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As Vancouver continues to push for more hotels, developers are answering the call. The City continues to receive a steady stream of rezoning applications for new hotels, the latest of which was published this week.

The subject site of the proposal is 888 W 8th Avenue, about midway between Laurel Street and Willow Street, and two blocks north of Vancouver General Hospital. The property is currently occupied by a low-rise office building originally constructed in 1973.

In one of its latest affordable housing ventures, CreateTO has filed plans for a 41- and six-storey rental development that would transform a City-owned parking lot in Toronto's Fairbank neighbourhood, at 9 Shortt Street. The project would deliver at-grade commercial space and 458 rental units, including around 140 affordable homes, within walking distance of an Eglinton Crosstown LRT station.

Under CreateTO — City of Toronto's dedicated housing agency — the City aims to deliver over 19,500 rental units and 6,445 affordable units across 39 City-owned sites, with the goal being to increase housing options and affordability amid the housing crisis.

The Toronto-based duo of Dream Unlimited (TSX: DRM) and CentreCourt Developments are renewing their long-running relationship, forming a new joint venture to embark on a project that is expected to begin construction as early as this year.

The project is set for 49 Ontario Street, which is currently occupied by a seven-storey office building between Adelaide Street East and Berkeley Street. An application for the site was submitted in 2021 by Dream Impact Trust (TSX: MPCT.UN) through MPCT 49 Ontario Street Toronto Inc. before a new application was submitted earlier this year after adjacent properties along Berkeley Street were acquired and folded in to the project.