London Pacific and JLL are pleased to present a rare opportunity to acquire three adjacent RM-4 (as designated per the Draft Metrotown Community Plan) properties in the heart of the ever changing Metrotown core. Steps away from Metropolis at Metrotown and Metrotown Skytrain Station this land assembly with strong holding income is ripe for development.
The city of Burnaby is now in its final stages to adopting a revitalized Metrotown Development Plan. Finalized land use framework identifies the Downtown Core of Metrotown, being concentrated between Dow Avenue, Maywood Street, Willingdon, and Beresford Street as high-density form “characterized by commercial podiums and high-rise office and residential forms”. Through this plan, Burnaby has committed to accommodating a projected population growth of 125,000 additional residents.