Cascadia, Fiera Build 66 Rental Units on North Vancouver Lonsdale

Cascadia Development announced a joint venture with the Canadian Built Opportunities Fund to construct 66 rental units at 2525 Lonsdale Avenue, North Vancouver. Building work is slated to start in 2027, with the project expected to be finished by 2029.

Strategic collaboration for North Shore housing

The alliance combines Cascadia’s regional development know-how with the institutional capital of Fiera Real Estate. Farzad Mazarei, Cascadia’s chief executive, said the initiative emphasizes high standards and deference to the changing nature of the Lonsdale corridor. The plan seeks to ease housing shortages in Metro Vancouver while offering occupants pedestrian proximity to transit, shops and job hubs.

North Vancouver, BC, September 28, 2026, Cascadia Development announced a strategic alliance with Fiera Real Estate’s Canadian Built Opportunities Fund to build a purpose-designed rental community at 2525 Lonsdale Avenue. The joint effort represents a key step that showcases the cooperation between Cascadia’s development skill set and Fiera Real Estate’s investment approach via its Canadian Built Opportunities Fund in British Columbia. It also signals confidence in the enduring fundamentals of the North Shore rental market and the rising demand for premium rental units in Metro Vancouver. Merging regional insight with nationwide expertise, the two parties intend to provide lasting rental accommodation.

The 2525 Lonsdale location sits near transit options, shopping facilities, workplaces, schools, recreational spaces and the wider North Shore transport system. Residents will enjoy pedestrian reach to everyday services, while the development aids the ongoing transformation of Lonsdale into an active, linked and livable urban corridor. This setup aligns with the larger objective of expanding the stock of purpose-built rental homes in a market-tight region.