Catalyst was the successful recipient for two development projects in Burnaby as part of a City of Burnaby RFP process for four sites of affordable housing in May 2020. Located on Royal Oak Ave in the City of Burnaby, approximately 150 m from the Royal Oak Skytrain station, this 6-storey project features:
- 99-year land lease via the City of Burnaby
- 128 rental homes, including 51 (41%) family-sized homes (2 and 3 bedroom)
- 8,300 square feet of commercial space on the ground floor
- Anticipated completion: winter 2023
Status:
In Pre-Construction
Partners:
Catalyst Role:
Developer, Owner, and Operator
Affordability:
- 100% of homes at below market rents
Financial Information:
- City of Burnaby contributing land on long-term lease
- Social equity provided by Catalyst and Vancity
Total Project Cost:
$47.9M
Rental Applications Begin:
Fall 2023.
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
Peninsula Estates - Harmony
15135 20th Ave, Surrey, BC
Status: In Pre-Construction
7510 Kingsway Ave
7510-7536 Kingsway, 7390-7398 16th Avenue, and 7411 15th Avenue, Burnaby, BC
Status: In Pre-Construction
5590 Victoria Drive
5590 Victoria Drive, Vancouver, BC
Status: In Pre-Construction
1013 & 1025 Brunette Ave
1013 & 1025 Brunette Ave, Coquitlam, BC
Status: In Pre-Construction
DL 114
District Lot 114, District of Tofino, BC
Status: In Pre-Construction
The Springs
2318 St. Johns Street, Port Moody
Status: Under Construction
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.
Christine Scott
Executive Director
Kinsight (formerly Simon Fraser Society for Community Living)