Burnaby
Industry
Thind Facing Two More Receiverships, Owes $220M To KingSett
The receivership application was filed by KingSett Capital against Thind's Highline and Minoru Square projects.
Nov 20, 2024
Office
City Of Burnaby Pays $65M For Metrotown Place Office Towers Under Receivership
The Metrotown Place office towers at 4330 Kingsway and 5945 Kathleen Avenue in Burnaby were owned by Slate Asset Management when it was placed under receivership.
Policy
Burnaby Postpones Implementing Provincial TOD Legislation Once More
The Province's original deadline for local governments to implement Bill 47 was June 30, 2024.
Development Projects
Indigenous Kʷasən Village Master Plan In Burnaby Receives Final Approval
Kʷasən Village is planned for the 40-acre Willingdon Lands site at the intersection of Willingdon Avenue and Canada Way in Burnaby.
For Homebuyers Seeking Convenience And Calm, Innisfil Has It All
Innisfil's picturesque shorelines, fresh air, and nature trails provide a serene escape from the bustling city.
Construction
How DCC Rates Compare Across Metro Vancouver Municipalities
A recent report found that rates for development cost charges (DCCs) vary quite significantly from city to city.
Policy
Burnaby Considering Easing City-Wide Inclusionary Rental Requirements
Potential changes include applying inclusionary rental requirements only to strata projects and reducing the requirement from 20% to 10%, among others.
Policy
Burnaby Considering Development Framework Based On Height Instead Of Density
The proposed changes would use height instead of FAR as a development control mechanism, which could potentially speed up approvals.
Industry
Planned 34-Storey Willingdon Rose Project In Burnaby Subject Of Foreclosure
The Willingdon Rose project, set for 6622 and 6688 Willingdon Avenue in Burnaby, received third reading approval in December 2022, but is now under foreclosure.
Development Projects
Pinnacle 3-Tower Carrigan Court Project In Burnaby Receives Final Approval
The project at 3846 Carrigan Court is being developed by Pinnacle International, the developer of the nearby Pinnacle Lougheed project.
Development Projects
Pinnacle Lougheed 80 And 73-Storey Towers In Burnaby Granted Final Approval
The multi-phased Pinnacle Lougheed project by Pinnacle International is set for 9850 Austin Road and 9858-9898 Gatineau Place in Burnaby.
Industry
Foreclosures Ongoing Against 4 iFortune Homes Projects Across Metro Vancouver
The iFortune Homes projects that are under foreclosure include Elm41 and Auberry, both of which were planned for Vancouver.
Development Projects
Phase One Of Burnaby Lake Village Master Plan To Include 6 Buildings, 1,100 Units
The Burnaby Lake Village master-plan community being developed by Peterson and Create Properties is set for 6800 Lougheed Highway.
Development Projects
OpenForm Revises 40-Storey Tower Proposal For Burnaby Honda Dealership
The OpenRoad Honda is located at 6958-6984 Kingsway and 7243 Greenford Avenue in the Edmonds neighbourhood of Burnaby.
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