Sun Peaks Mountain Resort Municipality, along with the Sun Peaks Housing Authority are pleased to provide an update on the Sun Peaks BC Builds Project at 1180 Sun Peaks Road. The project is a partnership between BC Builds (BC Housing), Sun Peaks Mountain Resort Municipality and the Sun Peaks Housing Authority.
Following the review and evaluation of proposals from developers through the Property Opportunity Notice process, BC Builds has selected Meranti Developments Ltd. as the successful proponent.
The BC Builds project at 1180 Sun Peaks Road will provide housing for people living and working in Sun Peaks. It will be comprised of one six-story building and will feature a combined total of 110 units ranging in size from studio, to one, two and three-bedroom units to suit the various need of the community. The final unit mix and parking allocation will be determined as design work progresses.
The Sun Peaks Housing Authority will own and operate the rental units.
Construction of the project is estimated to be complete in 2026.
“This program will allow us to bring the first residential rental development into the Sun Peaks community, for those who live within the community. It is a significant first step to addressing our housing needs.” – Mayor O’Toole
BC Builds works in partnership with non-profit groups, local governments, First Nations and the development sector to identify available underused land, provide financing and funding, and deliver projects that create more homes and help bring costs more in line with what households with middle income households.
All BC Builds units have a target of households with middle incomes spending no more than approximately 30% of their income on rent. In addition, at least 20% of all BC Builds projects will have rents at least 20% below market rate. More information about BC Builds can be found here: https://www.bcbuildshomes.ca/development-opportunities
More information and details about the BC Builds project along with progress updates will be shared on the municipal website as they are made available: https://sunpeaksmunicipality.ca/sun-peaks-housing-authority