New Vancouver rental homes announced by B.C. gov’t

Those looking for a place to live in Vancouver may soon have a few more options, as the B.C. government announced Wednesday nearly 260 rentals are in the works.

In a news release, the Ministry of Housing says a new 28-storey tower is being built at 2538 Birch St. and will feature a number of affordable units.

It will be the first tall rental building developed along the Broadway Corridor, the province adds.

B.C. Housing Minister Ravi Khalon makes an announcement in Vancouver on Wednesday June 7th, 2023. (B.C.Government Image)

“We’re taking action to help boost housing supply for people in Vancouver, and this new development adds much-needed stock at both market and affordable levels,” Minister of Housing Ravi Kahlon said.

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The building will contain a mix of units from studios up to three-bedroom apartments. There will also be underground parking spots, a dedicated dog-washing station, and a playground.

“These new homes will provide people with middle incomes, such as teachers, nurses and small business owners, with housing options to help them stay in their community,” George Heyman, the MLA for Vancouver-Fairview, said.

Vancouver Mayor Ken Sim adds the rentals are a “step in the right direction,” and will help bring more affordable housing to the city.

The province says construction is expected to be done by 2025.