Sunrise Village: A New Affordable Housing Development in Vancouver

Strategic Insights -

In a bid to address the city's housing shortage, especially for seniors and families, construction has begun on Sunrise Village, a new affordable rental development in Vancouver. Spanning two mid-rise apartment buildings, the project aims to provide 82 net-new affordable rental units, making it a significant addition to the city's housing stock. The development is a collaboration between the provincial and federal governments, as well as Brightside Community Homes Foundation.

Key Takeaways:

  • Sunrise Village will comprise two six-storey apartment buildings, replacing a demolished 64-unit low-rise building.
  • The project will unlock 82 net-new affordable rental units, with 36 units being fully accessible.
  • The development will offer a mix of deep-subsidy units for people experiencing homelessness, rent geared to income units, and affordable market units.
  • The project is expected to be completed in 2027 and will feature indoor and outdoor amenity spaces, as well as a stop for the No. 16 bus route.
  • Brightside Community Homes Foundation, a Vancouver-based non-profit housing operator, will own and manage Sunrise Village.
  • The project is part of the B.C. government's $19-billion housing investment, which has resulted in nearly 80,000 homes being delivered or underway since 2017.
  • The federal government is investing in projects like Sunrise Village to create much-needed affordable housing in Vancouver.
  • The development will be a zero-carbon building, offering affordable rents in a multi-generational community of families, seniors, and people with disabilities.
  • Vancouver Mayor Ken Sim stated that the project embodies the city's spirit of diversity and resilience, offering affordable and attainable housing options that cater to the needs of residents.

Statistics:

  • 146 new affordable rental homes will be available in Vancouver, specifically in the Hastings-Sunrise area.
  • 82 net-new affordable rental units are being created, with 36 units being fully accessible.
  • The development will offer a mix of unit types, including studios, one-, two-, and three-bedroom apartments.
  • The project is expected to be completed in 2027.
  • Brightside Community Homes Foundation has been active in Vancouver since 1951.
  • The B.C. government has invested $19 billion in housing, resulting in nearly 80,000 homes being delivered or underway since 2017.

Sources:

  • "Sunrise Village groundbreaking ceremony" (Contify.com)
  • "B.C. government invests in affordable housing" (Euclid Infotech Pvt. Ltd.)
  • "Vancouver Mayor Ken Sim's statement on Sunrise Village" (Euclid Infotech Pvt. Ltd.)
  • "Brightside Community Homes Foundation website" (Brightside Community Homes Foundation)