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Old Posted Mar 2, 2022, 5:01 PM
jollyburger jollyburger is offline
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Join Date: Dec 2015
Posts: 15,616
Quote:
Originally Posted by logan5 View Post
That’s a lot of office and market rental. Is this density that is being transferred from another site? Looks like it.
I don't think they do density transfer in Burnaby (I think they are talking about it in relation to their rental policies) Though it looks like they'll get some bonuses to support non-market rental.

Here's the slides for the project.

https://burnaby.civilspace.io/en/projects/brentwood-west-master-plan

Quote:
The Master Plan sets the conceptual framework for future site specific rezoning applications
that would rezone the properties from their current CD Comprehensive Development
District (based on C2 - Community Commercial District, C3 - General Commercial District,
C4 - Service Commercial District) zoning designation to an Amended CD Comprehensive
Development District (based on RM5s and RM5r - Multiple Family Residential District, and
C3 - General Commercial District) which permit a gross floor area ratio (FAR) of up to 8.3 for
residential and 6.0 for commercial use for a maximum total of 14.3 FAR.
The equivalent of 20% of the proposed market units derived from the base RM5s density,
would need to be provided as affordable rental at a rate of 20% below CMHC market median
rents for that neighbourhood. This number of rental units is required as rental housing
through the provision of the RM5r District. An additional 1.1 density offset is available as part
of the Inclusionary Rental Stream within the RM5 district.
Based on our analysis and discussions with the City of Burnaby and ownership for sites 1 and
2, a 12.81 FAR density is being proposed while the maximum density of 14.3 FAR is being
planned for sites 3 and 4. All final densities and building forms will be refined and ultimately
determined through future site specific rezonings.
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