Three downtown Vancouver towers to focus on rental units over market condos

Three downtown Vancouver towers to focus on rental units over market condos.

Aquilini Developments says a three-highrise tower development near Rogers Arena ‘is probably the largest rental project [in Vancouver] in the last 30 years.’
 

Aquilini Developments says a three-highrise tower development near Rogers Arena ‘is probably the largest rental project [in Vancouver] in the last 30 years.’

Three new highrise towers planned beside Rogers Arena will feature several hundred rental units as their residential component instead of condominiums.

“It’s in the heart of the downtown core and we thought it would be a great rental project,” said David Negrin, president of Aquilini Developments and Construction, on Wednesday. “We’re taking some risk, but feel there’s a real requirement for rentals in downtown Vancouver.”

Read more: http://www.vancouversun.com/business/Three+downtown+Vancouver+towers+focus+rental+units+over+market+condos/6704420/story.html#ixzz1wPqwhw3x