A new park and two new highrise towers soaring up to 80 storeys tall could be added to Burnaby’s Brentwood town centre, and residents can share their thoughts on the plan at an open house on April 2.
The Amazing Brentwood developer Shape Properties most recently applied in October to develop Tower 7, proposed as a 56-storey market rental building with 614 units. The current master plan can’t be applied to new developments because it doesn’t follow the policy, and the city wants to ensure future developments include the non-market rental requirement, according to Johannes Schumann, the city’s director of neighbourhood planning and urban design.
The amended plan doesn’t change the amount of allowed commercial density, but it would mean 49 per cent of the commercial density could be used as market rental apartments, called commercial rental, and the remaining commercial density for traditional commercial purposes such as retail, office or hotel uses, according to the report.
Source: Real Estate Daily Report (realestatedailyreport.net)
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