Proposed redevelopment would retain some rental housing
A proposed redevelopment in the Metrotown area would retain a portion of the existing rental units which would all otherwise be lost, according to a city planning report.
The property at 4675 Imperial St., between Dow Avenue and Central Boulevard, is currently home to 63 rental units built in 1964.
"The developer has agreed to provide for the replacement of a portion of these rental units as part of the development concept," said the report. Any replacement rental units would be protected by a covenant on title and the units will remain under single ownership and would not be stratified.
Details of the plan will be presented in a later report to city council. The developer, Xuan Developments, will be applying for a rezoning for the property as well as a density bonus, with the latter generating either a community amenity or cash to city hall.
The proposal will comprise condo units with townhouse units facing Imperial Street, in a 4.5-storey complex with parking underground.
Meanwhile, a public hearing will be held Tuesday, Dec. 13 at 7 p.m. in Burnaby city hall council chambers for a number of rezoning applications, that were to include a proposed expansion of Bridge Studios.
The film studio, at Henning Drive and Boundary Road, is proposing to build two new sound stages and a parking structure on a western parcel of land, as well as a relatively minor addition to an existing production stage on the eastern parcel.
Also expected to go to public hearing are two separate townhouse project proposals on Burlington Avenue in the Metrotown area.
At 6830 and 6888 Burlington Ave., the latter currently owned by city hall, Mosaic Avenue Developments Ltd. is proposing to replace the two older industrial buildings on the properties with a 60-unit townhouse complex comprised of six individual buildings, according to a city staff report.
City staff are recommending the developer be allowed to provide 99 parking spaces plus one space for a car co-operative vehicle instead of the 105 spaces that would normally be required. This is due to the developer's proposal to provide one-year memberships in MODO (formerly known as the Co-operative Auto Network) for each of the 60 units as well as one vehicle for the co-op.
Further north, near Kingsway, a developer is proposing to build a three-storey apartment building with 15 units and underground parking on two vacant lots at 6515 and 6525 Burlington. A density bonus would provide an additional 1,197 square feet of floor area, in exchange for a $119,700 contribution to the community benefit fund for the Metrotown area.