We are pleased to present this 14-acre residential/mixed-use development site in Burnaby, located adjacent the Sperling-Burnaby Lake Station.

Please download our brochure for further information about the Property.

Landa Global has acquired a 3.4 acre development site on Elmbridge Way in the City Centre area of Richmond for $60 Million. The site is designated Urban Centre T5 within the Oval Village subarea of the City Centre Area Plan.

A rezoning application had been submitted by the previous owner to allow a high-density mixed use residential hotel development in three towers.

The site at 6851 & 6871 Elmbridge Way had been listed for sale with Avison Young in 2019:

We reported the site’s previous sale in 2014. The purchase price at that time was $31,300,000.

A rezoning application has been submitted by Gryphon Development for a site at the Northwest corner of Cambie and West 49th Avenue, across the street from the Langara/49th Skytrain Station.

The 36,720 SF site at 6409-6487 Cambie Street is currently zoned for duplexes, but was redesignated to allow medium density development.

The proposal consists of a 10-storey mixed-use building over two levels of underground parking with:

• 127 condo units;
  • 21 studios, 36 one-bedrooms, 53 two-bedrooms & 17 three-bedrooms;
• 10,688 SF of retail space;
• 27,286 SF of office space on the 2nd and 3rd floors;
• a 37-space childcare facility on level two;
• A building height of 131 ft.;
• A total density of 4.09 FSR; and
• 163 underground parking spaces and 306 Class A bicycle spaces.

The application is being considered under the Cambie Corridor Plan.

Gryphon acquired the site in 2018 for $59,950,000, or $535 per buildable SF based on the application.

The architect for the project is Acton Ostry Architects.