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Port Moody rejected a luxury seniors housing project due to affordability and neighborhood concerns.
Port Moody has blocked a proposed 12-storey luxury seniors housing project near Kyle Park, with city council voting 4-1 against advancing it to a public hearing.
Concerns focused on its high cost, lack of affordable units, and impact on the neighborhood, as the project failed to meet council’s affordability requirements despite changes like shifting to rental units.
Officials said it primarily serves wealthier seniors, neglecting low-income and vulnerable populations, and could fuel speculation.
The developer must now revise the plan to proceed.
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Port Moody rechazó un proyecto de vivienda de lujo para personas mayores debido a la asequibilidad y las preocupaciones del vecindario.