Notably, BC Housing paid The Salvation Army $42M for the property, making it one of the larger multi-family sales to take place so far this year. realestate realestatenews BC vancouver
The deal for the Salvation Army Harbour Light property at 119 E Cordova was brokered by Colliers and closed in May, but the buyer was not made public previously.The Salvation Army Harbour Light facility in Vancouver's Downtown Eastside has been acquired by BC Housing, STOREYS has learned.by Dan Chatfield at Colliers, with a sale reported as completed in May, but the buyer was not disclosed at the time.
According to the listing, the building is a four-to-six-storey mixed-use development with 80,993 sq. ft of space and an HA-2 zoning. Asked about the intended plans for 119 E Cordova, BC Housing said "Plans for the future use of this site are still being determined and will be shared publicly once a proposal is in place."facility, which has been operational for 70 years, according to The Salvation Army, will be unaffected in the meantime, however.
The Salvation Army is in the process of moving the Harbour Light facility to a site directly across the street, atCity of Vancouver Announces Location Of Chinatown Office Opening In July
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Human Rights Commission NL provides resources to help individuals navigate housing crisisNewfoundland and Labradors Human Rights Commission says, they have heard concerns on housing from international students. They say they have resources that can help ensure their human rights aren&8217;t being violated, while trying to access safe and affordable housing.
Read more »
Local research dives into housing experiences of international students, newcomersNew local research is diving into the housing experiences of international students, and other newcomers in the capital city. As NTV&8217;s Beth Penney reports, key findings show that barriers are in place, leading to discrimination, and exploitation.
Read more »
Trudeau can't afford more unaffordable housingPierre Poilievre is offering quick fixes on housing. Sean Fraser has to show tangible, multiple and highly visible fixes before the next election. The future of this government could depend on it.
Read more »
The Liberals must fix the housing crisis, before it undermines support for immigrationThose who argue that Canada should increase its birth rate rather than rely on immigration to stabilize or grow the population are just wrong
Read more »
Canada's Immigration Strategy Could Widen Housing Supply Gap By Another 500K UnitsA new report from TD Economics warns that Canada's housing supply gap could widen by 500,000 units within the next two years if immigration continues at its current pace.Over the past year, Canada's population grew by 1.2M people -- more than double the pace seen in 2019 and the years preceding -- 6...
Read more »
Goudie: Crucial next steps for Lansdowne focus on modernization and housingIt would be irresponsible to let these city\u002Downed facilities deteriorate to nothing more than a lockbox of stored memories.
Read more »