Over 150 new low- and moderate-income homes coming to Vancouver

“Gateway” to Vancouver will build healthful, lively and inclusive neighbourhood

Vancouver is going through a intense lack of housing that is affordable to low- and reasonable-cash flow renters.

Gil Kelley, Standard supervisor of Scheduling, City Layout, and Sustainability

October 1 2020 –

A recently permitted job at 601 Seashore Crescent will supply 152 new homes for lower- and average-profits residents in addition a income contribution of $12.1 million for further social housing in the spot, helping to make a extra equitable metropolis for folks with a range of money levels. 

“Vancouver is experiencing a critical shortage of housing that is affordable to low- and reasonable-profits renters, reported Gil Kelley, Basic supervisor of Scheduling, Urban Style, and Sustainability. “Engaging the non-public sector is one strategy to maximize the supply of inexpensive housing without having the use of restricted senior govt funding.”  

Sustainable and architecturally artistic making

This task furthers our social housing goals established out in the Vancouver Housing Technique, whilst at the identical time completes the iconic gateway into Vancouver alongside Vancouver Home by producing a important contribution to the magnificence and visible electrical power of the city’s skyline.

The 55-storey creating will be situated at the north stop of the Granville Street Bridge among the bridge offramp and Seymour Street, south of Pacific Avenue. This web page, which has been vacant considering the fact that Expo 86, experienced already been specified by us as a suitable site for a taller, landmark tower to create a visible gateway into the city centre from the bridge.

Town staff members worked with the task crew in responding to comments from the City Style Panel and the public, resulting in an architecturally artistic setting up with floor level business house that will create a lively public realm for residents of all revenue concentrations to reside do the job and participate in. This job also gives considerable management in sustainability with a passive style that will reduce carbon emissions 50% more than what’s essential in the our Eco-friendly Developing Coverage. 

Comprised of condominiums and social housing units

The new creating will comprise of a overall of 455 properties, including 303 condominiums in addition to the 152 social housing models, providing inclusive housing near to work and assisting to retain range of incomes in the town, a key component in building healthier neighbourhoods. 

Upon completion of the constructing, the social housing models will be turned more than to us. A non-gain business will be picked to operate the social housing.

Construction of the challenge is envisioned deliver roughly 1,600 off-internet site and on-website careers, supporting our aim of stimulating Vancouver’s financial system even though conference urgent housing needs.

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