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A massive Vancouver multi-family real estate development project has defeated a legal challenge against it.

Massive Vancouver MF Project Clears Legal Hurdle

A massive Vancouver multi-family real estate development project has defeated a legal challenge against it.

A B.C. Supreme Court judge has ruled that the Squamish First Nation can proceed with its 6,000-unit Sen̓áḵw project in the Kitsilano area off downtown. The Kits Point Residents Association had sought to have the court quash a service agreement between the Squamish and City of Vancouver due to insufficient consultation.

Justice Carla Forth found that the residents group was impeded in its efforts to obtain information about the process and origins of the service agreement. But she ruled that the agreement and city council resolution to adopt it were valid, the Canadian Press reported Tuesday.

The federal government is providing $1.4 billion in loans for the development, which broke ground in September 2022.

The project represents the largest First Nations economic partnership and largest loan from the Canada Mortgage and Housing Corporation in Canadian history, according to a news release issued by Prime Minister Justin Trudeau’s office.

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
  • ◦Financing
  • ◦Policy/Gov't
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