A rezoning proposal has been put forward to develop a phased commercial development at 2020 Boundary Road, a site the Northeast corner of Lougheed and Boundary Road in Burnaby. Translink sold the site last year to the Open Road Auto Group for $19.2 Million.

The development will consist of:

• two or three high-end auto dealerships
• a 4-storey fully enclosed glass structured car parkade
• an 8-storey, 85,000 SF office building with underground parking and grade level retail uses
• a total density of 0.77 FAR

The auto dealerships are proposed to be the first phase of the development, with the commercial uses later.

Construction on Telus’ new Downtown Vancouver headquarters is now progressing above ground. The 22-storey complex is scheduled to be complete in early 2015.

Telus Office Tower Construction

All photos courtesy of Built Form on SSP.

The design for a proposed 32-storey office building at the corner of Granville and Cordova (currently a multi-level parking garage) have been changed in advance of an Urban Design Panel meeting next week. As we reported last year, the project is for an office tower with a density of 25.5 FSR and 380,000 sq. ft.

Here’s a look at the new design:

Photos courtest: Built Form @ SSP

Investors Group has sold Newton Commerce Centre in Surrey for $7,000,000. The vacant office building, located at 76th Avenue and 130th Street, is a two-storey building built in 2001. The building is 42,500 SF, making the sale $165 per SF.

Investors Group has sold 6651 Fraserwood Place in East Richmond in a deal worth $12,000,000. The building, approximately 15 years old, is a 2-storey office/flex building with a total of 91,450 SF. The building had been substantially vacant and for lease for some time.