PCI Group and Low Tide Properties have submitted their formal rezoning application for 455-485 Great Northern Way, located directly West of Emily Carr.

The proposal envisions a 20-storey office building with a 4-storey podium and two 35-storey rental towers. Details include:

• 548 rental units;
• 20% below market;
• 71,000 SF of retail space;
• 344,000 SF of office space;
• a total density of 6.41 FSR;
• A maximum building height of 373 ft.;
• A publicly accessible open space integrated with the future Emily Carr SkyTrain station;
• A childcare facility (94 spaces) dedicated turnkey to the City; and
• 470 vehicle parking spaces and 1,848 bicycle spaces.

This application is being considered under the Broadway Plan.

The architect for the project is Perkins & Will.

The full application package can be viewed here: https://www.shapeyourcity.ca/455-565-great-northern-way-and-1850-thornton-st

I am pleased to present for sale 3030 Gilmore, a 37,500 SF office building located on a highly visible & accessible 1.50-acre corner lot in Burnaby.

This is an ideal opportunity for a user group looking for vacant possession of a freehold, move-in ready office building in a great location with strategic proximity to Highway 1 offering the unique ability for visibility and brand exposure as well as easy access to all areas of Metro Vancouver.

The building underwent significant renovations in 2020 and features a gym, games area, two kitchens and a storage area.

Floors: 2
Building Area: 37,471 SF
Private Offices: 72
Meeting Rooms: 10
Surface Parking: 88 stalls

The building can be demised for multiple tenants and can be expanded. The large lot can also be redeveloped entirely for a wide variety of commercial or light industrial uses

For further details: https://www.collierscanada.com/en-ca/properties/for-sale-3030-gilmore-burnaby/can-3030-gilmore-diversion-burnaby-british-columbia-v5g-3b4/can2015552

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 :

• a 37-storey tower with 347 market rental units (incl. 54 non-market units)
• a 30-storey tower with 275 condos;
• a 2-storey amenity/daycare building;
• 1.67 FAR (on entire site area – 5.50 FAR max for the site)
• an extension of Cottonwood Park.
• $3.6 Million in DCCs
• $4.8 Million in density bonuses.

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:

• 154 independent living rental units;
• 16 below market rental units;
• a total density of 5.50 FSR;
• 2,400 SF of ground floor retail space (3 CRUs).

The architect for the project is Francl Architecture.