Downtown Eastside Plan delivers first project with 60% social housing requirement
January 25 2016
Illustration by Endall Elliot Associates
Today, the City's Development Permit Board approved a new housing development in the Downtown Eastside that will feature 172 residential units. The project is comprised of:
- 60% social housing (104 units, including 35 mandatory shelter-rate units)
- 40% secured market rental housing (68 units)
"It's great to see this project move forward, bringing new affordable housing into the heart of the Downtown Eastside," said Mayor Gregor Robertson. "The 60/40 zoning was a key policy that Council implemented to reduce land speculation in the Downtown Eastside, and to ensure that new housing projects strike a balance."
View of the property by Google
The new mixed-use building at 288 East Hastings Street (on the intersection of Gore Avenue) is the first project approved to meet the 60/40 housing requirement under the new Downtown Eastside Plan and Downtown Eastside Oppenheimer District (DEOD) zoning (680 KB).
The 12-storey building meets the height and density as set out in the Downtown Eastside Plan. It will bring 104 units of below-market housing to the area, with 35 of the units renting at income assistance rates of $375 per month.
The DTES Plan was approved by Council in March 2014 and includes updates to the DEOD zoning and prioritizes the area for social and rental housing. Using innovative development models such as allowances for bonus density and micro-suites, the updated zoning encourages mixed-income rental buildings – provided the units are 60% social housing and 40% market rental.