Council received a presentation from the University of Northern British Columbia (UNBC) about its Land Trust initiative and plans for future redevelopment.
UNBC is proposing a long-term land trust development on 47 acres near its Prince George campus to create a mixed-use community with up to 1,800 housing units and space for economic activity.
The project aims to increase housing supply, support workforce attraction, and generate significant property tax revenue while strengthening connections between the university and the broader community. UNBC is requesting that Council advocate to the Province to remove a reverter clause on a portion of the land to enable development certainty and support partnerships needed to advance the project.
Council unanimously agreed to refer the matter of the land trust to the Standing Committee on Intergovernmental Affairs to continue advocacy to the province for the removal of the provincial reverter clause attached to the UNBC lands.
