We are pleased to present this phenomenal opportunity to secure a 6-lot, 54,044 SF land assembly located at the Southwest corner of Oak Street and West 37th Avenue, directly across the street from Vandusen Gardens and Oak Meadows Park.
The site is designated for rezoning to RM-8AN per the Cambie Corridor Plan and would support the development of approximately 70 ground oriented units.
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A redevelopment plan for the Telus Boot site includes 4 high-rise residential towers above mixed use podiums, with retention of the iconic building and significant densification of the site.
The preliminary rezoning application was submitted this week by PC Urban for a major redevelopment of 3777-3791 Kingsway, the 6.6 acre site which is home to the iconic “Telus Boot” building. The building, also known as Brian Canfield Centre, is located at Kingsway and Boundary Road in the Metrotown area of Burnaby.
The existing building is a 22-storey, 690,000 SF L-shaped office building built in 1976 as the headquarters for BC Tel (now Telus), although it no longer functions as the company’s head office. A large portion of the overall site is improved with surface parking ripe for development.
Under the Metrotown Downtown Plan, the site is now designated for high-density mixed-use development.
The preliminary plan outlined in a report going to city council next week describes the following concept:
Further details including concept massing, renderings and an architect will be revealed in a future report as the application progresses.
A 50% interest in the property was last sold to a fund managed by Crestpoint Real Estate in 2014 for $86,500,000. H&R REIT had previously acquired the entire property for $150,000,000 in 2006.
Cressey has submitted their formal rezoning application for the former Esplanade Theatre site in North Vancouver that they acquired in 2018. A preliminary application and public consultation took place in 2019.
The site is the second major rental development Cressey is working on in the City of North Vancouver, with 281 units proposed for a site in Central Londsale.
The 18,000 site is located at the northwest corner of West Esplanade and
Chesterfield in the Lower Lonsdale area.
The site is designated Mixed Use Level 4A (High Density) in the City of North Vancouver’s OCP. This designation allows for a maximum density of 3.6 FSR (including 1.0 bonus FSR).
The proposal calls for a new rental apartment building with retail on the ground floor. Details include:
The architect for the project is Rafii Architects Inc.