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 <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

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

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 <a href="https://megaphone.fm/adchoices" rel="noopener noreferrer">megaphone.fm/adchoices</a>

Why is Vancouver using city-owned land for market rentals?

Mornings with Simi (Monday – Friday: 5.30 – 9am) helps you wake-up, reconnect, and get your day off on the right foot. Simi Sara dives into on the headlines of the day with veteran Global News anchors and reporters. They help you navigate through the details of the stories, highlight essential information and share new perspectives on how the daily news affects you. Simi loves the Lower Mainland. She’s lived here her whole life and truly understands the history and challenges our communities have faced over the years. Spend your Mornings with Simi and spend the rest of your day talking about what you heard on the show.

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Why is Vancouver using city-owned land for market rentals?

Why is Vancouver using city-owned land for market rentals?

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