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City of Vancouver·British Columbia

Non Profit Housing Providers for Development and Operation of Social Housing at 159 East Hastings St

Closes 11/25/2025$50M – $100MRequest for Proposal
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Description

The City of Vancouver is seeking experienced non-profit organizations to design, build, operate, and maintain a new mixed-use social housing project at 159 East Hastings Street. The project will include approximately 139 units of social housing and a community use on the ground floor. The selected proponent will be responsible for completing the design and construction of the project, and will enter into a Development Management Agreement and a Ground Lease with the City. The project is expected to meet the City's affordability requirements, including 20% Deep Subsidy Income Units, 50% Rent Geared to Income Units, and 30% Low to Moderate Income Market Rent. • The project will be located on a 1,135 square meter site in the Downtown Eastside of Vancouver. • The project will include a shared amenity space on the ground floor, which will be operated by the selected proponent. • The project will meet the City's requirements for accessibility and adaptability. • The project will include up to 25% family units. • The selected proponent will be required to enter into agreements with BC Housing, including an Operating Agreement and a Ground Lease.

Attached files

Contact

Jim Lowood(Contact)

[email protected]

(604) 873-7257

Key dates

Opened
10/9/2025
Questions due
10/31/2025
Pre-bid meeting
10/16/2025
Closes
11/25/2025
Projected award
12/9/2025
Duration
60 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
623110
Solicitation №
PS20251452-OCM-RFP

Budget estimate

$50,000,000 – $100,000,000

The budget for this project is estimated to be in the range of $50 million to $100 million, based on the cost of land acquisition, construction, and operation of the social housing project. The project's budget will be influenced by factors such as the cost of materials, labor, and financing, as well as the City's affordability requirements and the selected proponent's financial strategy.

AI estimate from the solicitation

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