Vancouver City Council is considering a plan to create a new, city-owned corporation to build for-profit housing.

Six city-owned sites have been selected to produce about 4,000 homes, according to plans shared by the City of Vancouver on Tuesday.

Those sites include Pacific and Hornby, Main and Terminal, the north end of the Granville Bridge, along with 2400 Kingsway, which is currently the site of the 2400 Motel, a property at Granville Street and 67th Avenue, and several parcels along Main Street between 23rd and 24th Avenue.

“We are proposing, through the government business enterprise, the structural change required to deliver both housing and generate long-term wealth for the City of Vancouver,” Armin Amrolia, deputy city manager for the City of Vancouver, said.

“Wealth that can b

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