CAM March/April 2022

Page 18

PRIORITIZING PEOPLE AND THE ENVIRONMENT Inside Grosvenor’s ambitious new masterplan for “Brentwood” This March, international property developer Grosvenor unveiled plans for what will eventually become its largest mixed-use development in North America. Located in the town centre of Burnaby’s thriving Brentwood neighbourhood, the future pedestrian-only development will include the tallest rental tower in Western Canada, a new community centre, and 200,000 square feet of commercial space.

“W

e are really excited about what this will mean for residents and the general public for meeting the housing and sustainability challenges facing our fast-growing region,” said Marc Josephson, senior vice president, development with Grosvenor. “These sorts of projects are usually exclusively for residents, 18 | Canadian Apartment | Part of the REMI Network |

but we’ve maintained from the beginning that it has to be for the entire community.” If all goes as planned, the 60-storey rental tower will include 2,000 market and 450 below-market rental units, meeting the goals of the City of Burnaby’s non-market housing policy with rents set at 20 per cent below CMHC median rental rates. The tower

will be ideally situated one block from the Brentwood SkyTrain station, making it a model for large-scale, pedestrian-focused, transit-oriented communities. “This is a truly unprecedented development with more than half of the site dedicated to open space including landscaped plazas and courtyards,” added Ryan Bragg, principal,


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CAM March/April 2022 by MediaEdge - Issuu