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,