The Link

Odd Fellows Low Rental Housing Society
3595 Kingsway Street, Vancouver
new construction; redevelopment

Terra Special Projects and Odd Fellows Low Rental Housing Society signed a Development Agreement for the re-development of the site, replacing the original building on the site that had reached the end of its usable life and was in severe need of replacement.

Working with a private developer, "The Link", a new 116,000 square foot, 6-storey building was constructed on the property.  The ground floor on Kingsway features retail space and the rest of the building is a residential split between Odd Fellows units and rental housing units.  Each section of the building has been registered at Land Titles in an air space parcel.

Terra assisted Odd Fellows to leverage its real estate asset enabling the Society to replace its aging seniors housing building at no cost while continuing to provide affordable homes for seniors in a community with which they were comfortable and familiar.  The new building provides 44 new, modern units - 9 one-bedroom and 35 bachelor suites for low income residents aged 55+.  The development also provides needed market rental housing in the other (104) units.

Rezoning for the project received unanimous support from Vancouver City Council at a public hearing in October 2016.  Mayor Gregor Robertson expressed "thanks to Oddfellows and the team who put this together and the neighbourhood for being accommodating" and called the project "an opportunity for us to get more much needed affordable housing which is a big gain - so important for the City".

Read more about the project and partnership here.