Catalyst and Marcon are working together with the Vancouver Affordable Housing Agency to redevelop this site in Vancouver’s Mount Pleasant area. The development will have a restaurant, retail space, and 145 affordable rental homes (studios to 3 bedroom apartments) suitable for families and individuals. A portion of the homes will be designed to accommodate physical disabilities.
Construction begins February 2019
Marcon Developments Ltd., Vancouver Affordable Housing Agency (VAHA)
Developer, Owner, and Operator
- 100% of homes will be offered at below market rents.
- Long-term land lease from City of Vancouver
- Social equity to be raised
- Conventional financing
Total Project Cost:
Rental Applications Begin:
285 Nanaimo Street
Status: In construction
Catalyst not only brings their values to life in all of their interactions with others, but they also add tremendous value to organizations like us who want to respond to community needs and are newer to the provision of affordable housing.
Penticton & District Community Resources Society
2318 St Johns Street
Port Moody, BC
Status: Building Permit submission in early 2018
Catalyst is aptly named. Their work with our organization has been instrumental in helping us to unlock latent potential, address chronic gaps in service and look toward a future with greater opportunity for the people we serve.
Kinsight (formerly Simon Fraser Society for Community Living)
43 Hastings Street
New Westminster, BC
Status: in construction
Status: Completed in 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.
Semiahmoo House Society
5688 Ash St., Vancouver, BC
Status: In construction
When I met Catalyst I knew that I was with people who understood the vision I was presenting and that we shared many of the same goals. Proof of this is our work together as joint venture partners.
Chairperson, Housing Committee
Oakridge Lutheran Church
Madrona @ Dockside Green
370 & 384 Harbour Road, Victoria, BC
Status: Completed November 2017
Catalyst’s innovative non-profit developer model has made it possible to add 49 brand new affordable rental homes in Victoria. I want to say how proud I am, as Mayor of Victoria, of this project. This is perfection.
City of Victoria