Real estate developer Beedie has relocated its headquarters to a new space elsewhere in its long-time home of Burnaby, moving closer to where the company was originally founded.
Founded in 1954 by Keith Beedie, the company's first home was a small office building located at 3321 Kingsway, which is now known as 5367 Kingsway. Beedie bought the space for $12,000 in 1956, then sold it for $1.7 million in 2007 to the BC NDP, which used it as its headquarters before selling it to a private buyer for $2.15 million in May 2016.
A fire then destroyed the building in 2018 and the property has remained vacant ever since, despite changing hands again for $3,000,000 in 2023. In late-2024, however, the property was acquired by real estate developer Bosa Properties alongside its purchase of the adjacent Best Western, as first reported by STOREYS.
Since it sold the office in 2007, Beedie has been based out of an office-industrial building located at 3030 Gilmore Diversion — legally known as 3020 Gilmore Diversion — in the Still Creek industrial area of Burnaby. The two-storey building sits on a 1.5-acre lot that houses 47,000 sq. ft of office space and a surface parking lot.
Interior photos of Beedie's old head office at 3030 Gilmore Diversion (3020 Gilmore Diversion). / Colliers
Last month, however, Beedie announced that it was saying goodbye to the space and relocating to Station Square, the multi-tower mixed-use complex near Metrotown Station that Beedie developed alongside Anthem Properties.
The 12-acre redevelopment was completed in 2022 and is now home to five mixed-use towers between 35 and 57 storeys, with approximately 1,800 homes and over 400,000 sq. ft of commercial space. Beedie's office is now located on the third floor of 6051 Silver Drive, the tower that faces Crystal Mall, and the space is a four-minute drive from its original head office at 5367 Kingsway.
Since its relocation, Beedie — which also has an office in Vancouver, as well as Calgary and Toronto — has also sold its old head office at 3020 Gilmore Diversion. The property was listed for sale by David Taylor and Rob Chasmar of Colliers several months ago and was recently sold for $16.2 million.
BC Assessment values the property at $15,970,000.
Interior photos of Beedie's old head office at 3030 Gilmore Diversion (3020 Gilmore Diversion). / Colliers
The buyer was the Government of British Columbia through BC Housing, which revealed yesterday that it had acquired the 3020 Gilmore Diversion in March and is planning a new permanent homeless shelter on the site.
According to BC Housing, the new shelter will have up to 80 semi-private sleeping pods across the two floors, as well as staff office space, indoor amenity space, and programming space. The shelter will be open 24/7, year-round, and include support services such as meals, storage, laundry, washroom, and shower facilities, in addition to services that connect shelter residents to permanent housing.
BC Housing says the City of Burnaby does not require a rezoning for this use and that the building will be renovated. BC Housing will also be undergoing an open process to select an operator, which they hope to identify by Fall 2025. The shelter is then expected to open in Spring 2026.