Investigative reporter Bob Mackin has scooped a story that has huge implications. Below are excerpts. Please visit the Vancouver Courier for the whole story. You can also listen to the audio recording there (just under 13 minutes). Note especially the types of buildings proposed (all the way up to highrises along 4th Avenue), and that the parties involved have already talked with Mayor Gregor Robertson and city hall bureaucrats about plans.
Leaked audio says towers part of First Nations’ Jericho Lands vision (by Bob Mackin, Vancouver Courier, 27-April-2016)
In a recording that was leaked to the Courier, Squamish Nation Chief Ian Campbell told a March 23 band meeting in North Vancouver that the partnership with the Musqueam Indian Band and Tsleil-Waututh Nation wants to get the Jericho Lands rezoned for townhouses and towers.
Two weeks before the provincial government announced it sold its part of the Jericho Lands, Squamish Nation Chief Ian Campbell told a band meeting in North Vancouver that the partnership with the Musqueam Indian Band and Tsleil-Waututh Nation wants to get 38.8 acres rezoned for townhouses and towers.
The land was valued at $480 million, but the three nations are paying nothing to acquire it. Campbell said the B.C. Liberal government agreed to give them a $96-million accommodation payment and a seven-year loan at two per cent interest. In 2014, the trio combined with Canada Lands Company to acquire the $237-million, 52-acre federal portion of the Jericho Lands.
Campbell explained that achieving higher density would increase the land value and make it easier to gain financing to payoff the provincial loan. He mentioned the potential to build single-detached houses on the top of the property, townhouses down the slope and midrises and highrises along West Fourth Avenue. He told attendees to expect opposition.
… Campbell said the trio has talked with Mayor Gregor Robertson and city hall bureaucrats. “They’re saying yes, there’s a relationship with the city, a city of reconciliation,” but the rezoning process could take two or three years and there are no guarantees.
… There is no development partner yet, but Campbell revealed that David Negrin, president of Aquilini Construction and Development, was an advisor.