Metro Vancouver’s titans of development are well known; Westbank, Wall Financial, Bosa, Concert, Onni and Aquilini all come to mind. However, in the region’s fast-paced world of residential, commercial and industrial real estate, new players are constantly emerging and finding their place.
One of those players is the TFN Economic Development Corporation (TEDC), which is in the middle of building out Tsawwassen First Nation (TFN) as a complete community of approximately 10 million square feet of development.
The corporation was formed after TFN signed a historic treaty with the governments of Canada and British Columbia in 2009, creating the first urban agreement of its kind in the province. It provided TFN with self-governing and law-making powers as well as 1,800 acres of land. At the time of the signing, the mood in the community was optimistic; many spoke about a future of economic independence and prosperity for TFN members.
It seems now, promises made were promises kept.
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