VANCOUVER (NEWS 1130) – Vancouver City Council has cleared the way for a 10-storey mixed-use building on West Hastings Street, with an eye on increasing rental units on the Downtown Eastside.
Council approved a rezoning application at their meeting last week for the site that is currently an empty parking lot.
The building would include 132 units of market rental housing, space for bike and car parking, and commercial space on the ground floor.
Vision Vancouver’s Kerry Jang says the council is trying to bring a mix of housing options in the area.
“Further down on 58 West Hastings street, that big empty lot will be slated for all social housing, for example, for lower-income people. So we’re trying to build not only variations within a building but a range of price points across the entire area,” says Jang.
“We know that, we’re getting a lot of requests as that area grows for people who actually work in the area that would like a place to live near work.”
Jang says the rental units include a majority of studios, with some one and two bedrooms as well.
He says while there are a few things to complete, the project essentially has the green light.