Catalyst is working with UNITI – a partnership between Semiahmoo House Society, the Semiahmoo Foundation and Peninsula Estates Housing Society – as a development manager, to undertake a portfolio review and business plan for a comprehensive master plan of its existing affordable housing community located in Surrey, BC. Phase 1 (of 5) of the project features:
- Construction of a 6-storey residential apartment building
- 88 affordable rental homes
- Relocation plan for all existing tenants, including the right of first refusal to return to the completed project at existing rents
- Relocation of the existing Semiahmoo Trail to the eastern perimeter of the site
- Anticipated completion: summer 2023
Status:
Under Construction
Client:
Peninsula Estates Housing Society
Catalyst Role:
Developer, Owner, and Operator
Affordability:
- 100% of homes at below market rents
Financial Information:
- Land contributed by PEHS
- Social equity investment by PEHS
- CMHC Seed Grant
- BC Housing Pre-Development Funding (PDF)
- CMHC RCFI construction financing
Total Project Cost:
$30.3M
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
Madrona @ Dockside Green
370 & 384 Harbour Road, Victoria, BC
Status: In Occupancy as of January, 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.
Lisa Helps
Mayor
City of Victoria
43 Hastings Street
43 Hastings Street, New Westminster, BC
Status: Completed in January, 2019
The Rise on Nanaimo
285 Nanaimo St. Penticton BC
Status: In Occupancy as of October 2019
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.
Tanya Behardien
Executive Director
One Sky Housing Society
Hannelore
5688 Ash St., Vancouver, BC
Status: In Occupancy as of December 1, 2019
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.
Hannelore Gerlach
Chairperson, Housing Committee
Oakridge Lutheran Church
Rivermark
6968 Pearson Way, Richmond, BC
Status: In Occupancy as of June 2020
Catalyst have been great partners in delivering a project that exemplifies integrated mixed housing types. They offer a broad skillset for the development of affordable housing and have been a pleasure to work with at RPPII/III and Rivermark in Richmond.
Robert Toth
Robert Toth Architect AIBC | Director of Developmentm Intracorp
Intracorp
Emmaus Place
20067 72nd Ave, Langley, BC
Status: Post 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)
DL 114
District Lot 114, District of Tofino, BC
Status: Under Construction
5590 Victoria Drive
5590 Victoria Drive, Vancouver, BC
Status: Under Construction
6857-6875 Royal Oak Ave
6857-6875 Royal Oak Ave, Burnaby
Status: Under Construction
7510 Kingsway Ave
7510-7536 Kingsway, 7390-7398 16th Avenue, and 7411 15th Avenue, Burnaby, BC
Status: Under Construction
1013 & 1025 Brunette Ave
1013 & 1025 Brunette Ave, Coquitlam, BC
Status: Under Construction
3625 Sawmill Crescent
3625 Sawmill Crescent, Vancouver BC
Status: Under Construction