The City of Burnaby will next week consider approval for the long anticipated Conceptual Master Plans of two neighbouring large-scale development sites in the Bainbridge Urban Village area being developed by Peterson Group and Create Properties.

The two sites are:

“Burnaby Lake Village”

• 6800 Lougheed Highway
• 19 acre site
• formerly owned by Saputo & acquired by Peterson Group in 2018

“Burnaby Lake Heights”

• 7000 Lougheed Highway
• 14 acre site
• formerly owned by Telus Pension Fund & acquired by Create Properties in 2021

The Bainbridge Urban Village Community Plan was adopted by the City in 2022 which paved the way for the master plans for these two sites, which are the largest sites in the plan area and anticipated to have the highest densities by virtue of their proximity to the Sperling-Burnaby Lake Skytrain station.

The overall concept for is a “village core mixed-use development”, with high-density residential and commercial uses to the north and south, and park space and community uses to the west.

Both Peterson and Create have undertaken considerable design development and public consultation over the past few years and are ready to proceed with their initial development phases.

The proposed Conceptual Master Plans establish the general built form, uses, building heights, signage guidelines, proposed subdivision and phasing plans. The next step for each site is individual rezoning applications for each phase.

Below is an overview of each Master Plan:

Burnaby Lake Village – 6800 Lougheed Highway

• 14 residential and mixed-use buildings from 12 to 25-storeys;
• over 4,800 units;
• condo, market & below market rental residential;
• retail, office, childcare, medical, grocery & hotel;
• potential for seniors, industrial and brew pub space;
• community gathering hall;
• two new public streets;
• a forest walk trail;
• buildout over 5 main phases;
• maximum permitted density of 5.05 FAR or 4.1 Million SF.

Burnaby Lake Heights – 7000 Lougheed Highway

• 12 residential & mixed-use buildings ranging from 8 to 16-storeys;
• over 3,500 units;
• condo, market & below market rental residential;
• retail, office, medical, grocery & hotel;
• potential for seniors and industrial space such as brew pubs;
• community club building including childcare, non-profit, meeting & fitness space;
• two new public streets;
• a forest walk trail;
• buildout over 4 main phases;
• maximum permitted density of 5.05 FAR or 3.2 Million SF.

Peterson Group has applied to the City of Vancouver to develop a site at the Southeast corner of East Boulevard and West 43rd Avenue in the Kerrisdale neighbourhood of Vancouver.

The plan for the 19,515 SF site includes a new 6-storey rental apartment building, allowable under the existing C-2 zoning:

• 79 market rental units;
  • 25 studios, 24 one-bedrooms, 25 two-bedrooms & 5 three-bedrooms;
• a total density of 3.70 FSR;
• 87 underground parking stalls.

The architect for the project is NSDA Architects.

Jadasi Development has submitted a rezoning application for the Fountain Tire site at 880 West 15th Street in North Vancouver.

The 13,202 SF site is located mid-block in the 800-block of West 15th Street, between Fell Avenue
and Marine Drive and is designated Mixed Use Level 2 in the Official Community Plan. This designation allows for a mix of commercial and residential uses with a maximum density of 2.5 FSR and a maximum height of 6-storeys.

The proposal is for a new 5-storey rental building that includes:

• 41 rental units;
  • 6 studios, 20 one-bedrooms, 10 two-bedrooms & 5 three-bedrooms;
• 3,552 SF of retail space;
• a total density of 2.50 FSR;
• 32 parking spaces.

The architect for the project is Gateway Architecture.

A rezoning application has been submitted for a site at 5019-5039 Payne Street in the Joyce-Collingwood area of East Vancouver.

The proposal is to allow for the development of a 14-storey condo building that includes:

• 117 condo units;
  • 76 studios/1-Beds, 37 two-bedrooms and 4 three-bedrooms;
• A total density of 4.50 FSR;
• A building height of 140 ft.; and
• 78 vehicle parking spaces and 306 bicycle parking spaces.

The application is being considered under the Joyce-Collingwood Precinct Plan.

The architect for the project is Opulence Architecture.

Keltic Development has acquired the 4.3 acre Revs Bowling & Entertainment site at 5502 Lougheed Highway in the Brentwood Area of Burnaby for $94,000,000.

The site is improved with a bowling alley but has long been targeted for redevelopment given it’s designation as High Density Residential within the City of Burnaby’s Brentwood Community Plan.

Macdonald Commercial’s marketing brochure from 2021 indicates that the maximum potential density for the site is 8.30 FAR, which could yield over 1.5 Million SF of residential density.