The xʷməθkʷəy̓ əm , Sḵwx̱wú7mesh , and səlilwətaɬ First Nations have a deal in place to buy out theThe buy-out plan was established several years ago, pertains to three properties the two companies acquired together a decade ago, and is scheduled to unfold in phases as the projects progress, according to financial statements of the parties involved.
"While we are pleased to gain full ownership over the 4195 Marine Drive Lands, we're very proud of the work we have done with Canada Lands and look forward to continuing our productive relationship," said Musqueam Indian Band Chief Wayne Sparrow in a The buildings planned for Heather Lands Parcel B and Parcel F of Heather Lands. / MST Development, Aquilini Development
"Ten years ago, Canada Lands Company embarked on a historic partnership with the MST Nations to redevelop properties in Vancouver, with the intention that the Nations would eventually fully own the properties," added the CLC in a separate statement to STOREYS. "It has been a privilege and an honour to work with our partners to create great communities that have MST culture at their core.
The completion of the units was announced by Mayor Olivia Chow who called 65 Dundas " just an address," but a "beacon of hope for those previously unhoused."The Metrotown Place office towers at 4330 Kingsway and 5945 Kathleen Avenue in Burnaby were owned by Slate Asset Management when it was placed under receivership.