Our Vancouver office advised Townline Ventures Ltd. in relation to a joint venture with Musqueam Indian Band for the development of phase 2 of “leləm̓,” which means “home” in Musqueam’s Halkomelem language. leləm̓ is a 21.4 acre master-planned community in the University Endowment Lands adjacent to the University of British Columbia. The land was returned to the Musqueam First Nation by the provincial government as part of a reconciliation package, and the development is the first of its kind in the histories of the City of Vancouver and endowment lands, to have a First Nation behind a major development of its own land.

Phase 2 of the development involves 92 strata lots located within one 4-storey residential tower and approximately 56 strata lots located within five 3-storey residential townhome buildings located to the west of the high-rise tower. Financing for phase 2 is provided by HSBC Bank Canada.

When complete, the comprehensive community will house 2,500 residents within four 18-storey high-rises, several rows of townhouses and mid-rise apartment buildings, and will include rental housing, a community centre, day care, neighbourhood retail, park and wetland area.  

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