Staff Writer & Western Lead

Construction

CMHC Introduces 'Frequent Builder Framework' To Fast-Track Loan Applications

​The frequent builder framework will allow applications for CMHC's Affordable Housing Fund and Apartment Construction Loan Program to be expedited.

Policy

Bosa Properties Says Burnaby Policies Make Purpose-Built Rental Projects "Unbuildable"

​Bosa Properties recently sent a letter to Burnaby City Council outlining its thoughts, after it backed out from acquiring a site in the Royal Oak neighbourhood.

Condos

Metro Vancouver Sees Largest Quarterly Presale Inventory Release In Two Years

Despite the surge in inventory, sales velocity in the presales market has been slow and it could be more of the same to close out 2024, says MLA Canada.

Policy

How The City Of Calgary's New $60M Housing Capital Initiative Will Work

The Housing Capital Initiative is one of 98 actions the City of Calgary outlined in its Home Is Here housing strategy.

Policy

City of Vancouver Unveils First-Ever Seniors Housing Strategy, Rezoning Policy

The City says over 194,000 people in Vancouver are 55 years or older and that this number is expected to increase significantly over the next 20 years.

Development Projects

Kelowna Approves 7-Tower, 1700-Unit Draft Redevelopment Plan

​The project is planned for 1574 and 1634 Harvey Avenue, by Burtch Road, and Kelowna City Council recently approved the draft redevelopment plan.

Industry

Quarry Rock's The Willoughby In Langley Sold For $35M Through Receivership

The 20335A 70A Avenue property in Langley, where Quarry Rock Developments was planning an 87-unit townhouse project, was placed under receivership in November.

Policy

Feds Push For Transit-Oriented Development With $30B Canada Public Transit Fund

​The Canada Public Transit Fund will require transit-oriented development in exchange for funding, and the federal government says its the largest public transit investment in Canadian history,

Industry

AimForce Development Hit By 3 Foreclosures, Including 67-Storey Surrey Project

​The 67-storey tower was planned for 10227 King George Boulevard, which has become the subject of a new foreclosure, along with two other properties owned by AimForce Development Group.

Office

Lark Group To Convert 10 Floors Of 23-Storey Surrey Office Tower Into Hotel

The 23-storey City Centre 4 office tower at 9686 137 Street near King George Boulevard is currently under construction.