Vancouver Rundown Friday November 15, 2024

Canada Lands Company, a federal crown corporation, will sell its stake in a high-profile Vancouver housing project to an Indigenous led developer. Daily Hive reports CLC will sell-off its share of the Heather Lands, just west of Queen Elizabeth Park, to co-owner MST Development - owned by the Musqueam, Squamish and Tsleil-Waututh First Nations. Close to 2,600 homes will be built in several phases on the 21-acre former RCMP headquarters land. The project will include a mix of leasehold strata units, social housing and so-called market housing.