Beedie Living has submitted an application to rezone a 10-acre site that they own at 3676 Bainbridge Avenue in the Bainbridge Urban Village area of Burnaby.

The site is currently improved with older lowrise industrial buildings zoned M2 and M5 industrial.

The site became designated for mixed use residential when the Bainbridge Urban Village Community Plan was adopted by the City of Burnaby in 2022.

The preliminary application indicates that the overall development will include “a mixture of 6-storey below-market rental buildings, 6-12 storey strata buildings, and 4-storey stacked townhomes.”

Other details include:

• 1,000 – 1,100 residential units;
• 20% affordable rental units at 20% below CMHC median rents;
• a total density of 2.20 FAR (970,000 SF)
• road upgrades and new public green space.

The site has a current assessment value of $80,789,300.

This site is located near a similarly designated development site that we have just listed at 7022-7036 Greenwood Street.

We are pleased to present an opportunity to acquire a woodframe development opportunity in Burnaby’s emerging Bainbridge Urban Village area.

Highlights

• 39,600 SF site (150’ x 262’) with Bainbridge Urban Village Plan designation allowing up to 3.0 FSR 
• Potential to assemble neighbouring lot at 7008 Greenwood Street for a combined site of 1.51 acres / 66,000 SF (250 ft. site frontage)
• Gross density of 200,000 SF or approximately 250 residential units, with sufficient site area to provide inclusionary units in separate low-rise building
• Located directly across from large scale concrete projects: Burnaby Lake Village and Burnaby Lake Heights that will provide significant new retail, park and amenity space

Please click here or contact us for further information including price guidance.

Canderel has submitted their rezoning application for a site they own at 3695 North Road in the Burquitlam area of Burnaby.

The 1.32 acre property is currently improved with a gas service station and an older two-storey office commercial building.

The proposal calls a 56-storey condo tower and a 43-storey non-market and market rental building, inclusive of a 10-storey commercial podium with an office component and street-fronting retail.

The rezoning would be based on the RM5s, RM5r and C3 zoning districts.

Details of the proposal include:

• 772 residential units;
• 456 condo units;
• 239 market rental units;
• 77 non-market rental units;
• Building heights of 612 ft. and 504 ft.;
• 164,000 SF of office space, 9,000 SF of retail space;
• a total density of 13.10 FAR (750,000 SF);
• 1,038 parking spaces.

The site sits adjacent to another large scale development proposal, including an 80-storey tower, by Pinnacle International.

The architect for the project is Chris Dikeakos Architects.