A mixed-use redevelopment with multiple housing tenures has reached completion on Kingsway near Boundary Road in Vancouver.
The Link at 3583 Kingsway is a six-storey building with 148 homes, including 44 subsidized, affordable rental homes for low-income residents 55 years and older, and 104 secured market rental homes. The project combines social housing and market rental housing under the city’s Rental 100 Secured Market Rental Housing Program.
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The ground level has over 8,000 sqft of retail and restaurant space, effectively activating the building’s frontage with Kingsway — adding to the retail strip, providing it with some continuity as retail frontage did not exist in the previous building. All seven of the commercial units have already been sold.
This is the most significant mixed-use redevelopment on Kingsway within the Renfrew-Collingwood neighbourhood in years, and it will help revitalize the immediate area, which is mainly occupied by older low-storey structures.
Odd Fellows Low Rental Housing Society partnered with local developer Hungerford Properties, which replaced the aging seniors’ housing facility at no cost to the non-profit housing operator.
In exchange, the developer will retain the market rental homes through a strata arrangement.
“Housing affordability is a big problem in Vancouver, and this project represents the wave of the future by showcasing what can happen when we work together to create affordable housing for those in need,” said Alex Fane, president of Odd Fellows Low Rental Housing Society, in a statement.
“We are looking forward to seeing the building come alive with residents and families after several years of hard work.”
The market rental homes have reached their move-in stage, while the senior homes will be ready next month.
The redevelopment, designed by GBL Architects, was targeting a LEED Gold green building standard.