ICBC North Vancouver headquarters to be redeveloped by BC Government

June 17, 2024 | New Developments | By The Rossettis

The ICBC headquarters in North Vancouver is set for a major transformation into a vibrant residential community. Located at 151 West Esplanade, this waterfront property near Lonsdale Quay Market will be developed to offer several hundred new homes, including both market and below-market options, close to essential services, amenities, transit, and the SeaBus.

Premier David Eby highlighted the significance of utilizing well-connected, underused spaces to address housing needs, emphasizing the goal to prioritize the community's needs over luxury developments. This initiative is a part of the Province’s $394-million commitment to deliver 10,000 homes near transit hubs over the next 10 to 15 years.

The project results from a collaboration between the BC Transportation Financing Authority, ICBC, and the Musqueam, Squamish, and Tsleil-Waututh Nations (MST Nations). It aims to create a mixed-use residential development featuring homes, child care, health care, and public spaces.

Learn more here: BC Gov News >>


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