Hungerford Properties Announces Sale of An Innovative Mixed-Use Development in Vancouver

Posted on November 08, 2021

The Link09

Hungerford Properties is pleased to announce the sale of The Link, an innovative mixed-use, LEED Gold certified development which combines social and market rental housing with ground-floor retail space. Located at 3583 Kingsway, Vancouver, the development features 104 new rental homes, 44 subsidized, affordable rentals for residents 55+ and 7 ground floor retail units. All retail units have been sold and rental homes were at 95%+ occupancy at the time of sale.

Hungerford is one of the first developers to combine social housing and market rentals in this unique partnership under the City of Vancouver’s Secured Rental Policy. “This project fills two gaps in the market by providing quality, modern, and much-needed market rental. We are grateful to be part of the solution by creating more affordable housing and providing diversified housing options in Vancouver,” says Michael Hungerford, partner at Hungerford Properties. The Link was purchased by Crestpoint Real Estate Investments Ltd. and InterRent REIT.

Search