Sen̓áḵw's first tower reaches 77 per cent occupancy as Tower 2 opens to renters
The Squamish Nation's Sen̓áḵw development in Kitsilano has leased 257 of 333 units in its first tower, with one-bedroom suites in the 497-unit Tower 2 starting at $2,475 a month.
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The Squamish Nation's Sen̓áḵw development in Kitsilano has leased 257 of 333 homes in its first tower since leasing began in June 2026, reaching 77 per cent occupancy, the Vancouver Sun reports. Tower 2 is now accepting applications from renters, with public tours opening on November 16.
Brandi Halls, executive director of Hiy̓ám̓ brand, marketing and engagement, told the Vancouver Sun the occupancy rate puts the project in line with market benchmarks for purpose-built rentals, which typically aim for 60 to 75 per cent lease-up in the first six months. Studios in Tower 1 have been among the most popular: 101 of 107 available have been rented.
Who is living there
Of the 333 homes in Tower 1, 84 units are rented by Indigenous residents. About 15 per cent of those are members of the Squamish Nation, on whose land the development sits. The development uses a staged release to prioritize Squamish Nation members, then other Indigenous people, then the general public.
A Hiy̓ám̓ housing subsidy is available to Squamish Nation members who qualify for rental assistance.
Tower 2 is now leasing
Tower 2, named sméṅhem, is 30 stories with 497 units. The Vancouver Sun reports these prices for the units now leasing:
- One-bedrooms (545 to 730 sq ft): from $2,475 a month
- Two-bedrooms (635 to 1,277 sq ft): from $3,570 a month
- Three-bedrooms (895 to 1,729 sq ft): from $3,785 a month
- Two four-bedroom units are available; prices have not been published yet
Of the 497 units, 399 are market rentals, 62 are affordable, and 36 will qualify for the Hiy̓ám̓ subsidy.
Context on prices
The development drew public attention earlier in its lease-up over pricing, including a four-bedroom penthouse listed at $12,000 a month. Halls told the Vancouver Sun that unit was not typical. "It was a very unique home, a top-level, four-bedroom townhome. The pricing of this home was comparable to other waterfront condos in Vancouver," she said.
What renters can do
Public tours of Tower 2 begin November 16, 2026. Tours of Tower 2 began on October 16 for Indigenous people. The development is in Kitsilano on the Squamish Nation's reserve land, near the waterfront. Renters who want to apply or book a tour can contact the Sen̓áḵw leasing office directly.
Questions this story answers
How many units has Sen̓áḵw's first tower leased?
According to Vancouver Sun reporting on November 6, 2026, the first tower of the Sen̓áḵw development has leased 257 of its 333 homes since leasing began in June 2026, reaching 77 per cent occupancy. Brandi Halls, executive director of Hiy̓ám̓ brand, marketing and engagement, said this pace is in line with the 60 to 75 per cent lease-up benchmark for purpose-built rentals in the local market within the first six months.
How many Indigenous residents are living in Sen̓áḵw Tower 1?
The Vancouver Sun reports that 84 units in Tower 1 are rented by Indigenous residents. Of those, about 15 per cent are members of the Squamish Nation. The development is built on Squamish Nation land in Kitsilano.
What is Tower 2 at Sen̓áḵw, and when can the public see it?
Tower 2, named sméṅhem, is a 30-storey building with 497 units. It is now leasing. Tours of Tower 2 began on October 16 for Indigenous people. Public tours open on November 16, 2026, following the same staged release used for Tower 1.
What do units in Sen̓áḵw Tower 2 cost?
According to the Vancouver Sun, one-bedroom units in Tower 2 range from 545 to 730 square feet and start at $2,475 a month. Two-bedroom units range from 635 to 1,277 square feet and start at $3,570. Three-bedroom units range from 895 to 1,729 square feet and start at $3,785. Two four-bedroom units are available but prices have not yet been published.
How many units in Tower 2 are affordable or subsidized?
Of the 497 units in Tower 2, the Vancouver Sun reports 399 are market rentals, 62 are affordable, and 36 will qualify for a Hiy̓ám̓ housing subsidy. The subsidy is available to Squamish Nation members who qualify for rental assistance.
What was the most popular unit type in Tower 1?
Studios proved to be among the most popular units in Tower 1. Of the 107 studios available, 101 have been leased, according to Brandi Halls, executive director of Hiy̓ám̓, as reported by the Vancouver Sun on November 6, 2026. Tower 1 has 333 homes in total, with 257 leased across all unit types.
How big is the full Sen̓áḵw development planned to be?
Sen̓áḵw is planned as an 11-tower community on Squamish Nation land near Kitsilano's waterfront. The development is built by the Squamish Nation and Nch'kay West. Tower 1 has 333 homes and Tower 2, now leasing, has 497 units. The Vancouver Sun reported these figures on November 6, 2026, citing the development's own leasing team.
How can I book a tour of Sen̓áḵw Tower 2?
Public tours of Tower 2 at Sen̓áḵw open on November 16, 2026. The development is located in Kitsilano. For leasing and tour information, contact the Sen̓áḵw leasing office directly. You can also read more about housing in Vancouver on voche.me.
Sources
The pages this story draws on. Open one to check a claim yourself.
- Vancouver Sun: Sen̓áḵw development first tower hits 77 per cent occupancyvancouversun.com
- Sen̓áḵw development websitesenakw.com
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