PCI Group has submitted a rezoning application for a site at West 4th Avenue and Ontario in Mount Pleasant.

The site is a combination of two parcels, one fronting West 3rd Avenue. The combined site area is 72,468 SF.

The proposal is to allow for the development of two 12-storey and 11-storey mixed-use industrial and office buildings with industrial and retail on the ground floor on two parcels separated by a lane and includes:

• An overall density of 6.60 FSR;
• A total buildable area of 442,251 SF, and
• Four levels of underground parking.

5 West 4th Avenue (South / Heritage building)

• 11-storey building;
• A building height of 170 ft.;
• 119,906 SF of light industrial space;
• 80,475 SF of office space;
• 20,365 SF of retail space;
• Retention of the 36,000 SF Dominion Steam Laundry Heritage building;
• Childcare facility within the heritage building; and,
• 244 underground parking spaces and 193 bicycle parking spaces.

4-36 West 3rd Avenue (North Building)

• 12-storey building;
• A building height of 181 ft.;
• 119,906 SF of light industrial space;
• 90,268 SF of office space;
• 39,343 SF of retail space;
• 141 underground parking spaces and 66 bicycle parking spaces.

This application is being considered under the Broadway Plan.

The architect for the project is Perkins & Will.

Quadreal has submitted their formal rezoning application for the redevelopment of the parking lot at Kingsway and Prince Edward Street, adjacent the Mount Saint Josephs Hospital.

The 1.21 acre site was acquired by Quadreal in 2019 for $29,100,000 and is currently a surface parking lot.

The site is located in the Mount Pleasant Centre Area (MCEC) of the Broadway Plan. The MCEC Policy Area permits tower forms up to a maximum height of 25-storeys and a maximum density of 8.5 FSR.

The proposal is for 25-storey and 32-storey buildings with a podium and includes:

• 542 rental units;
• 428 market rental;
• 114 below market rental (20%);
• 16,000 SF of ground floor retail space;
• a 5,000 SF, 37-space private childcare facility;
• a total density of 8.50 FSR;
• A building height of 269 ft. with additional height for rooftop amenity space;
• 297 underground parking stalls.

This application is being considered under the Broadway Plan.

The architect for the project is Acton Ostry Architects.

The full rezoning application can be viewed here: https://www.shapeyourcity.ca/2950-prince-edward-st

The City of Burnaby is seeking Council approval on draft Development Cost Charge (DCC) and Amenity Cost Charge (“ACC”) rates, the latter of which is a new charge being developed by each municipality in Metro Vancouver as a result of new Provincial legislation.

Through Bill 46 – Housing Statutes (Development Financing) Amendment Act, 2023, the Province introduced a new tool, ACCs, to help local governments finance services and amenities through development.

Concurrent with updating their OCP, Burnaby will be re-writing their zoning bylaws to comply with and respond to the recent changes in Provincial legislation, including interim updates to meet the June 30, 2024 deadline for the City to: (1) amend the Zoning Bylaw to permit Small Scale Multi-Unit Housing (SSMUH) on lots currently zoned for single and two family housing; and (2) designate all Transit Oriented Areas (TOAs) within Burnaby that are subject to the minimum TOA density and height requirements prescribed by the Province.

ACCs can be used to collect funds for growth-related facilities or features that provide social, cultural, heritage, recreational or environmental benefits to a community. These include, but are not limited to, recreation and community centres, libraries, and childcare facilities.

If Council agrees with the proposed DCC and ACC rates as outlined above, then staff will move forward accordingly; bringing forward a future report with the final recommended DCC and ACC rates for approval at the March 25 Council meeting.

Staff will then forward the DCC Bylaw to the Provincial Inspector of Municipalities for approval. Approval of the Inspector is required for the DCC Bylaw but is not required for the ACC bylaw. The Inspector’s office has indicated that their DCC review process currently takes between 8 to 10 weeks.

Once the City receives Inspector approval of the DCC Bylaw, the DCC Bylaw and ACC Bylaw will be advanced for Final Adoption. The goal is for both the new DCC bylaw and ACC bylaw to be in place before the June 30, 2024 deadline.

If you’re an owner of a property within a Transit Oriented Area (TOA) and are interested in learning more about the ACC rates and their attendant impact on property values, please reach out to us.