Two Tower Project Planned for Metrotown Site

As reported on this site, a prime piece of real estate was sold in Metrotown a couple of weeks ago, and now a proposal for the site by Belford Properties is seeking City of Burnaby Council approval to move to public hearing. The site is currently zoned RM-3 and improved with two walk-up apartment buildings. The proposal is to rezone the site for high-density development utilizing the RM-5s designation. Details include:

• Two highrise towers (41-storeys on Beresford and 26-storeys to the South)
• Low-rise townhouse, retail, childcare and strata office components
• 479 residential units
• Total density of 6.36 FAR (5.0 FAR residential, 1.36 FAR commercial/institutional)
• 731 parking stalls