Dan Fumano: Council eyes 'non-compliant' housing proposals
This week’s council agenda includes a pair of reports regarding two proposed downtown developments from major firms: a two-tower proposal from Intracorp with condos, rental homes and child care on the 800-block of Thurlow on the edge of the West End, and a pitch from Reliance Properties for a 47-storey rental tower on the 600-block of Thurlow, in the central business district.
Reliance Properties seeks to replace a two-storey parkade on Thurlow Street with a 47-storey tower with commercial space, offices, and 484 rental homes, 104 of which the developer describes as “workforce housing” with below-market rents set to be affordable for households earning between $39,200 and $78,500 a year.
Reliance CEO Jon Stovell said he has been trying to advance the project for about two years now, and he is glad it will at least see a public airing this week when council considers it. A lot of proposed developments, he said, tend to “get killed off quietly at the inquiry stage by staff.” “The proposal significantly contravenes council-approved policy and disregards the public trust and policy framework established by council,” the staff report says, adding that Reliance’s proposal “has not demonstrated sufficient justification to deviate from existing policies.”
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