Maple Ridge wants new apartments to stay rental, forever
Empty field awaits construction of new apartment building on 122nd Avenue, beside existing Sorrento Apartments . -" title=" Empty field awaits construction of new apartment building on 122nd Avenue, beside existing Sorrento Apartments ." style="border: 0px;" /> Empty field awaits construction of new apartment building on 122nd Avenue, beside existing Sorrento Apartments . — image credit: Maple Ridge council is making a small dent in the housing crisis by requiring a developer to sign on to a plan to keep 288 new apartments – for rent only – forever. Council in July gave third reading to a housing agreement between it and Viam Holdings (Amacon) that specifies that the new buildings that replace the Sunrise Apartments on 122nd Avenue, will be for rent, rather than condos. Sunrise Apartments was heavily damaged by a March 2015 fire, putting about 100 people out of their rental apartments. The housing agreement applies to all 288 apartments and remains on ...