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‘Modello’
Boffo Developments‘ project at 6225-6255 Cassie Avenue has now gone through the first reading stage of rezoning, and has been referred to a rezoning scheduled for May 28, 2013. The plan is for a 170-unit, 37-storey residential tower above a commercial podium with frontages on Beresford and Willingdon Avenue. The commercial component will include retail, office and a liquor primary establishment.
The project is being rezoned under the Metrotown Centre Development Plan, which allows higher density for existing RM-3 and RM-5 zoned properties.
Project stats:
- Site area: 46,166 SF
- Total density: 6.28 FAR
- Total floor area: Residential: 224,323 SF; Retail/Rest: 24,959 SF; Office: 33,600 SF
- Unit Mix: 170 units (36 one-bedrooms, 87 two-bedrooms, 47 3-bedrooms)
Source: City of Burnaby, Boffo Developments
First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion
First Capital REIT --> Choice Properties REIT and Kingsett Capital are teaming up to acquire the Canadian real estate company in a deal valued at over $9 billion, including assumed debt. Choice Properties will acquire roughly five billion dollars worth of shopping centres, while
West Vancouver condo project in receivership, causing 'heartbreak' in Dundarave
Greater Vancouver commercial real estate transactions down 8.3% in 2025 via @westerninvestor