EPISODE · Feb 12, 2025 · 10 MIN
Why is Vancouver using city-owned land for market rentals?
from Mornings with Simi · host Curiouscast
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 Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
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 Learn more about your ad choices. Visit megaphone.fm/adchoices
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Why is Vancouver using city-owned land for market rentals?
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