Isabella Court, a new affordable housing community serving low-income seniors in Vancouver, will celebrate its grand opening this month. Housing Development Center managed construction and provided predevelopment financing for the REACH Community Development project, which completed construction in December.
Photo: Isabella Court under construction.
Located near public transit in the amenity-rich Bagley-Downs neighborhood, the four-story apartment building incorporates features to meet the needs of seniors. A large community room, with a kitchen and fireplace, provides space for gatherings and activities, and a community garden enables residents to get outside, socialize and grow their own flowers and vegetables. Residents will enjoy access to a range of support services provided by REACH.
Simple and cost-efficient in design, Isabella Court is built to the Evergreen Sustainable Development Standard (ESDS), which focuses on energy efficiency and promotion of sustainable living.
Photo: Sun shades, along with an energy-efficient cooling system, will keep apartments comfortably cool in the summer. Rendering by MWA Architects.
A low-interest property acquisition loan from HDC Community Fund helped get Isabella Court off the ground in 2012, and HDC continued working on the project in a construction management role. After financing setbacks pushed construction to a late start in winter 2015, crews worked successfully to complete the project in just over 12 months. HDC’s Mai Huynh-Carnes managed the $7.8 million construction project, working with partners at REACH, MWA Architects and TEAM Construction.
Congratulations to all the partners who contributed to this project, and to the residents who are making this safe, comfortable and affordable community their home!