Shape Properties has submitted a rezoning application to amend the master plan for their 28-acre ‘Amazing Brentwood‘ site in the Brentwood Town Centre area of Burnaby.

The master plan for the Amazing Brentwood site was originally approved in 2013 and included 11 residential towers in addition to substantial retail and commercial space. Subsequently, five towers have been completed (or under construction), with two further towers in the application phase. The remaining density on site is now subject to the City of Burnaby’s Rental Use Zoning Policy (RUZP), adopted in 2021.

Furthermore, on November 30, 2023, the BC Legislature granted Royal Assent to Bill 47- 2023
Housing Statutes (Transit-Oriented Areas) Amendment Act 2023. Bill 47 enables the Province to mandate specific densities, size, and/or dimensions of buildings within transit-oriented areas (TOAs) based on specific distances to transit stations, and restrictions on residential off-street requirements within these
TOAs. The Amazing Brentwood site is within a 200m radius of the Skytrain Station, thereby requiring the City of Burnaby to permit a minimum 5.0 FAR density for the site.

Shape is now proposing a variety of amendments to the Master Plan to accommodate the required additional nonmarket inclusionary rental density, associated offset density and new TOA policy.

The proposed changes are summarized as follows:

• Increased tower heights up to 80-storeys at centre of site;
• An additional 4.7 Million SF of residential density (2.4M SF minimum rental);
• No additional commercial floor area (the RUZP allows 50% of comm density as rental residential);
• Addition of childcare space;
• Additional green space.

Amacon has submitted a rezoning application to the City of Burnaby for 46,640 SF site at 2211-2271 Rosser Avenue in the Brentwood Town Centre area.

The application proposed a highrise development as well as a density transfer from a nearby site at 5166 Halifax Street.

The Rosser site is currently improved with older industrial units and a residential sales centre. Under the Brentwood Town Centre Development Plan, the site is designated for medium to high-density mixed-use development utilizing the RM4, RM4s, RM4r, and C9 Districts as guidelines.

The proposal for the Rosser site includes:

• a 61-storey highrise;
• 541 residential units, including:
• 442 condos
• 27 market rentals;
• 72 non-market rentals;
• 172 hotel rooms in 11-storey podium;
• a total density of 11.45 FAR;
• 614 underground parking spaces.

Regarding the density transfer, the City notes: “A density transfer will facilitate the replacement of ageing rental units at the Halifax Site, as well as provide additional non-market and market rental units, while maintaining a scale of development that is in keeping with the intent of the Plan and adjacent developments. As outlined in that report, the construction of both sites will be phased, with the subject site (Rosser Site) proceeding to occupancy prior to the redevelopment of the Halifax Site. This would provide the opportunity for residents of the Halifax site to relocate to the Rosser Site on an interim basis, until the Halifax Site attains occupancy and their replacement rental units can be occupied.”

Millenium Development has submitted a rezoning application to the City of Burnaby for a 1.3 acre site at 4141 Lougheed Highway in the Brentwood Town Centre area.

The site is located on the north side of Lougheed Highway between Madison Avenue and Gilmore Avenue and sits in the recently approved Buchanan West Master Plan subarea. The site is currently improved with an older industrial warehouse building and surface parking.

The proposed rezoning is for a two tower mixed use development utilizing the RM5s, RM5r
and C3 districts.

Details of the proposal include:

• 62-storey & 54-storey towers;
• 10-storey hotel podium;
• 824 residential units, including:
• 488 condos;
• 246 market rental units;
• 80 non-market rental units;
• 280 hotel rooms;
• a total density of 13.33 FAR;
• 794 underground parking stalls on 8 levels.

Millenium has previous experience in developing condo/hotels including the L’Hermitage building on Richards Street in Downtown Vancouver which is a 28-storey condo project with a 60-unit boutique hotel on the bottom floors.

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.