After nearly 40 years, LGBTQ resource centre QMUNITY is moving to a new facility, as part of a city redevelopment project. 

The organization will be moving from its current location on Bute Street to the northeast corner of Burrard Street and Davie Street.

The new space is located on city land that, subject to rezoning, could also yield more than 110 new affordable homes. 

Vancouver Mayor Gregor Robertson made the announcement at the International Day Against Homophobia, Transphobia, and Biophobia breakfast.

"I'm very pleased that we have identified a location for an expanded, dedicated space for QMUNITY," he said.

"Vancouver is a leader in our commitment to equality, acceptance and inclusion – we're a stronger and more vibrant city for it."

The new space will be funded by $7 million in community amenities, and a $200,000 capital grant from the city for design and planning.