population has increased by 15.8%. This is well above the average for Metro Vancouver neighbourhoods. About 99% of Downtown’s residents live in apartment buildings and there has been ongoing development to accommodate the area’s growth. 69% of the residents are renters and the rest own their condo units.