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Apartment, Condo, Development, Retail

Four Tower, 1,200-Unit Project Planned for Burquitlam Site

Intergulf has submitted a rezoning and development permit application to the City of Coquitlam permit the development of a high density residential development on a 3.8 acre land assembly at the Northeast corner of Clarke Road and Como Lake Avenue in the Burquitlam-Lougheed Neighbourhood Plan.

The existing site is comprised of six buildings including rental, strata, duplex and commercial buildings. The site is located 900 feet from Burquitlam Skytrain Station.

Details of the proposed multi-phase development include two condo towers of 40 and 33-storeys on top of a commercial podium, as well as a 5-storey non-market rental building in Phase 1, and a 27-storey condo tower and 30-storey market rental tower in Phase 2.

Overall details of Phase 1:

  • 663 condo units;
  • 47 non-market rental units;
  • 20,000 SF of retail space;
  • 6,000 SF of daycare space;
  • 1,044 parking spaces;
  • building heights of 420 ft & 365 ft.

Overall details of Phase 2:

  • 213 condo units;
  • 280 market rental units.

The overall density is 5.80 FAR.

The architect for the project is IBI Group.

July 24, 2020by david.taylor@colliers.com
Apartment, Condo, Development, Retail

120-Unit Tower Planned for Metrotown Site

SVM Homes has applied to the City of Burnaby to develop a 24-
storey condo and rental tower at 4330 Maywood Street, currently the site of an older 27-unit rental complex.

The 19,000 SF site is located within the Maywood neighbourhood of the Metrotown, which designates the site RM4s and RM4r Multiple Family Residential Districts. C2 Community Commercial District is also included given the site’s proximity to Maywood Park. Rental replacement units are also required.

The project is a 24-storey tower that includes:

  • 91 condo units;
  • 28 non-market rental units;
  • 1 market rental units;
  • 13,229 SF of retail space at grade;
  • 146 underground parking spaces;
  • a total density of 6.27 FAR.

The architect for the project is GBL Architects.

The site sold for $13,500,000 in 2018, or $153 per buildable SF market condo density based on the application.

July 24, 2020by david.taylor@colliers.com
Apartment, Condo, Development

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.

July 24, 2020by david.taylor@colliers.com
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