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Apartment, Development

Rezoning Plan for Lougheed Village Site Includes Two New Rental Towers

A rezoning application has been submitted to the City of Burnaby for Lougheed Village, a 7.4 acre rental apartment property that is currently improved with two 25-storey concrete high-rise apartment buildings and two 9-storey mid-rise apartment buildings. The site has a total of 528 current rental apartment units.

lougheed villageThe property was acquired in December 2015 by Starlight Properties, based in Toronto, for $160 Million. Located within the Lougheed Town Centre Plan area, the property’s value was partially based on the potential to add density, now the subject of a current rezoning application. The rezoning calls to use the RM4s and C1 zones as the basis for a redevelopment that includes four new residential buildings and reconfiguration of some of the existing buildings.

The site fronts Lougheed Highway, but has an address on Erickson Drive.

Details include:

  • a new 36-storey rental apartment tower (south tower)
  • a new 22-storey rental apartment tower (north tower)
  • a new 8-storey rental apartment midrise (“middle lodge”)
  • a new 3-storey rental townhouse building
  • demolition of the 2nd storey of existing commercial building
  • conversion of existing larger penthouse units into 43 new smaller units
  • creation of new amenity spaces
  • 645 total new rental units
  • 1,173 rental units in total
  • total density of 3.6 FAR (up from existing 1.88 FAR)

lougheed-village_1The site sits just one block West of Shape’s large scale mixed-use development “The City of Lougheed” currently in initial stages of development.

If supported at Council, the application will move forward to a more detailed package that would be presented at a public hearing early next year.

November 21, 2016by david.taylor@colliers.com
Development

Market Update: Burnaby Rezoning Applications

Here is a brief roundup of rezoning applications going before City of Burnaby council this week:

6837-6875 Royal Oak Avenue

6837-royal-oakThe plan for this 27,229 SF site in the Royal Oak area is for a 4-storey residential building with 54 units. The project will also have 8,106 SF of retail on the ground level and 106 underground parking stalls. The site is currently zoned M4light industrial and is occupied by older warehouse buildings. The project is being developed under the C9 Urban Village designation to a total density of 2.19 FAR.

6695 Dunblane Avenue & 4909-4971 Imperial Street

6695 Dunblane_1Transca Development initially submitted a rezoning application for this L-shaped site earlier this year, and the plan is now likely heading to public hearing. The proposal is a single 36-storey apartment tower with a 2-storey form fronting Nelson Avenue, a 3-storey residential form fronting Dunblane Avenue, and a 4-storey form fronting Imperial that includes 2-storey townhouses with double height amenity space above. There will be a total of 313 units, and a total density of 5.11 FAR per the RM-5s designation.

6921-6965 Arcola Street

6921-arcolaThis site is an assembly of six single family lots in the Edmonds area. The lots are currently zoned R5 but are being rezoned to RM3 based on the Edmonds Town Centre Plan. The proposal for the site is a 3-storey stacked townhouse development with underground parking. All the units are 3-bedrooms and range between 1,237 SF and 1,496 SF. The total density is 1.1 FAR.

October 23, 2016by david.taylor@colliers.com
Development, Market Research

Market Spotlight: Burnaby Rezoning Applications

A number of rezoning applications head to Burnaby City Council this week. Below is a brief summary of some of the larger projects planned.

4460-4482 Juneau Street

4460-juneauSolterra owns this three-lot assembly of older M1 zoned industrial buildings along Willingdon Avenue at Juneau Street in the Brentwood area. The plan for the site is a 25-storey tower with townhouses under the RM-4s designation. There is a 23-storey tower just across Juneau Street at second reading.


6525-6585 Sussex Avenue

6525-sussexThe plan for this 57,116 SF Metrotown site at Sussex and Beresford is for a mixed-use high-rise and low-rise market residential apartment building including retail and office uses. The project will also include a separate non-market housing building developed in conjunction with B.C. Housing. The proposed density is 5.0 FAR per the RM-5s and C2 guidelines. The site was acquired by Thind Properties in May 2016 for $32,680,000.


7422-7470 Buller Avenue

7422-bullerThis 132,000 SF site is currently occupied by a multi-tenant warehouse building and is located next to a section of former rail line in the Royal Oak area. The site is designated for medium-density residential development, and the application is for a mix of stacked-townhouses and traditional townhomes with full underground parking to a density of 1.1 FAR.


5180 Lougheed Highway

5180-lougheedAnother highrise condo tower is being planned for the Brentwood area; this one at the corner of Lougheed Highway and Springer Street. The 51,204 SF site is currently occupied by two older industrial buildings owned by Beedie Living. The plan calls for a 269,000 SF tower with 250 to 300 residential units. The concept includes “breaks” throughout the building to add visual interest to the massing and scale of the tower.

October 3, 2016by david.taylor@colliers.com
Development

First Tower at City of Lougheed to Include 566 Units

Shape Properties is proceeding with a formal rezoning application for the first residential tower in The City of Lougheed, the project name for the 40-acre Lougheed mall site that was approved for redevelopment under a master plan earlier this year to include 23 residential towers.

The application for the first phase of the project is in a prominent part of the site at the Southeast corner (Northwest corner of North Rd and Austin Ave). The plan includes:

  • a 55-storey residential tower
  • a total building height of 520 ft.
  • 566 units
  • 517,000 SF of residential area
  • a total density of 2.60 FAR
  • 590 underground parking spaces

The application describes the design: “The floor plates of the subject Tower 1 are arranged in two massing volumes that offer a different height extrusion of one part against the other. The larger of the two parts extends up to 55 storeys while the smaller part sits at 47-storeys. This arrangement provides for a landscaped terrace and exposed elevator core.”

lougheed-city_1

September 19, 2016by david.taylor@colliers.com
Development

Construction Update: The Amazing Brentwood

Above ground construction efforts continue at the Amazing Brentwood, the redevelopment of Brentwood Town Centre Mall in Burnaby by Shape Properties. The project is one of the largest mixed-use development currently under construction in Metro Vancouver.

The project, which broke ground on its first phases in 2015, will feature 11 towers and over 6,000 units once complete. It will also include a considerable new retail component with over 250 new stores.

The first 3 towers have now sold out, representing about 1,400 units.

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courtesy mcminsen http://po.st/rJ0jPB via @imageshack

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courtesy mcminsen http://po.st/FIlASK via @imageshack

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courtesy mcminsen http://po.st/rF60Wk via @imageshack

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courtesy mcminsen http://po.st/rpGrdn via @imageshack

September 5, 2016by david.taylor@colliers.com
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howard__24 Howard Chai @howard__24 ·
5 Mar

Exclusive:

Brookfield has flipped the Shangri-La Vancouver (now Hyatt) retail podium to Aquilini Group for $55 million. Brookfield bought the property last summer.

Full story:

https://howardchai.substack.com/p/shangri-la-vancouver-hyatt-retail-brookfield-aquilini

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

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