Burnaby
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.
Oct 04, 2024
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.
Newly Listed Townhome In Midtown Serves Laid-Back Luxury
Hugged by the Summerhill, Casa Loma, and Deer Park neighbourhoods, 75 Foxbar Road beautifully blends luxury with easy, laid-back living.
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.
Development Projects
Anthem Announces JV With Crestpoint For Telus “Boot” Redevelopment In Burnaby
The announcement comes four months after H&R REIT announced that it had sold its 50% stake in the property to Crestpoint for $82.5M.
Listed Commercial
Slate-Owned Metrotown Place Office Towers Under Receivership Listed By CBRE
The two-tower Metrotown Place office complex is owned by Slate Asset Management and was placed under receivership in July.
Policy
Bosa Properties Says Burnaby Policies Make Purpose-Built Rental Projects "Unbuildable"
Bosa Properties recently sent a letter to Burnaby City Council outlining its thoughts, after it backed out from acquiring a site in the Royal Oak neighbourhood.
Industry
Failed Sale, $49M Debt Push Slate-Owned Burnaby Office Towers Into Receivership
The subject property of the receivership against Slate Asset Management is the "Golden Towers" office complex at 4330 Kingsway in Burnaby.
Commercial
Burnaby Employment Land Study Concludes Need For 22M Sq. Ft Of Commercial Space
The employment land needs assessment also gathered feedback from developers about commercial development trends in Burnaby.
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