Squamish Nation approves 6,000-home Senakw development in Vancouver

Urban development history spearheaded by local First Nations was made in Vancouver on Tuesday, as members of the Squamish First Nation overwhelmingly approved the construction of Senakw on their reserve in the Kitsilano neighbourhood.

• See also:
  • Squamish Nation planning 6,000 new homes next to Burrard Bridge (RENDERINGS)
  • Senakw development in Kitsilano to generate up to $10 billion for Squamish First Nation
  • Squamish Nation’s Kitsilano housing proposal sees “overwhelmingly positive” response

The staggering, unprecedented development on the 11.7-acre reserve located at the south end of the Burrard Street Bridge will create approximately 6,000 homes within 11 towers up to 56 storeys in height.

Between 70% and 90% of the units will be designated as market rental units, while the remainder will be leasehold strata condominiums.

As well, between 150 and 200 of the homes will be made available to First Nation members at a below-market rate. Some commercial space will also be built into the development.

This is being billed as the single largest development on First Nation lands in Canada.