Published Jun 2, 2026, 9:49 a.m.

Senakw Rental Towers Launch This Summer: Squamish Nation's Landmark Project Enters Vancouver's Tight Market

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Image 1,4: Habitat Forum, a public gathering associated with the 1976 United Nations Habitat Conference on Human Settlements, was held inside Second World War aircraft hangars on Jericho Beach on Vancouver's west side. — New rental buildings in Vancouver mark fresh start for Squamish Nation – and might be what the market needs

The Squamish Nation is preparing to open the first phase of Senakw this summer, marking a pivotal moment for both the Nation and Vancouver's rental landscape. According to reporting by The Globe and Mail, the first three towers of what is described as Canada's largest Indigenous-built housing project will become available in the coming months. The development represents a significant shift in how Indigenous land is utilized for urban housing, with the Squamish Nation serving as the developer and long-term landlord rather than selling the land or partnering through traditional frameworks. This summer's launch will test market appetite for Nation-led rental housing in one of North America's tightest rental markets.

Image 2,5: Renderings of the mothballed PoCo Place project in Port Coquitlam, B.C. Developer Wesbild was to have built 2,000 homes and significant retail space and amenities, the scale of the project would have been unin a six-tower community where a shopping mall currently exists at the corner of Lougheed Highway and West