Southwynd Place Redevelopment

Client: Kiwanis-Soroptimist Senior Citizens Society, Non-Profit

Location: Vancouver, BC

Value: $500M

Results:

  • Delivering Western Canada’s largest non-profit led social housing redevelopment.

  • Delivering 903 mixed-income rental homes across 4 buildings in 2 phases.

  • Secured over $12M in pre-development financing & funding.

Project Overview:

The Kiwanis-Soroptimist Senior Citizens Society, a longstanding organization in Vancouver, co-owns and manages a 90-unit affordable housing complex for seniors at 8080 Yukon, and has partnered with Purpose Driven Development as the Development Lead for a transformative intergenerational redevelopment delivering over 900 units of mixed-income rental homes across four buildings in two phases.

As a vibrant, intergenerational community located at a transit node, Southwynd Place Redevelopment is set to become a cornerstone of Vancouver’s community. This groundbreaking initiative aims to tackle the pressing housing crisis in the city. By creating a master-planned community that blends mixed-income rental options with integrated amenities focused on health and wellness, Southwynd Place will foster an inclusive atmosphere where seniors, families, and young professionals can thrive together. With easy access to transportation and nearby amenities, this transformative project is not just about providing homes; it’s about cultivating connections and enhancing the overall quality of life for all residents.

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  • Key areas of our role and deliverables include:

    • Comprehensive visioning and priorities work with the Kiwanis-Soroptimist Board to develop cohesive, aligned goals for the redevelopment;

    • Delivery and Implementation of a Financing & Funding Strategy;

    • Secured over $12M in financing and funding to fund pre-development phases;

    • Phasing plan for the full build out of all 4 development phases incorporating financing, zoning, servicing, and constructability considerations;

      • Full Service Development Management including (not limited to):

      • Procurement & management of full consultant team including the general contractor, working with BC Housing’s procurement team;

      • Developing comprehensive project schedules, budgets, and work plans;

      • Securing funding and financing to fund pre-development phases.

      • Cost control and budget management including invoice and lender draw coordination.

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