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Apartment, Condo, Development

Market Spotlight: Burnaby Rezoning Applications

Several notable rezoning applications go to City of Burnaby council next week. A brief summary of the proposals heading for first reading is included below:

5868 Olive Avenue

Polygon is proposing a new 34-storey condo tower for this site in the Metrotown area. The development will 261 market strata units, 47 non-market rental units and one market rental unit. The total proposed density for the project is 5.0 FAR. The rezoning is based on the RM5s and RM5r guidelines in the Metrotown Downtown Plan.

5900 Olive Avenue

On the adjacent site to the South, Polygon is also proposing a 38-storey condo tower and a 6-storey market and non-market rental building. There are 475 units in total including 339 condo units and 118 rental units for a total of 786 units between the two sites.


6280 and 6350 Willingdon Avenue

Wesgroup is proposing two condo and rental towers with podium frontage in the Maywood neighbourhood of the Metrotown Downtown Plan. The 78,550 sq ft site is located on Willingdon Avenue south of Beresford Street. The proposed development plan is for a 35-storey condo tower and a 38-
storey condo and non-market rental tower. Both buildings will be oriented
towards an internal court yard with an 8-storey podium. In total, the project will have 733 units, including 617 condos and 116 rental units. The total density will be 7.13 FAR.

October 24, 2021by david.taylor@colliers.com
Apartment, Condo, Development, Retail

Polygon Proposing 8 Towers, 2,600 Units for Former Coquitlam School Site

Polygon has submitted their formal development application for the former Coronation Park Elementary School site that they own on the Western border of Coquitlam, adjacent Port Moody’s municipal boundary.

Polygon acquired the 10-acre site, which includes the former school and an assembly of 7 adjacent single family lots to the South, in 2016. It is designated for high density residential use in the City of Coquitlam’s City Centre Area Plan.

The site is directly East of another major master plan community in the works by Wesgroup, at Coronation Park on the Port Moody side. The site is about 350 metres from Inlet Centre Station.

Polygon’s preliminary proposal for the site includes eight towers in a multi-phased and predominantly residential development. Details of the overall plan include:

  • Up to 8 project phases;
  • 6 condo towers and 2 market rental towers ranging from approx. 30-50 storeys in height;
  • 2,558 total residential units;
    • 1,968 condos;
    • 590 rental units including 98 units below market;
  • a total density of 5.22 FAR;
  • a one acre public park in the Northwest corner of the site;
  • a new north/south road that connects Barnet Highway to Palmer Avenue;
  • 3,600 sq ft of retail space in Phase 1;
  • a 24,000 sq. ft. standalone amenity building;
  • a 6,000 sq. ft. childcare facility (capacity for approximately 37 children) in Phase 4.

The estimated full build out date for the project is 2038.

The application could proceed for consideration of First Reading by council sometime in mid-2022 and may include refinement related to the location of the daycare and the amount of rental housing.

October 22, 2021by david.taylor@colliers.com
Condo, Development, Retail

4-Storey Condo/Retail Building Planned for Dunbar & 41st

Gryphon Development has applied to the City of Vancouver for permission to develop the former Scotiabank property at 5659 Dunbar Street, a 16,376 SF site at the Northwest corner of Dunbar and West 41st.

The site has been used as a presentation centre by Gryphon since their acquisition of the site in 2017.

The plan for redevelopment of the site is a 5-storey mixed-use building containing retail uses on the first and second floor and condos above, with:

  • 25 condo units;
  • 4 one-bedrooms, 14 two-bedrooms & 7 three-bedrooms;
  • 10,321 sq ft. of retail space;
  • a total density of 2.50 FSR;
  • A building height of 45.3 ft.;
  • Two levels of underground parking providing 48 parking stalls.

Under the site’s existing C-2 zoning(External link), 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 IBI Group.

The full development application can be viewed here: https://shapeyourcity.ca/5659-dunbar-st

October 18, 2021by david.taylor@colliers.com
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