Condo & Non-Market Rental Project Planned for Metrotown Site
Qualex Landmark has applied to the City of Burnaby for permission to rezone the site they own at 4275 Grange to allow a 31-storey high-rise condo building, and a 5-storey non-market rental apartment building.
The site, currently a 53-unit strata building, was sold by Casey Weeks and Morgan Iannone of Colliers in January 2019, and the site area is 45,661 SF.
The Metro Downtown Plan designates the site RM4s and RM4r. In accordance with the City’s Rental Use Zoning Polic the project is required to provide rental units equivalent to 20% of the proposed strata units. The required rental units are to be set at 20% below CMHC median rents.
Details of the proposed development include:
- 274 condo units;
- 26 studios, 122 one-bedrooms, 97 two-bedroom & 2 three-bedrooms;
- 32 non-market rentals;
- 21 two-bedrooms & 11 three-bedrooms;
- 294 parking spaces;
- a total density of 5.13 FAR.
The architect for the project is RWA Architects.