First Nations are poised to become the next real estate development power-brokers in Metro Vancouver, with billions of dollars worth of real estate on and off reserves at their disposal.
Westbank Corp., Polygon, Aquilini and Darwin Properties all have partnerships with local First Nations to build thousands of units of housing and commercial space in Vancouver, Burnaby and West Vancouver.
“First Nations have first right of refusal when the provincial or federal government disposes of land and they are actively making those deals,” said Indigenous planner Ginger Gosnell-Myers, formerly with the City of Vancouver.
