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

Rogers Arena is set to welcome hundreds of new neighbours after Vancouver city council Thursday night approved the development of three new highrise towers by Aquilini Developments and Construction, run by the same family that owns the Canucks.

According to the $300-million plan, which originally favoured condos in the mixed-used development, a total of 614 one-, two-and three-bedroom rental units would be built in stages over the next several years with the last of the towers — between 23 and 32 storeys — completed in the spring of 2016.