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Planet Money

The skyscrapers that NIMBYs and zoning couldn't stop

March 27, 2026

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5 min read

In Vancouver, a small patch of land near downtown holds a rare chance to test urban development without the usual constraints. The Squamish Nation reclaimed 10.5 acres of ancestral territory, known as Senak, and chose to build 11 skyscrapers—up to 60 stories tall—adding 6,000 rental apartments. Free from city zoning laws on their sovereign reserve, they pursued density and speed that typical developers can't achieve.

The Land's History and Return

Senak was once a Squamish village abundant with elk, moose, seals, fish, and killer whales in the 1800s. In 1913, British Columbia officials seized it for a growing seaport, forcing residents onto barges and burning the village to prevent return. The Squamish sued in 1977, winning back the land in 2003 after decades of legal battle. Chief Gilbert Jacob, known as Chief Gibby, called it the nation's biggest economic opportunity, prime real estate in one of the world's priciest cities.

The site's location—across a narrow inlet from downtown, amid single-family neighborhoods and parks—made it ideal for revenue. Squamish leaders envisioned an "ATM": steady income to address historical poverty, lacking even plumbing in Chief Gibby's 1950s youth. Unlike U.S. tribes building casinos, urban Vancouver pointed to housing demand.

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What you'll learn

  • 1 (00:01) **Intro to Chief Gibby and Senak History** - Reporters meet Squamish leader Chief Gibby on reclaimed ancestral land once destroyed by government.
  • 2 (02:41) **Show Setup: Zoning-Free Experiment** - Hosts introduce Vancouver's strict building rules and Squamish sovereignty allowing unrestricted development.
  • 3 (03:53) **Chief Gibby's ATM Vision** - Initial plan for mid-rise rentals to generate steady income for Squamish after generations of hardship.
  • 4 (05:36) **Community Debate and Seven Generations** - Young Squamish like Wilson Williams question modest plan's long-term impact and cultural fit.
  • 5 (07:55) **Vancouver Zoning Crisis** - City laws restrict density amid housing shortage; Squamish land exempt, enabling taller, denser builds.
  • 6 (10:15) **New Mega-Project Plan** - Shift to 11 skyscrapers up to 60 stories, adding 6,000 apartments voted in by nation in 2019.
  • 7 (11:23) **Announcement Sparks Backlash** - Big news alters skyline; NIMBY neighbors in Kits Point protest towers' scale and impact.

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Show Notes

LIVE SHOW TOUR INFO HERE. New stories, live tapings, special guests, book signings and more. 

What would you build on a piece of land when all the normal rules go out the window?

On today’s show, how the Squamish Nation reclaimed a sliver of prime urban real estate and were liberated from zoning restrictions, to the consternation of their wealthy NIMBY neighbors.

We trace the 100 year saga of what might be the most interesting real estate development in North America right now: There’s a violent eviction, a tense legal battle, and a giant, tough decision for the Squamish Nation that culminates in the daring project that they’re building today.

It’s a story with lessons for every city trying to lower housing costs and build more.

This episode is adapted from Planet Money: A Guide To The Economic Forces That Shape Your Life. Pre-order before April 7 and you can get a poster. Details here

The working paper we mentioned on “ready-to-issue” permits in Los Angeles.

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This episode was produced by Sam Yellowhorse Kesler with an assist from Emma Peaslee. It was edited by Jess Jiang, fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is Planet Money’s executive producer. 

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