Forum Asset Management has submitted a preliminary for a large-scale, multi-phase student housing project on the Eastern border of Burnaby, at the bottom of the hill below SFU.

The 3.7 acre site is an assembly of 16 single family lots on the East side of Rathburn Drive at Broadway. It is designated in the Burnaby 2050 Official Community Plan Draft as Mid Rise Apartment 1, which supports mid-rise residential apartment buildings of up to 12 storeys.

The preliminary proposal for the site calls for four terraced buildings, up to 16-storeys, and includes:

• 950 student housing units
• 450 market rental units
• Two phases

The architect for the project is Gensler.