Musqueam, Squamish and Tsleil-Waututh (MST) Nations, in partnership with the BC Transportation Financing Authority and ICBC, have entered into an agreement to co-develop the site of ICBC’s North Vancouver headquarters, transforming it into new homes for people, close to services, amenities, transit and the SeaBus. Other stakeholders, such as TransLink and the City of North Vancouver, will also collaborate on this project.
The new transit-oriented development next to Lonsdale Quay Market at 151 Esplanade W. will become a thriving community, host to both market and below-market homes, amenities and services like childcare centres. The Province and MST Nations are still in the early planning process, but it’s estimated that this project will create several hundred homes.
“I want to thank the Premier and his team for ensuring the MST Nations are respected and included as decision makers on this project,” said Tsleil-Waututh Nation Chief Jen Thomas. “I have no doubt that we will build something beautiful on this property. In fact, when we work together in partnership to solve common problems for all the people we represent, it is already a beautiful result.”
Learn more in the Province’s press release