The Vancouver Investment & Development Advisors Group at Colliers has completed on the sale of a 6.30 acre commercial development site in the Big Bend area of South Burnaby.
The property is located at 5701-5813 Byrne Road. The site has an existing older 58,000 SF warehouse.
The sale completed at $34,500,000 or $5.5 Million per acre. The purchaser is a private local investor.
Concert Properties has submitted a development application for the first phase of their 550 Cottonwood Avenue project in the Burquitlam area of Coquitlam.
A master plan for the 6.7 acre site, which is currently improved with 12 walkup apartment buidlings, was originally approved in 2019. It envisions two rental towers, four condo towers, a daycare and amenity building, and park dedication.
The plan for Phase 1 of the project is two towers :
Phase one is located in the Northeast corner of the site.
The architect for the project is Rafii Architects.
PARC Retirement Living has submitted a new rezoning application for their proposed seniors highrise at 1015 Austin Avenue in Coquitlam.
A previous application from 2022 granted second and third readings but Council raised some minor concerns about the design of the project.
The site is 24,830 SF and is located in the Austin Heights Neighbour Plan area of Coquitlam.
The current proposal is for a 21-storey high rise with independent living units and below market seniors rental units.
Details include:
The architect for the project is Francl Architecture.