Apartment, Condo, Development

Belford Planning 5 Towers For Metrotown

Belford Properties has submitted a series of revised, phased rezoning applications for four sites that they own in the Metrotown area of Burnaby.

Each of the sites was originally proposed for rezoning in 2017 & 2018; however, due to market conditions and changes to the City of Burnaby’s rental zoning policies, the projects have not moved forward until now.

The four sites in question are proposed to be rezoned concurrently, incorporating the rental use zoning and tenant assistance policy measures adopted in 2020. A phased development agreement (PDA) is required. Part of the overall proposals involves shifting density and consolidating the rental units on one site.

Overall, the proposal envisions 1,255 residential units (867 condos & 388 rentals) in five towers, located on four separate sites.

The sites in question are:

  • 6630 Telford Avenue (Site A)
  • 6366 Cassie Avenue & 6433 McKay Avenue (Site B)
  • 6444 Silver Avenue (Site C)
  • 4355 Maywood Street (Site D)

Site A (Telford) and Site B (Cassie/McKay) are proposed to be developed immediately and concurrently as part of Phase 1. Site C (Silver) and Site D (Maywood) are permitted to be developed at a later date, either concurrently or separately, based on market conditions.

Details for each site include the following:

6630 Telford Avenue

  • a 31-storey market & non-market rental tower & a 15-storey market rental tower;
  • 168 market rentals & 220 non-market rentals;
  • a total density of 8.11 FAR;

6433 McKay Avenue and 6366 Cassie Avenue

  • a 39-storey condo tower;
  • 337 condo units;
  • a total density of 4.45 FAR;
  • a building height of 411 ft.

6444 Silver Avenue

  • a 41-storey condo tower;
  • 254 condo units;
  • a total density of 5.97 FAR;
  • a building height of 412 ft.

4355 Maywood Street

  • a 32-storey condo tower;
  • 276 condo units;
  • a total density of 7.84 FAR;
  • a building height of 321 ft.

In each case, the rezoning is based upon the RM-4s guidelines.

The architect for the Telford site is indicated as DA Architects & Planners. The architect for the Silver Avenue project is IBI Group.

The 220 replacement rental units are required to be rented in accordance with the Rental Use Zoning Policy, i.e. right of first refusal to tenants displaced by the four rezoning applications, with subsequent tenancies being at 20% below CMHC median rates. Fifty percent (50%) of the additional rental units must be rented at CMHC median rental rates and the remaining 50% can be rented at market rental rates.

November 19, 2021by david.taylor@colliers.com