125-unit Seniors Residence Proposed for Edgemont Village

The Edgemont Senior Living project in North Vancouver will go to council for first reading next week. The proposal is for a 125-unit, 3-storey building on a site that currently consists of six single family lots. The units will be primarily independent living, with some assisted living units. The developer is proposing to pay a CAC of $500,000, which is estimated to be 50% of the increase in land value through rezoning. More information can be found here.