Squamish Nation-led housing project in Vancouver to double in size
VANCOUVER — One of the largest Indigenous-led urban development projects in Canada that proponents hope will rise in the heart of Vancouver is set to double in size with 6,000 units planned.
Khelsilem, a Squamish Nation councillor, said the proximity of the project to downtown Vancouver is among the reasons for the larger-scale development.
“We have a fiduciary responsibility to achieve the highest and best use when we do projects,” said Khelsilem, who goes by a single name.
“We have to bring back the best value for our members because otherwise they’re being robbed from the potential value that can be created on the land. So we pushed the density to what we think makes sense both from a land-use perspective and we also think that providing a significant amount of rental space will be a positive opportunity.”