Heather Place redevelopment will replace 86 social housing units, add 144 rental units
The Metro Vancouver Housing Corp. has confirmed that the Heather Place redevelopment in Vancouver, which will see the replacement of 86 units of social housing and the addition of 144 units of additional rental housing at 14th and Heather, will remain an asset of the corporation.
The May 17 decision should put to rest claims that the project would be sold to a developer for condominiums. In fact, all existing tenants will be able to remain on the site during the phased development, which should go to rezoning later this year.
The project will be built under the city’s Rental 100 program to foster the creation of new rental housing.