Three B.C. First Nations buy parcel of prime Vancouver real estate

First Nations buy multimillion-dollar property

VANCOUVER — Three British Columbia First Nations have paid nearly half a billion dollars for a prime piece of real estate on the west side of Vancouver.

The Musqueam, Squamish and Tsleil-Waututh nations bought the 15.7-hectare parcel known as the Jericho Lands from the province for $480 million.

The First Nations said in a news release that the property overlooking Jericho Beach Park in the West Point Grey neighbourhood was once the site of a First Nations village.

“This is a celebration for all three nations,” Squamish Nation Chief Ian Campbell said in a news release. “Today we are, in a very literal sense, coming back to our homeland.”

The land has panoramic views of English Bay and the North Shore and is adjacent to a 21-hectare area acquired by the three First Nations and the Canada Lands Company from the federal government in 2014.

Any construction will meet City of Vancouver zoning plans, said Musqueam Chief Wayne Sparrow.

“We look forward to working with all of our partners, the communities and neighbours to ensure the best possible developments occur on these properties,” he said.

The purchase creates the conditions for the First Nations to lead a meaningful consultation process about what should be done with the land, Vancouver-Quilchena MLA Andrew Wilkinson said in a release.

“Local residents will have the opportunity to provide their input on how they would like to see these lands developed for the greatest benefit of the community in the future,” he said.

A release from the province said the final sales contract and two independent appraisals will be publicly released in the coming weeks.

The Canadian Press

Just Posted

Surrey wants BNSF to slow Crescent trains

Mayor Linda Hepner said ‘it’s the least we can do’

Rail-safety forum planned for White Rock this Friday

Event to include municipal, federal, provincial governments

White Rock open house to discuss city’s aquifer protection plan

Examination of potential hazards includes increased population, climate change

‘Connecting Threads’ and more in Surrey Art Gallery’s fall shows

Free admission at opening reception and panel discussion Sunday afternoon

SFU unveils new lab at Surrey Memorial Hospital

Combination of MRI, MEG allows for ‘best possible windows’ intro brain function

B.C. RCMP turn to Const. Scarecrow to shock speeders into slowing down

New addition will watch over drivers from a Coquitlam median for first-of-its-kind pilot in Canada

B.C. home to 1/3 of Canada’s overdose deaths in first 3 months of the year

There were 1,036 overdose deaths in the first three months of the year, with 94 per cent accidental

B.C. candidate moves from hospice care to council race

He beat terminal cancer twice and entered hospice when he decided to run for council.

Canadian tobacco exec pushes back against vaping health concerns

A warning from Interior Health about the unknown health risks of vaping is getting a partial rebuke

New ‘meowyoral’ race featuring felines announced by B.C. animal shelter

Organizers hope the cat election will generate attention for shelter and local municipal election

Ministry of Agriculture commits $300,000 to help B.C. farmers obtain land

B.C. Land Matching Program supports access to affordable farmland for young farmers

Canadian air force short 275 pilots

Attrition outpaces recruitment and training claims Air Force

Teacher suspended after physically shushing, saying ‘shut up’ to student

Grade 5 student reported feeling ‘confused and a little scared’

A B.C. society helps to reforest Crown land after wildfires

Forest Enhancement Society of BC focuses on wildfire mitigation and the reforestation

Most Read