Grosvenor Brentwood: “a paradigm shift” for Burnaby
Mar 09, 2022
Written byRyan Berlin
By Peter Meiszner; March 8, 2022Grosvenor is sharing more details of their upcoming pedestrian focused, multi-tower community on Lougheed Highway in Burnaby, across from Brentwood Town Centre.
The 7.9-acre development site will see the construction of six residential towers with 3,500 homes, 2,000 of which will be market rental homes and 450 which will be below-market, rental homes. The development will include the tallest all-rental tower in Western Canada, measuring 60 storeys.
The development was recently granted permission by the City of Burnaby to move forward to the consultation phase, and will be Grosvenor’s largest, mixed-use project in North America.Grosvenor Brentwood will include 200,000 square feet of commercial space and a 100,000 square foot community centre.
“We are really excited about what this large-scale community will mean for residents and for the general public, for meeting the housing and sustainability challenges facing our region, and for the opportunity to create a genuine sense of community in one of Metro Vancouver’s fastest-growing and most exciting neighbourhoods,” says Marc Josephson, senior vice-president, development at Grosvenor.
It will be one of largest pedestrian-focused communities in Metro Vancouver, with all vehicle parking accessed from the site’s periphery and a focus on pedestrian and cyclist movement across the development. At the centre of the site will be a large public plaza.“This is a truly unprecedented development with more than half of the site dedicated to open space including landscaped plazas and courtyards, around which all buildings are focused,” says Ryan Bragg, principal, Perkins & Will. “Typically in this type of development, instead of plazas and courtyards there would be streets and space to support vehicles, but here there will be no cars, just trails and green space. It’s a complete paradigm shift for the region.”
Grosvenor expects the new community centre will attract up to one million visitors per year. The development will also aim to achieve net-zero carbon operational emissions.
Peter Meiszner (author)
The Vancouver Region recorded a second consecutive monthly increase in sales counts in February, with the expansion exceeding the typical seasonal surge. Market conditions tipped back in favour of sellers despite a boost in the supply of available homes.
The sales slump in the Central Okanagan’s housing market extended into January, with last month marking its eighth consecutive monthly decline in transaction counts.