Auto and Commercial Uses Proposed for Lougheed and Boundary Development
A rezoning proposal has been put forward to develop a phased commercial development at 2020 Boundary Road, a site the Northeast corner of Lougheed and Boundary Road in Burnaby. Translink sold the site last year to the Open Road Auto Group for $19.2 Million.
The development will consist of:
- two or three high-end auto dealerships
- a 4-storey fully enclosed glass structured car parkade
- an 8-storey, 85,000 SF office building with underground parking and grade level retail uses
- a total density of 0.77 FAR
The auto dealerships are proposed to be the first phase of the development, with the commercial uses later.
Own an retail property in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
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