Why is Vancouver using city-owned land for market rentals?
February 12, 202510m 11sbonus
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Show Notes
Mayor Ken Sim announced a pilot project featuring two high-rise towers (54 and 40 storeys) at Pacific and Hornby, part of a broader plan to develop city-owned land for market rental housing.
The $600-million project is one of five identified sites, with units aimed at middle-income earners ($90,000–$120,000). Profits will go to the city’s revenue stream.
Guest: Armin Amrolia - Deputy City Manager for the City of Vancouver
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