Skip to main content Skip to footer

Looking to Provide Affordable Housing Choices in an Increasingly Unaffordable Housing Market

Case Study Brightside  Article Hero  1536x1040

OUR ROLE
With the subject site in a community anchored by the region’s most significant rapid transit interchange, Brightside Community Homes Foundation is looking to provide a mix of community oriented affordable housing choices in an increasingly unaffordable housing market. As a result, Brightside engaged Colliers International Consulting (CIC) to provide development management services and act as Owner’s Representative in the execution of this redevelopment project. To date, CIC has conducted a development feasibility on the site to ensure the development’s alignment with current and potential zoning as well as market considerations. Additionally, CIC has assembled a team of design consultants and as a team, have submitted a Letter of Enquiry with the City of Vancouver for the redevelopment. CIC will continue to work towards the final design of the project and the pre-development funding application process.   

SERVICES
To date, Colliers has provided / will provide the following services:

  • Conducted a development feasibility to identify plausible development scenarios for the subject sites
  • Manage the pre-application development planning process
  • Seek additional sources of equity and grants from other investment partners or agencies in order to improve affordability of the project
  • Assemble and manage a team of subconsultants
  • Coordinate technical reports and permitting to obtain planning approvals
  • Coordinate community engagement and tenant relocation
  • Oversee all construction related activities to project completion
  • Monitor the project budget and timeline to ensure project is on track