An application to change the zoning has been filed for three buildings in Surrey, close to Gateway Station. The plan consists of 967 residential units spread out among three buildings, along with 984 parking spots for vehicles. The project is required to contribute to community amenities and has received initial approval from the Surrey City Council, with a public meeting on February 12th.

The Specifics Regarding the Planned Development of Three Towers with 37 Floors

The British Columbia city of Surrey has been presented with a proposal to construct three high-rise buildings in a transit-oriented development (TOD) area. The structures would be situated near Gateway Station, at the following addresses: 11151 Bolivar Road, 13340 112th Ave., and 13307 King George Boulevard.

Located within 700 meters of Gateway Station, the site qualifies as a Tier 3 transit-oriented development (TOD) zone according to the recently enacted provincial law. This legislation mandates a minimum floor space ratio of 3 and a minimum building height of eight storeys.

Oviedo Living Surrey, a local company known as Oviedo Properties, is presenting a proposal for the site. At present, the southern section of the site houses an automobile dealership and it is classified as Highway Commercial Industrial (CHI) zoning. Oviedo aims to request a rezoning to Comprehensive Development (CD-1).

The plan consists of three buildings that have a combined sum of 967 living spaces. Building One, located at the bottommost part of the area, will reach a height of 21 floors and comprise 214 units, which include apartments with one, two, and three bedrooms. Additionally, it will feature a commercial retail space measuring 2,557 square feet.

Tower Two, which is linked to Tower One, will of 37 stories and will accommodate a total of 437 units with different dimensions. The construction of these two towers will take place simultaneously, forming a crucial part of the initial phase.

The northern area of the site would feature Tower Three, a freestanding structure that would soar 34 levels and house 316 dwellings.

The project would feature a total of 984 parking spaces for vehicles. In addition, residents would have access to various amenities such as fitness facilities, play areas for children, meeting rooms, and outdoor spaces that include living rooms, sun decks, and a community garden.

Chris Dikeakos Architects, the architectural company responsible for the project, has integrated a distinctive design influenced by the nearby Bolivar Creek. Moreover, they will also enhance and rehabilitate the riparian zone located along the western boundary of the site.

The growth is bound by community amenity contributions (CACs), which encompass fees per dwelling and extra residential space. Surrey City Council has granted preliminary endorsement to the plan and will conduct a public meeting on February 12th.

For more than two and a half decades, Oviedo Properties has been dedicated to constructing exceptional homes that meet the highest standards of quality and durability.

Oviedo Properties is a privately owned company that focuses on project development and construction. The company, based in Surrey, British Columbia, has a team of principals with extensive experience in property development. Oviedo is known for using top-notch materials, demonstrating exceptional craftsmanship, and providing great value, resulting in the creation of exceptional homes.

The principals in the Fraser Valley of British Columbia have constructed neighborhoods consisting of townhouses, condos, and detached houses. The company takes great pride in its projects and attributes their success to the dedicated efforts of a core team comprising architects, designers, reliable suppliers, and skilled workers. Their strong commitment is to ensure that each development becomes a source of pride for the community. Oviedo derives immense satisfaction from putting in the utmost effort to create top-quality homes, providing a happy environment for families to raise their children.

Oviedo Properties: Building Quality Homes for Over 25 Years

Oviedo Properties is a privately owned company that focuses on project development and construction. The company, based in Surrey, British Columbia, has a team of principals with extensive experience in property development. Oviedo is known for using top-notch materials, demonstrating exceptional craftsmanship, and providing great value, resulting in the creation of exceptional homes.

The principals in the Fraser Valley of British Columbia have constructed neighborhoods consisting of townhouses, condos, and detached houses. The company takes great pride in its projects and attributes its success to the dedicated efforts of a core team comprising architects, designers, reliable suppliers, and skilled workers. Their strong commitment is to ensure that each development becomes a source of pride for the community. Oviedo derives immense satisfaction from putting in the utmost effort to create top-quality homes, providing a happy environment for families to raise their children.

Summary

Surrey’s City Hall has been presented with a rezoning application for a triple-tower development in a transit-focused area, close to Gateway Station. Oviedo Properties, a locally based company, is seeking to rezone the land to make way for 967 homes spread across three high-rise buildings, as part of a larger plan to create a vibrant and convenient community. This proposal falls under the third tier of the province’s new legislation aimed at promoting transit-oriented development.

The development project will feature three towers, each with a unique height and number of units. Tower One, situated at the southern edge of the site, will stand 21 storeys tall and offer 214 units. Tower Two, connected to Tower One, will rise 37 storeys and provide 437 units. Tower Three, a freestanding building, will have 316 units and reach a height of 34 storeys. The project will also include extensive indoor and outdoor amenity spaces, totaling 2,946 sq. m and 3,900 sq. m, respectively. The proposal is subject to certain community and affordable housing contributions, and Surrey City Council has already granted first and second readings. A public hearing is scheduled for February 12.

Developers of a high-profile high-rise project in Vancouver’s West End have been placed under receivership, as they owe $82.2 million to the Bank of Montreal. The project, called 1045 Haro Street, consists of a 55-storey condo tower and a 15-storey tower with retail space, a childcare facility, and a public plaza. The owners of the property purchased it in 2018 but have been unable to meet the city’s requirements to move forward with the project. They attempted to sell the property but received offers significantly lower than the purchase price. The Bank of Montreal subsequently filed for receivership to arrange a sale of the property. The appointed receiver will not be able to seek approval for sale offers until April 26.

The Information About The 55-storey Tower In Vancouver’s West End Has Been Placed Under Receivership

A big building project in Vancouver called 1045 Haro Street has hit a roadblock. The developers, Haro-Thurlow Street Project Limited Partnership, are in financial trouble and owe $82.2 million. A bank called the Bank of Montreal has taken legal action and asked the court to appoint someone to take over the project and sell the property.

The project was supposed to include a 55-storey condo tower and a 15-storey tower with 450 condos and 66 rental units. The plan also included retail space, a childcare facility, and a public plaza.

The property is owned by Harlow Holdings Ltd., but the partnership that was responsible for the development is the one in financial trouble. The partnership is made up of several companies, including 11044227 BC Ltd., Forseed Haro Holdings Ltd., and Terrapoint Developments Ltd.

Intracorp Homes, a Vancouver developer, was managing the project, but they are not in financial trouble themselves. The architect for the project is Patkau Architects.

The owners of the property bought it in 2018 for $172.75 million, with financing from the Bank of Montreal and the companies in the partnership. They have been unable to meet the requirements set by the City of Vancouver to move forward with the project, and they have not formally applied for a development permit. One of the reasons for this is that the project would block some views, which is currently being reviewed by the city.

The owners have been in talks with the bank to try to extend the deadline to repay their debt, but the bank has refused. The owners then tried to sell the property, but the offers they received were much lower than what they paid for it. This caused tension between the partners in the project.

The owners missed a payment in July 2023, and the bank demanded repayment. When the owners did not comply, the bank filed for receivership. A receiver is someone who takes control of a property and sells it to pay off the debt.

The appointment of the receiver was approved by the court, but they are not allowed to sell the property until after February 23. They also have to get court approval for any offers they receive.

The property has been appraised at $192 million, but it is unclear if any lenders would recognize that value. The value may have also decreased since then due to various factors such as higher interest rates and construction costs.

If the receiver does start a sales process, they will likely hire a real estate brokerage to help. The offers they receive will be narrowed down before being presented to the court for approval.

Wrapping Up

Major high-rise development project in Vancouver, the developers have been placed under receivership due to an outstanding debt of $82.2M owed to the Bank of Montreal. The project planned for 830-850 Thurlow Street and 1045 Haro Street, was set to include a 55-storey strata condo tower, a 15-storey tower with 450 strata condominiums and 66 rental units, as well as retail space, a childcare facility, and a public plaza. The development site is owned by Harlow Holdings Ltd. and beneficially owned by Haro-Thurlow Street Project Limited Partnership (HTLP), which is owned by several parties. Intracorp Homes is serving as the development manager of the project but is not subject to the receivership application. The owners defaulted on their interest payment in July 2023 and BMO subsequently made a demand for payment on August 29, leading to the receivership application.

BMO is seeking the appointment of a receiver to arrange a timely sale of a property owned by CM Group, as they have lost confidence that the owners are working to repay the debt. The property’s value is disputed, with an appraisal valuing it at $192M based on development potential, but the president of Intracorp Homes expects it to be even lower than the $93M offer submitted by Chard Development. The owners have identified three lenders willing to provide loans to repay the debt, but BMO claims no evidence has been provided. Deloitte has been appointed as the receiver, but will not be able to undertake any sales efforts until after February 23 and cannot seek approval of any sale offers until after April 26.

A townhouse project in Langley, British Columbia, known as The Willoughby, has been put into receivership after owing creditors more than CAD39.9m ($30.5m). The project was being built by Quarry Rock Developments and was partly built with a few townhouses finished and others in various stages of completion. MNP Ltd., the receiver, is winterizing the project to protect the partially built townhouses from the weather and will assess whether to complete the construction of existing homes or sell them as is. Five creditors have been listed, including four mortgage holders on the project.

The Information about Langley Townhouse Project in Receivership, Owes Nearly $40 Million

The new development project at 204 Street has stopped its development.

A townhouse development project in Langley, consisting of 87 units, is currently in receivership, meaning it owes creditors over $39.9 million, according to court documents.

The project, called The Willoughby, is located on 70A Avenue in Langley, specifically on the Willoughby Slope. It was taken over by receivers on November 8, 2023, as ordered by B.C. Supreme Court Justice Joel Groves under the Bankruptcy and Insolvency Act. When a development project is put into receivership, a court-appointed receiver will try to either finish the project or sell it in order to repay the creditors who have not been paid.

The receiver for this project is MNP Ltd., who has submitted documents listing five creditors. These creditors include four mortgage holders on the project: MCAP financial corporation, which claims to be owed $29.6 million, Canadian Mortgage Servicing Corporation, claiming $7.5 million, and Steelcrest Construction, which has a builders lien on the development for more than $2.8 million. There are two other creditors who hold mortgages on the project, but their claimed amounts are listed as “unknown” in the receivership filing.

The first phase of the project has been partially built, with a few townhouses completed and others in various stages of completion. Currently, MNP is taking steps to protect the partially-built townhouses from the weather.

Next, MNP will assess the project and determine whether to complete the construction of the existing homes or sell them as they are. The recommendations will then be presented to the court, most likely in late January or early February.

Attempts to reach Quarry Rock Developments (QRD), the developer of the project, for comment were unsuccessful as their office was closed during the holidays.

In addition, QRD is facing another creditor’s court action over a nearby property on 204 Street. Canadian Western Trust Company has filed a petition with the B.C. courts to foreclose on the property due to a $6 million loan to another QRD holding company. QRD’s lawyers have responded, stating that the total developed value of that property and two adjacent properties will be $230 million, suggesting that there is enough equity in the subject property to pay off the mortgage.

It is important to note that none of the claims mentioned in the filed documents have been proven in court.

Wrapping Up

A townhouse project in Langley, known as The Willoughby, has been placed in receivership after owing creditors over $39.9 million, according to court documents. The project was being developed by Quarry Rock Developments (QRD) and is located on the Willoughby Slope. The receiver, MNP Ltd., has listed five creditors, including several mortgage holders on the project. Phase one of the project is partially built, and MNP is currently winterizing the development to protect it from the weather. MNP will assess whether to complete the construction or sell the project as is and make recommendations to the court in late January or early February. QRD is also facing a separate creditor’s court action over another nearby property.

A new development permit application has been submitted by local developer Peterson Group to redevelop 488 West 43rd Avenue in Vancouver, which will include a 29-storey condominium tower and a 15-storey hotel tower connected by a six-storey base podium with hotel, retail, and restaurant uses. The residential tower will contain 176 strata condominium units, while the hotel tower will have 233 hotel suites. The total building floor area will reach about 330,000 sq ft, and underground levels will provide 310 vehicle parking stalls. The project has gone through ownership changes since receiving rezoning approval in March 2021.

The Details of Next to Oakridge SkyTrain, 15-Storey hotel and 29-Storey Condo Development Is Proceeding

The development of a hotel and condo next to the Oakridge SkyTrain station in Vancouver is moving forward. After receiving approval from the Vancouver City Council two and a half years ago, the project is now being pursued by local developer Peterson Group. They have submitted a new application to redevelop a property at the corner of Cambie Street and West 43rd Avenue. That is 488 West 43rd Avenue (previously 5910-5998 Cambie Street).

The project will include a 29-storey condominium tower and a 15-storey hotel tower. These towers will be connected by a six-storey base podium that will house retail and restaurant spaces. The residential tower will have 176 condo units, while the hotel tower will have 233 suites. The project has undergone some changes since the rezoning approval, including a change in ownership and revisions to the architectural design.

With a mix of 59 one-bedroom, 99 two-bedroom, and 18 three-bedroom units in addition to 10 live-work units, the residential tower will have 176 strata condominium units.

There will be 233 hotel suites in the 174,000-square-foot hotel tower component, comprising 121 one-bedroom units, 12 two-bedroom units, and 4 executive units.

The total floor area of the development will be about 330,000 square feet, which is over ten times larger than the size of the land it sits on. Underground levels will provide parking for 310 vehicles.

The Oakridge area is currently undergoing significant construction due to the Cambie Corridor Plan, which includes various mixed-use tower projects. Peterson Group has also been involved in other major hotel properties in Vancouver and Toronto.

The Fairmont Pacific Rim Hotel, Shangri-La Vancouver, Carmana Hotel & Suites Vancouver, and Shangri-La Toronto Hotel are just a few of the notable hotel properties that the Peterson Group has had at hand.

Overall, the hotel and condo development next to the Oakridge SkyTrain station is progressing, with the new application submitted and changes made to the design and ownership.

Summary

Progress is being made on the development of a hotel and condo complex next to the Oakridge SkyTrain station in Vancouver. The local developer, Peterson Group, has submitted a new application to redevelop a block of land at the southeast corner of Cambie Street and West 43rd Avenue. The project will consist of a 29-storey condo tower, a 15-storey hotel tower, and a six-storey base podium with retail and restaurant spaces. The condo tower will have 176 units, ranging from one to three bedrooms, while the hotel tower will have 233 suites. The total building floor area will be about 330,000 square feet, providing ample space for parking. This project has faced some changes in ownership and design, but it is now moving forward with a revised architectural plan. The development is part of the larger transformation happening in the area due to the Cambie Corridor Plan. Peterson Group has previously been involved in other notable hotel properties.

Shape Properties’ The Amazing Brentwood development in Burnaby, Canada, is set to add a 56-storey rental tower with 641 units to its sprawling master plan. Tower Seven will be located on the northwest corner of the 28-acre site and will include co-working space, meeting rooms, a gym and yoga room, as well as a lounge and children’s play space. The tower will also feature 11,379 sq ft of commercial space. The development is expected to have up to 10 residential towers, over 1.3 million sq ft of retail space and nearly 500,000 sq ft of office space once complete.

The Details of Beautiful Brentwood Tower 7 by Shape Properties Will Rise To a Height of 56 Storeys

The Amazing Brentwood, the center of Burnaby’s Brentwood neighbourhood, is still expanding. This month, ahead of a public hearing scheduled for the end of November, information regarding the next tower in the expansive master plan was made public.

The Amazing Brentwood, a development in Burnaby’s Brentwood neighbourhood, is expanding with the construction of Tower Seven. The tower will be 56 storeys high and will consist of 641 rental units. It will offer a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. The amenities in the tower will include a co-working space, meeting rooms, a dog wash station, a gym, a yoga room, a fitness center, a lounge, an entertainment room, a dining space, and a children’s play space.

Tower Seven will also feature 11,379 sq. ft of commercial space, including retail units along Brentwood Boulevard and Ridgelawn Drive. There will be a total of 368 vehicle parking spaces and 1,429 bicycle parking spaces available in the underground parkade.

The tower’s design will have a unique identity while still maintaining a similar “design language” to the other towers in The Amazing Brentwood development. It will have a strong vertical expression when viewed from the south and a more broken-down composition on the north side.

An application for Tower Seven’s rezoning was submitted earlier this year by Shape Properties. The proposal was sent to a public hearing by Council on October 30 and is set for Tuesday, November 28.

Interestingly, Shape Properties and Arcadis IBI Group have also submitted an alternate proposal for a 61-storey tower with a six-storey office podium that would include office space. However, there has been no mention of this alternate proposal in the Council’s report or during the public hearing.

The Amazing Brentwood

Tower Seven is part of Phase 2C of The Amazing Brentwood development, which follows the completion of Tower Five and Tower Six. The overall project aims to include up to 10 residential towers, retail space of over 1,300,000 sq. ft, and office space of nearly 500,000 sq. ft once fully completed.

The redesigned shopping center and the first three towers comprised the project’s initial phase. The site’s southeast corner will see the construction of additional buildings in the third phase, which will come after the second phase and include additional residential towers and additional renovations to the site’s central mall.

Neighbourhood One of The Amazing Brentwood is being dubbed by Shape Properties for the first three towers, while Neighbourhood Two will consist of Towers Five, Six, and Seven (there isn’t a Tower Four).

Wrapping Up

Burnaby’s Brentwood neighbourhood is set to see the construction of Tower Seven, the next addition to Shape Properties’ The Amazing Brentwood development. The 56-storey rental tower will feature 641 units, with a mix of studios, one-, two-, and three-bedrooms. Amenities will include co-working space, a gym, a lounge, and a children’s play space. The tower will also include retail units and underground parking. Toronto-based Arcadis IBI Group will serve as the architect for the project. Additionally, an alternate proposal for a 61-storey tower with a six-storey office podium has been submitted. The Amazing Brentwood development is expected to feature 10 residential towers, retail space, and office space once complete.

Southgate City Homes has proposed a new neighbourhood in South Burnaby, which would include 934 homes, including 819 market strata condos and 115 non-market rentals. The Courtyard neighbourhood would feature two strata condo towers at 44 storeys and 36 storeys, along with two six-storey buildings, one for strata condos and one for non-market rentals. The development would also include a child-care facility and parking for over 1,000 vehicles. However, councillors have referred the proposal back to the planning and development committee for further discussion before giving it the first of four major approvals.

The Information about The New Development in South Burnaby

A major development is being proposed for South Burnaby that would include over 900 homes. The developer, Southgate City Homes, wants to build 934 homes at a specific location on 11th Avenue. This would consist of 819 condos for sale and 115 rental units. The development, called the Courtyard, is part of the larger Southgate City project.

The Courtyard would feature two condo towers, one 44 storeys tall and the other 36 storeys tall, as well as two smaller six-storey buildings. One of the six-storey buildings would be for condos and the other for affordable rental units. The rental building would also include a child-care facility. The taller condo tower may have a retail space, although this could be changed into a different amenity if not used for retail.

According to the plan, the rental building must be constructed first. The developer intends to provide over 1,000 parking spaces and space for more than 2,000 bikes. Amenities for residents could include study lounges, a guest suite, an outdoor terrace, and a fitness facility.

To move forward with their plans, the developer needs approval from the city council. The staff report also calls for changes to the existing Southgate master plan to meet current policies on rental housing. This amendment was surprising to some councillors who feel it should have been discussed by the planning and development committee first. As a result, the proposal is being referred back to the committee for further analysis.

Overall, there will be approximately 8,454 homes built as part of this development. Out of these, almost 1,000 homes will be available at affordable rental prices. The Southgate City project has already started, and construction work is currently in progress in some areas of the site. The upcoming phases – complete the Courtyard and a “Milk Plant Site”, the name of the location.

Furthermore, there are plans to create a civic center at a specific place. This involves transferring a sales center building to the city, which will be used for public purposes in the future. In simple terms, it means that the building will be given to the city so that it can be used for the benefit of the public.

Overall, this project aims to create a large number of homes, including affordable rental options. It is currently being built, and various stages of development will take place in the future. Additionally, there are plans for a civic center where a building will be given to the city for future public use.

Wrapping Up

Developer Southgate City Homes has proposed the construction of over 900 homes in a new neighbourhood in South Burnaby, Canada. The development, called the Courtyard neighbourhood, would consist of two highrise towers, with 819 market strata condos and 115 non-market rentals. The non-market rental building would also include a child-care facility and one of the towers could feature retail space. The developer plans to provide over 1,000 parking spaces and space for over 2,000 bikes. The proposal requires four major approvals, but councillors have requested the opportunity to discuss the plans before granting the first approval. The Southgate City development is already partially under construction.

The Burnaby city council has approved the second phase of the Concord Metrotown development, which includes five high-rise towers with over 2,000 homes. The development will consist of mixed-tenure buildings with strata condos, market rental and non-market rental homes, as well as an office/hospitality tower. The project faced criticism last year for its “tiny” studio units, but the council gave unanimous final approval for the project. The amenities in the buildings will include fitness centres, meeting rooms, children’s play areas, wellness spas, work lounges, guest suites and kitchen spaces. Construction is planned to occur in an east to west pattern.

More Information about The 5 New Metrotown Towers, 60 Storeys and Over 2,000 Homes

The city council of Burnaby has given its unanimous approval for the development of five new towers in the Metrotown area. These towers, which can reach up to 60 storeys high, will provide over 2,000 homes. The Concord Metrotown development will consist of various types of buildings, including strata condos, market rental units, and non-market rental homes. Additionally, there will be an office/hospitality tower as part of the project.

The approval for Phase 2 of the development comes after some controversy last year regarding the size of the studio units, with criticisms that they were too small to be livable. This “tiny” studio units, which one member described as “not livable” and it is included in non-market rental studios measuring 323 square feet.

Green Party Councilor Mike Hurley and Mayor Mike Hurley are independents. Joe Keithley voted against the project during its second of four major approvals; however, he and the rest of the council approved the project during its third and fourth approvals.

The massive Concord Metrotown development has received unanimous final approval from the Burnaby city council for Phase 2, which is expected to result in the construction of nearly 2,200 new homes.

Five highrise towers are part of the Metrotown Mall project (4750 Kingsway):.

Phase 2A consists of two tall, mixed-tenure, high-rise buildings that are 40 and 49 stories tall.
A fifty-eight-story mixed-tenure market strata/market rental/non-market rental building (above restaurant and retail uses; Phase 2B).
A sixty-story market rental tower (Phase 2C).
A forty-seven-story office/hospitality tower (Phase 2C).

Phases 2A and 2B will include a total of 1,145 market strata units, 131 market rental units, and 188 non-market rental units. The unit count for Phase 2C will be determined later but is estimated to be around 722 market rental units.

The development will also provide ample parking spaces for both residential and commercial uses, including over 5,000 bicycle parking spaces.

Construction will take place in an east to west pattern, with Phase 2A being completed before Phase 2B.

The buildings in Phase 2 will offer a range of amenities, including fitness centers, meeting rooms, play areas for children, and wellness spas. The rooftops of these buildings will be landscaped with lawn areas, dog runs, and dining facilities. There will also be garden plots for urban agriculture.

This development is part of the larger Sears Metrotown master plan, now known as the Concord Metrotown, which was approved by the council in 2019. The first phase of development included over 1,300 homes.

Wrapping Up

The Burnaby City Council has granted final approval to Phase 2 of the Concord Metrotown development, which will introduce nearly 2,200 new homes to the market. The project, located at Metrotown mall, consists of five high-rise towers, including mixed-tenure buildings, market rental units, non-market rental homes, and an office/hospitality tower.

The development faced criticism in the past for its small studio units, but it has received unanimous approval from the council. Phases 2A and 2B will offer a combination of market strata units, market rental units, and non-market rental units, while Phase 2C will primarily consist of market rental units. The developer plans to complete Phases 2A and 2B simultaneously, depending on market conditions. The project will also provide ample parking spaces and amenities such as fitness centers, meeting rooms, and landscaped rooftops. The council had previously approved the master plan and first phase of development for the project in 2019.

Amacon Construction Ltd. has proposed a 61-storey tower with over 540 new homes, a hotel, and restaurant in Burnaby’s Brentwood Town Centre. The development will also include a rental project at 5166 Halifax St. and will feature a mix of market strata condos, market rentals, and non-market rentals. The project will also have a gym, meeting rooms, indoor workspace, and outdoor deck with a pool. The proposed development includes over 600 vehicle parking stalls and more than 1,500 bike parking spaces. Additionally, Amacon is proposing two six-storey rental buildings on the Halifax site to replace an aging rental building with 87 units.

The Details About The Proposed 61-storey Tower, Restaurant, and Hotel

A new highrise development is set to transform Brentwood Town Centre in Burnaby with over 540 modern homes, as well as a hotel and restaurant. Amacon Construction Ltd. has submitted a proposal for a remarkable 61-storey tower located at 2211 and 2271 Rosser Ave., which will be complemented by a rental project at 5166 Halifax St.

The Rosser development aims to offer a dynamic experience with a 172-room hotel, restaurant, and commercial establishments along Dawson Street. The project includes 442 market strata condos, 27 market rentals, 42 non-market rentals available at 20% below the Canada Mortgage and Housing Corp.’s median rent. There will be 30 non-market units at CMHC’s median rental.

Featuring exceptional amenities, this development will provide residents with a gym, lounge space, meeting rooms, and indoor workspace. Hotel guests will have access to meeting rooms, a gym, and an outdoor deck with a pool. The hotel restaurant will include an inviting outdoor patio.

The development has been meticulously designed to accommodate a possible future landscape-covered deck above the adjacent railway. This project aims to prioritize convenience by providing over 600 vehicle parking stalls and more than 1,500 bike parking spaces.

Adjacent to the proposed Rosser development lies a city-owned lane that is marked for closure under the Brentwood Town Centre plan. The value of the land sale will be evaluated in a separate report, which will be presented to the council for consideration at a later date. The sale of this land is a prerequisite for the progress of the Rosser development.

Additionally, Amacon is proposing two six-storey rental buildings on the Halifax site in order to transfer some market density from the Halifax Street development. This will support the viability of the Halifax site, as it cannot accommodate a building taller than six storeys. These buildings will replace an aging rental building with 87 units and offer both non-market and market rental units. Tenants from Halifax will be able to temporarily relocate to the Rosser site until the Halifax buildings are ready for occupation.

The overall plan for this development includes a total of 257 rental units, comprising of 126 market rental units, 87 units to replace the demolished ones (rented at their previous rate), and 44 units rented at CMHC market median rates. The amenities provided will be extensive, including a multi-purpose room and lounge for the non-market rentals, yoga and fitness facilities, an outdoor lounge and barbecue area, and an urban agriculture space for the market rental building. Moreover, the development will feature a beautifully landscaped area adorned with artificial lawn areas for bocce ball facilities, an exterior fitness space, outdoor games flex-space, and a children’s play area complete with a playground.

With a commitment to providing a vibrant community hub, this proposed development promises to enhance Brentwood Town Centre’s allure and cater to the needs of its residents.

Wrapping Up

Amacon Construction Ltd. has submitted a development proposal for a highrise tower in Brentwood Town Centre, Burnaby. The project includes more than 540 new homes, a hotel, a restaurant, and commercial units. The tower, which is planned to be 61 storeys, will also feature a 172-room hotel and various amenities such as a gym, meeting rooms, and indoor workspace. The development will include a mix of market and non-market condos and rentals, with some units rented at below median rates according to the Canada Mortgage and Housing Corp. The proposal also includes plans for a potential future landscape-covered deck and ample parking and bicycle spaces.

The developer is also proposing the construction of two six-storey rental buildings on another site in Brentwood to replace an existing aging rental building. The displaced tenants from this site will be temporarily relocated to the Rosser development until the new buildings are ready. The rental buildings will offer a range of amenities, including fitness facilities, outdoor lounges, barbecue areas, and children’s play areas. The City of Burnaby will consider the sale of city-owned land to facilitate the Rosser development.

A new development proposal in Brentwood, Canada, aims to build two highrise towers reaching up to 62 storeys. Millennium Properties Ltd. plans to construct a residential strata building, a market and non-market rental building, and a 280-room hotel along Lougheed Highway. The project, which includes a total of 824 new homes, is the first to be presented under the recently approved Buchanan West master plan. The development also includes plans for improved pedestrian and cycling infrastructure, as well as upgrades to the highway.

The project will require the closure of a lane and a portion of the highway, which will be sold by the city to the developer pending council approval. The development is designed to be architecturally exceptional and maximize access to natural light. Building amenities will include co-working spaces, children’s play areas, fitness facilities, and a swimming pool.

Introducing an Exciting Development on Lougheed Highway Burnaby

Are you looking for a modern, vibrant community to call home? Look no further than Brentwood, where two stunning highrise towers are set to transform the skyline. Millennium Properties Ltd. has proposed an impressive development comprising a 62-storey residential strata building, a 54-storey market and non-market rental building, and an exquisite 280-room hotel with ground-oriented retail.

This ambitious project, located at 4141 Lougheed Hwy., offers both residents and visitors a unique blend of luxury, convenience, and flexibility. The commercial podium, which can be repurposed for offices or other employment options, ensures adaptability to changing market demands. With a total of 824 new homes, including market and non-market rentals as well as strata units, the development caters to a diverse range of lifestyle preferences.

As part of the recently approved Buchanan West master plan, this development sets the stage for future growth and prosperity. The integration of a publicly accessible north-south pedestrian connection and a new east-west local street fosters connectivity within the community. Residents will enjoy seamless access to amenities, shops, and green spaces, further enhancing their quality of life.

Architecturally exceptional, the highrises are thoughtfully designed in a checkerboard pattern, maximizing building separation and optimizing natural light. This attention to detail ensures a visually striking presence while complementing the surrounding environment and future development.

Thoughtful parking solutions, including shared residential and commercial spaces, accommodate the needs of both residents and visitors. Moreover, the provision of ample bicycle parking guarantees a sustainable, active lifestyle for all. Upgrades to Lougheed Highway, such as separate sidewalks, cycle facilities, rain gardens, and a picturesque treed boulevard, are also part of the plans, elevating the overall experience.

In line with the development’s progress, the closure of a lane adjoining the property and a portion of the highway has been identified as surplus to the city’s transportation and infrastructure requirements. The city, therefore, plans to present a separate report detailing the sale of this land, pending council approval. This land sale is a crucial step towards advancing the development.

Delving into the many exciting amenities on offer, residents will be spoilt for choice. Co-working spaces and multi-purpose rooms cater to the dynamic needs of professionals, while indoor children’s play areas ensure a welcoming environment for families. Kitchen and dining facilities, guest suites, fitness centers, and a swimming pool further enhance the living experience. Additionally, outdoor spaces on the ground level of the podium create a tranquil oasis for relaxation and recreation.

Summary

Millennium Properties Ltd. has proposed a development on Lougheed Highway that includes two high-rise towers, one residential and one rental, a 280-room hotel, and ground-level retail. The project would include a total of 824 new homes, with 488 market strata units, 246 market rental units, and 90 non-market rental units.

The forthcoming development marks the initial phase of the recently greenlit Buchanan West master plan. Notably, this ambitious project encompasses not only enhancements to Lougheed Highway but also the addition of separated sidewalks, cycle lanes, enchanting rain gardens, and a lush treed boulevard. The proposed building will boast an array of exceptional amenities, including contemporary co-working spaces and versatile multipurpose rooms. For families, indoor children’s play areas will provide endless entertainment, while well-equipped kitchen and dining facilities will cater to culinary endeavors. Additionally, the inclusion of guest suites, state-of-the-art fitness facilities, and a refreshing swimming pool guarantees a truly elevated living experience.