Housing Agreement Amendment Application by BC Housing and Polygon for Talistar Development at 3468 Ketcheson Court

On June 12, 2023, Council adopted the rezoning application (RZ 18-836123) by Polygon for the lands municipally known as 8671, 8731, 8771, 8831/8851 Cambie Road, 8791 Cambie Road/ 3600 Sexsmith Road, and 3480, 3500, 3520, 3540/3560 Sexsmith Road to enable the construction of 1,341 homes including 1,014 market strata homes, 171 market rental homes, and 156 Low-End Market Rental (LEMR) homes across four phases. Construction of the development, named Talistar, is underway with completion of phase one anticipated in late Spring 2026. Phase one includes a single building comprised of two towers over a shared parkade. One tower includes 156 LEMR homes and the other includes 120 market rental homes. Polygon is in the process of advancing the potential sale of the 156 LEMR homes to BC Housing. As part of this process, the two parties are seeking amendments to the Housing Agreement. The amendments would establish a tenanting framework that more closely aligns with that used by BC Housing across the Province.

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