Located in the City of Coquitlam within the historic Mallairdville neighbourhood, this 6-storey building is a partnership between Catalyst and Vancity – a values based financial cooperative. The project features:
- 99-year land lease via Vancity
- 168 rental homes
- Over 4,000 square feet of commercial space on the ground floor
- Anticipated completion: 2025
Status:
In Pre-Construction
Partners:
Catalyst Role:
Developer, Owner, and Operator
Affordability:
- 100% of homes at below market rents
Financial Information:
- Land contributed by Vancity
- Social equity investments by Catalyst and Vancity
Total Project Cost:
$56.5 M
Rental Applications Begin:
2025
Other Projects
Chorus
2358 153 St., Surrey, BC
Status: Completed in November, 2016
Catalyst ensured that Semiahmoo House Society’s mission has not strayed in our partnerships with funders and navigated us through the complexities of developing an innovative housing project.
Doug Tennant
Executive Director
Semiahmoo House Society
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Status: In Construction