Seniors housing developers compete for Global Award

trophy NEW YORK: The three hundred and forty-eighth entry for the seniors housing Global Awards 2016 has been received.

The Portland Hotel Society is calling a redevelopment of Gastown’s Blood Alley and the historic Stanley Hotel a good deal for all involved.

“There are currently 78 low-income residents renting rooms at $375, which is the ministry [welfare] rate,” said Andy Bond, director of housing for the Downtown Eastside nonprofit. “And through a very long negotiation process, we have come to a place where, through the redevelopment, we will be getting 80 units of self-contained housing.”

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Global Over 50s Housing/Healthcare Awards.