Market Spotlight: Burnaby Rezoning Updates
Here is a list of rezoning applications headed for Burnaby City Council’s consideration on Monday:
Phase 1 of Brentwood Town Centre Project
The first phase of the Brentwood Town Centre redevelopment by Shape Properties is seeking to move forward to first reading and public hearing next month. Phase 1 includes development of a new externally oriented commercial shopping centre, public plaza and high street within the 8-acre southwest quadrant. It includes:
- 546,820 SF of new commercial space in 2-4 storey buildings
- Density of 1.56 FAR
- Central civic plaza
Phase 2 of Station Square
The second phase of the Station Square redevelopment by Anthem Properties is seeking to move forward to first reading and public hearing next month. The first phase is now substantially sold out and under construction. Phase 2 includes development the next two towers atop a low-rise retail and office podium on the Eastern portion of the site. It includes:
- two towers – one 38-storeys and one 48-storeys
- 768 total units
- a total density of 5.34 FAR
- 97,343 SF of new commercial space
Canada Way and Claude Avenue
The owners of this 4.6 acre site have filed a rezoning application for a 132 unit stacked-townhouse development with underground parking to a total density of 0.9 FAR.