Starlight Completes New Purpose-Built Rental Project in North Van
AI Article Summary
Starlight Investments has completed The Lively, a new purpose-built rental community in North Vancouver, B.C., adding 40 rental homes to the area. The development is part of Starlight's strategy to expand rental supply across Canada, featuring modern amenities such as keyless entry, in-suite laundry, and smart thermostats. The complex also includes below-market rentals for seniors, in collaboration with local organizations and the City of North Vancouver. This project is expected to enhance the local housing supply and provide quality living options.
What This Means for Canadian Contractors
This project shows how a robust development pipeline can address the increasing demand for rental housing in vibrant urban communities. For Canadian builders, this means focusing on sustainable, multi-family developments that can incorporate advanced building technologies like smart home features. This approach may also necessitate coordinated efforts with local governments to ensure necessary infrastructure and community services are in sync with housing growth.
