Residents of Surrey, British Columbia are facing a frustrating reality as an affordable rental building is set to be demolished to make way for high-rise developments.
The building, located on 108 Avenue and King George Boulevard, has been a source of affordable housing for many low-income families in the area. However, the property has been sold to a developer who plans to build two high-rise towers in its place.
This news has left many residents feeling anxious and uncertain about their future living arrangements. The building’s current tenants, who pay below-market rent, will have to find new homes once the building is demolished.
According to the developer, the new high-rises will offer a mix of market and affordable housing units. However, many residents are skeptical about the affordability of these units and fear that they will not be able to afford the rent.
The City of Surrey has approved the development, citing the need for more housing options in the area. However, some community members are questioning the decision, arguing that the city should prioritize preserving affordable housing rather than catering to the demands of developers.
In response to the backlash, the city has stated that they are working on a plan to address the issue of affordable housing in the area. They have also assured residents that they will be involved in the decision-making process for the new development.
Meanwhile, the tenants of the affordable rental building are left in a state of uncertainty and frustration. Many are worried about where they will go and if they will be able to find another affordable housing option in the area.
This situation highlights the ongoing struggle for affordable housing in the Lower Mainland, where the cost of living continues to rise. It also raises questions about the responsibility of developers and city officials in ensuring that affordable housing options are not sacrificed for the sake of development.
As the demolition of the affordable rental building looms, residents can only hope that their concerns will be heard and that solutions will be found to address the issue of affordable housing in Surrey.