The building site was home to the Squamish Nation for thousands of years before they were illegally forced out.
"Real estate is really the one thing we can get involved in that will make sense to generate revenue."Khelsilem , elected councillor and spokesperson for Squamish Nation, responding to a Federal Court of Appeal ruling on the Kinder Morgan Trans Mountain Pipeline on Aug. 30, 2018.
"For a lot of other First Nations across the country, natural resources is the one option they have for growing their economies. Whereas for us, the land has been completely impacted and so real estate is really the one thing we can get involved in that will make sense to generate revenue," he said.
"They're seeing the significant profits that everyone else is making. We're right in the middle and we're not doing anything, so I think there's reasonable impatience that we should be getting involved," he said.The First Nation is in negotiations with one developer after gathering pitches through a request for proposals. At this stage, it's looking at primarily rental housing with potential for some affordable units for Squamish members.
Stewart also sees it as an expression of reconciliation, acknowledging that if residents oppose the project there are few ways to fight it because the development is on Squamish land and outside the city's jurisdiction. The Kitsilano neighbourhood is facing forces that could change its character on several fronts. The beachside community of largely single-family residences has historically opposed development on a much smaller scale, including two recent five- and six-storey buildings planned further west.Watch: No more 'hollow words' on Indigenous reconciliation: B.C. Premier Horgan. Story continues below.
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