NORTH VANCOUVER, B.C. The City of North Vancouver council approved a 187-foot, 144-unit rental project in Central Lonsdale on Monday. With a vacancy rate of only 0.4%, rental housing is in desperate need in North Vancouver.
There was strong support for the project among residents of the neighbouring Bridgewater project on 14th Street, North Vancouver’s Chamber of Commerce, the Lower Lonsdale Business Association, and Phil Chapman, retired planner with the District of North Vancouver.
“I’m here tonight as a concerned parent with two millennials I can’t get rid of,” he said.
To underline the housing crisis, Chapman submitted two ads from a recent North Shore News: one which offered a $1,500 basement suite in Lynn Valley and another advertising a $3,100 two-bedroom in Lower Lonsdale.
“There is no choice for our millennials,” he said, extolling the project as: “exactly what they want.”
Read the full article by Jeremy Shepherd in the North Shore News here.