The sale of Saputo’s 19-acre Burnaby plant to Peterson Group has completed for $209,000,000. The site at 6800 Lougheed Highway had been listed by Cushman & Wakefield in early 2017. 

Saputo will relocate their operations to a new processing plant on a 20 acre site on Kingsway Avenue in Port Coquitlam, which is expected to be completed within the next three years. In the interim, their sale deal with Peterson envisions a lease back until their new plant is ready in 2021.

Redevelopment plans for the Lougheed site have yet to be revealed; however, previous planning efforts for the Bainbridge area anticipated a higher density mixed use development given the site’s location adjacent a Skytrain station.

Paulsun Holdings Ltd. has submitted a rezoning application to the City of Port Moody for three single family lots located at 2301, 2305, and 2307 Clarke Street. The 26,144 SF site is located in the Moody Centre area of Port Moody’s OCP, which permits a range of low- to medium-density building forms, including townhomes.

The proposal for the site includes:

• 30 stacked townhouse units;
  • 22 two-bedroom and dens, 8 three-bedrooms;
• a total density of 1.42 FAR;
• 47 underground parking spaces
• A CAC payment of $180,000 ($6,000 per unit)

The architect for the project is Jordan Kutev.

A development application has been submitted for a corner lot in Mount Pleasant. The site at 2425 Manitoba Street, across West 8th Avenue from Jonathan Rogers Park, is 5,049 SF. The site is zoned I-1 which allows for up to 3.0 FSR density with mixed commercial and industrial uses.

The development proposal for the site is a new 4-storey mixed use building that includes:

• two levels of manufacturing (ground and mezzanine)
• three levels of office space
• a total building size of 15,159 SF;
• a total density of 3.0 FSR;
• a total building height of 60 ft.
• two-levels of underground parking with 20 stalls accessed from the rear lane.

Under the site’s existing I-1 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is MGBA.