DTES Community organizing against Sequel 138 condos shows united opposition to displacement by gentrification.
The date is looming for the City’s Development Permit Board meeting to decide the fate of the Sequel 138 condo proposal. It’s been a year since nine major Downtown Eastside (DTES) community organizations formed a coalition to stop Sequel 138 condos. Their campaign involves thousands of DTES residents, workers, social housing providers, artists… united in opposition to a bad proposal for a destructive condo project in the heart of the most vulnerable urban community in the country.
In the midst of a gentrification storm in the Downtown Eastside with more than 688 new condo units proposed or planned this year, the Sequel 138 proposal at the Pantages site might seem like a strange project to target. It’s only 79 condos, it doesn’t require a rezoning, and it includes 9 units of welfare rate social housing. But the Sequel project is different because it is the first condo proposal ever made in the DTES Oppenheimer District, where 80% of the residents are low-income and most live in substandard SRO hotel rooms.
Most importantly the Oppenheimer District was highlighted by city planners and lawmakers (back when they actually talked about social housing) as the area expected to host most of the needed social housing for the DTES. To make this goal possible they drew up an “inclusionary zoning” bylaw to keep land prices and rents low and keep the real estate speculators at bay: any new development in the area must include 20% social housing. Now, if the city gives a green light to the Sequel project, speculators and developers will swarm over the cheap land as investment opportunities.