Forec

Burnaby rejects plan to allow more condos for rental housing

Burnaby councillors were frustrated with a ‘confusing’ proposal to increase the amount of condos developers can build in exchange for building rental housing.

Burnaby councillors roundly rejected a slew of staff recommendations that would have allowed developers to build even more condos in return for building required non-market rental housing.

The recommendations were part of a review of Burnaby’s rental use zoning policy, which requires developers of multifamily buildings to include 20 per cent non-market rental units.

“It seems to me that we’re just gifting (developers) more free density for them to build more condos,” said Coun. Pietro Calendino at a development committee meeting this week. “And that was not the intent of the referral to staff to come back with a review.”

Coun. Alison Gu agreed and called the recommended calculations for how much housing could be built “confusing.” She described it as a jumble of coloured Lego blocks

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Real Estate

Peterson Proposing 14-Tower Master Plan 'Burnaby Lake Village'

The area immediately east of Sperling-Burnaby Lake Station in Burnaby is set to become the next Brentwood, in terms of development interest, as it’s the focus of the newly-proposed Burnaby Lake Heights Master Plan and the Burnaby Lake Village Master Plan, two different large-scale community plans that share a site boundary.

While Burnaby Lake Heights will be located t 7000 Lougheed Highway, Burnaby Lake Village will be located at 6800 Lougheed Highway. The 18.81-acre site is currently occupied by a sprawling industrial building that is scheduled to be decommissioned, the City says, and was formerly a milk plant owned by Saputo before it was sold for over $200M in 2019 to Create Properties and Peterson Group.

Council received the rezoning application in October 2022, and the developers have now returned with a full Conceptual Master Plan that Council will likely grant a First Reading to this evening and refer

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Forec

Burnaby watermain break displaces condo residents, shuts businesses


A watermain break is causing a massive headache for hundreds of residents living in two condo towers in the Brentwood neighbourhood.


Shoolin Saini was in his condo when he heard a loud noise, prompting him to go downstairs to investigate where he saw a few other residents who were alerted to the commotion.


“The floor was absolutely shaking — really violently — almost like there was an earthquake happening right at the front door,” he said.


The rupture happened early Monday morning, impacting Tandem A and Tandem B, buildings at the corner of Dawson Street and Gilmore Avenue which have more than 800 combined units.


When the residents went down to the parkade, they were shocked by how the parking lot had turned into a lake, with water reaching the hood of some vehicles.


“I think the biggest danger was just the water because

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best realtor

Burnaby, BC MLS® Listings & Actual Estate For Sale

Real EstateEstablished in 1911, Douglas Elliman Actual Estate is the largest brokerage within the New York Metropolitan area and the second largest unbiased residential actual estate brokerage within the United States by sales volume. When you’re having your sustainable properties evaluation, you may find several gadgets you will have to be made conscious of. There may be a number of complicated vocabulary on the assessment that you do not comprehend, firstly. In circumstances like this, the actual assessor permit you already know no matter you wish to know. The various code for sustainable houses assessment may be very sophisticated in the event you have no idea the vocabulary. You needn’t find out each of the specs, however the more analysis you are doing beforehand goes to be good to stay to the dialog.

The price of the mortgage, nonetheless, should not be your only standards. There isn’t a alternative to asking …

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single family home

Burnaby, BC MLS® Listings & Actual Property For Sale

Real EstateRead the latest news about residential and industrial real estate within the Seattle area and Pacific Northwest. The real estate property scene in Atlanta, GA is throbbing with homes to suit every way of life, taste, and wallet. There are luxurious condominiums and flats, sprawling single and multi-family dwellings, and palatial mansions. The most well-liked neighborhoods from the town are Metropolis Heart, Hapeville, Morningside, Druid Hills, Union City, Beulah Heights, and Inman Park. Atlanta, GA houses right here price round $398,000 for first time houses leading to $142,550 for foreclosures offers.

With this kind of giant half determine essential for housing deposits, new patrons and graduates have sadly struggled to contemplate advantage with the dip in average UK house costs. As an alternative, most try to the long term – conserving cash by taking out houses to rent or opting to hire shared accommodation with buddies or work colleagues. Renting …

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