[Burnaby] Concord Metrotown | 230.1m | 65,45,33 fl | U/C - Page 20

Klazu · #**381** Posted **Nov 21, 2022, 6:40 AM**

Surprisingly many of the tallest tower proposals are planning on being vertical ghettos. The 80-floor proposal is Lougheed is planning to have 12 units (or was it even more?) per floor throughout the building. Yikes.

officedweller · #**382** Posted **Nov 21, 2022, 6:47 AM**

Gilmore Place has 12 - with bigger units - so maybe more than 12 at Metrotown.
https://www.jessijohnsonrealtor.ca/gilmore-place-vip-pre-sale-access/

Jimbo604 · #**383** Posted **Nov 21, 2022, 5:15 PM**

Quote:

Originally Posted by Repthe250

We all know those “non market” studios will still go for $1700. Not ideal for someone who “just uses it for sleeping”.

Also 700 sqft two bedrooms? Get the fuck outta here, concord. I don’t support this development

Analogy: Some people may want a new car with no airbags as it is cheaper but the government has said no to that by requiring all new cars have them.

GenWhy? · #**384** Posted **Nov 21, 2022, 7:11 PM**

Quote:

Originally Posted by Repthe250

We all know those “non market” studios will still go for $1700. Not ideal for someone who “just uses it for sleeping”.

Also 700 sqft two bedrooms? Get the fuck outta here, concord. I don’t support this development

The below-market rental rate for Burnaby is 20% below the CMHC market median rents (I can't remember if it's City-wide like Vancouver or area specific) The latest area specific data I see is still from October 2021 from CMHC, which has a Studio at $1,275. I'd assume with all the demolitions and new stock this could push it closer to North Burnaby's (Brentwood area) median rent of $1,450 for a Studio.

A brand new below-market Studio based on area-specific median rates could be $1,160.

If it's City-wide, I assume something lower than Vancouver's, which was this year listed as $1,077 for a Studio at 20% below CMHC City-wide AVERAGE.

2-Bed's north of the 740sf mark (including an in-suite storage unit) is atypical, I would say, competitive. I'm looking at one that's 670sf with 2-bed, 2-bath, storage, laundry, large balcony, and it's do-able, but the longevity and competitiveness of it doesn't seem smart. If you lose the 2nd bathroom you can easily get 570sf. Below 700sf with only 1 bathroom is a great size.

BaddieB · #**385** Posted **Nov 21, 2022, 7:14 PM**

Quote:

Originally Posted by Klazu

Surprisingly many of the tallest tower proposals are planning on being vertical ghettos. The 80-floor proposal is Lougheed is planning to have 12 units (or was it even more?) per floor throughout the building. Yikes.

God forbid SFH neighbourhoods in Burnaby are upzoned.

jollyburger · #**386** Posted **Nov 21, 2022, 7:46 PM**

Quote:

Originally Posted by BaddieB

God forbid SFH neighbourhoods in Burnaby are upzoned.

Most of the development isn't even happening on any pre-existing SFH housing so whatever.

mcj · #**387** Posted **Nov 21, 2022, 10:43 PM**

Quote:

Originally Posted by jollyburger

Most of the development isn't even happening on any pre-existing SFH housing so whatever.

Exactly the point, Burnaby builds high rises on pre-existing multi-family (RM3 zoning) without turning any R9/R5 zoning into RM3 zoning. Now we have these steep drop offs from towers to SFHs in every Burnaby town centre with little, if any, low rise multi family housing to bridge the gap.

Will be interesting to see what Burnaby's target will be under the forthcoming Housing Supply Act, whatever it is they'll have a much easier time achieving it with low rise multi family and infill housing in addition to the towers at the town centres.

Sheba · #**388** Posted **Nov 21, 2022, 11:17 PM**

Quote:

Originally Posted by GenWhy?

2-Bed's north of the 740sf mark (including an in-suite storage unit) is atypical, I would say, competitive. I'm looking at one that's 670sf with 2-bed, 2-bath, storage, laundry, large balcony, and it's do-able, but the longevity and competitiveness of it doesn't seem smart. If you lose the 2nd bathroom you can easily get 570sf. Below 700sf with only 1 bathroom is a great size.

...and that's why I moved into an older (90's) building. My suite is 1 bed, 1 bath with laundry and it's over 700sf. It's rare to see something built at that size nowadays.

jollyburger · #**389** Posted **Jan 7, 2023, 5:11 AM**

Video of the construction pit

• Video Link

Lexus · #**390** Posted **Jan 17, 2023, 8:29 PM**

2023, January 17

Untitled by Lexus LX600, on Flickr

vanman · #**391** Posted **Jan 18, 2023, 12:47 AM**

That is already a massive pit!

jollyburger · #**392** Posted **Jan 31, 2023, 3:19 AM**

Walk around the pit

• Video Link

gaviscon · #**393** Posted **Feb 20, 2023, 4:20 AM**

fredinno · #**394** Posted **Feb 20, 2023, 10:43 AM**

Are there any plans for the parking west of the current Concord Metrotown site and the parkade?

I know Burnaby wants to demo the whole mall, but neither would really be affected by the plans negatively. The parkade is 'phase 2' of those plans, but that's about all I've heard regarding its development.

The Kingsway frontage has a lot of pedestrian traffic that would make it a good extension of the mall area (for both interior and exterior retail.)

madog222 · #**395** Posted **Feb 20, 2023, 11:19 AM**

Quote:

Originally Posted by fredinno

Are there any plans for the parking west of the current Concord Metrotown site and the parkade?

I know Burnaby wants to demo the whole mall, but neither would really be affected by the plans negatively. The parkade is 'phase 2' of those plans, but that's about all I've heard regarding its development.

The Kingsway frontage has a lot of pedestrian traffic that would make it a good extension of the mall area (for both interior and exterior retail.)

Ivanhoe Cambridge owns the mall and the rest of the surface parking not part of the Concord site. Concord has 5 towers planned for the rest of their site, 3 along Kingsway beside the three in progress now and two behind where the Sears building is. Go back two pages for their phase 2 plans.

Ivanhoe has started the master planning process for the entire Metropolis site in 2019, this is what we have so far.

fredinno · #**396** Posted **Feb 20, 2023, 10:36 PM**

Quote:

Originally Posted by madog222

Ivanhoe Cambridge owns the mall and the rest of the surface parking not part of the Concord site. Concord has 5 towers planned for the rest of their site, 3 along Kingsway beside the three in progress now and two behind where the Sears building is. Go back two pages for their phase 2 plans.

Ivanhoe has started the master planning process for the entire Metropolis site in 2019, this is what we have so far.

I've seen that, but has there been no progress on planning for Phase 2+?

madog222 · #**397** Posted **Feb 20, 2023, 10:54 PM**

Quote:

Originally Posted by fredinno

I've seen that, but has there been no progress on planning for Phase 2+?

Rezoning for all five buildings in Phase 2 passed second reading in December.

fredinno · #**398** Posted **Feb 20, 2023, 11:08 PM**

Quote:

Originally Posted by madog222

Rezoning for all five buildings in Phase 2 passed second reading in December.

Phase 2 of the image you showed, not the concord site.

madog222 · #**399** Posted **Feb 20, 2023, 11:16 PM**

Quote:

Originally Posted by fredinno

Phase 2 of the image you showed, not the concord site.

Oh, no nothing yet, they are still in the masterplan stage. While Concord's phase 2 is shown as phase 1 in that diagram it isn't part of the same project.

VancouverOfTheFuture · #**400** Posted **Feb 21, 2023, 2:06 AM**

i hate how all these massive sites, without roads, are getting roads rammed through them.

honestly why cant they force the vehicles to an underground network between the buildings, and then allow the whole ground level to be pedestrianized? like why shove all these roads through. seems like such wasted opportunity to create such a nice public, car free area.

sure it would cost $$$, but you cant tell me these developers wouldnt do it if told to. like honestly.