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1,062 new homes approved in Squamish waterfront development

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Construction of the first phase of SEAandSKY South is anticipated to begin in the fall of 2025.
staff report
September 11, 2024 10:52am

On Tuesday evening, the District of Squamish granted third reading to Kingswood Properties and Bosa Properties for development on the south side of the SEAandSKY subdivision.

Following a public hearing, the approval paves the way for changes to the southern half of the land, adding 1,062 new homes, including 301 market rentals and 25 below-market rental units, and several community amenities.

In a press release, the company said the SEAandSKY South masterplan will help address town’s low rental vacancy rate and provide diverse housing options.

Adding more housing options will expand the accessibility of living and working in the city, with a future pedestrian bridge underway in the North half that will bring residents steps from downtown Squamish, the company said.

“Our partnership with Bosa Properties to bring the South half to realization marks a significant milestone for the SEAandSKY masterplan,” says Kingswood Properties President Lorne R. Segal O.B.C.,D.Litt.(Hon.), LLD.(Hon.). “Our shared vision for the community responds to Squamish’s rapid growth, with a clear focus on meeting the housing and amenity needs of current and future residents, while contributing to the district’s broader goal of creating sustainable, walkable neighbourhoods.”

The company said the key features of the development include:

  • Diverse Housing Options: The project aims to address Squamish’s low rental vacancy rate with a mix of housing types, including family-friendly homes, with 20% of the units designed as three-bedroom residences to accommodate growing families.
  • Enhanced Public Amenities: The plan incorporates the creation of South Waterfront Park, a naturalized shoreline, and a habitat zone with riparian plantings, enhancing the area’s ecological and recreational value.
  • Commercial and Community Spaces: A marine industrial-themed village plaza will provide new retail and commercial spaces, contributing to the livability and walkability of the community.

Construction of the first phase of SEAandSKY South is anticipated to begin in the fall of 2025.

“The transformation of this former lumber mill site into an amenity-rich, sustainable community aligns with the priorities of the District and contributes to the future growth of Squamish,” the company added.

 

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Reader Interactions

Comments

  1. Daisy Heisler says

    September 11, 2024 at 11:10 am

    Articles like this could include a map as to where they are, even if it is a rudimentary map.

  2. Jessica Bryce says

    September 12, 2024 at 9:14 am

    With respect to the reporter, this article does not adequately communicate the contention at the hearing two nights ago. Dozens of people spoke out about the transportation challenges from the neighbourhood, particularly around parking. Council absolutely zero to address any of these concerns. Unfortunately concerns will continue to amplify the more people that move into the community.

  3. Drew says

    September 13, 2024 at 10:09 am

    And how will we all get out of downtown with a single road going in and out. Puzzling….

  4. Drew De Panicis says

    September 13, 2024 at 10:12 am

    And still only one road out of downtown

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