Development Opportunity & Location
This Transit Oriented Development Offering totals 32,190 square feet of gross developable area within the Edmonds Town Centre Plan. Currently zoned M-5 manufacturing, this single parcel development opportunity is designated medium density multifamily in accordance with RM-3 zoning guidelines. RM-3 densities within the established Edmonds Town Centre include base density up to 1.1 FAR and supplemental bonus density for a further 0.4 FAR to a maximum density of 1.5 FAR. This site can be built out to a variety of forms including stacked townhouse and 4 storey condominium with underground parking.
Edmonds Town Centre, Burnaby
This offering represents a unique opportunity to develop multifamily wood frame stacked townhouse or condominium only 350 meters from Edmonds SkyTrain Station.
Situated immediately south of Kingsway within Edmonds Town Centre, this highly visible, elevated corner location offers frontage on both Griffiths Drive and Prenter Street. The property is backing upon a pedestrian greenway, is in close proximity to well-established outdoor amenities such as Powerhouse Park, Stride Avenue Elementary School, Byrne Creek Secondary School, HighGate Village Shopping Centre, Kings Crossing by Cressey, and the newly built Edmonds Community Centre and Fred Randall Pool.
All prospective purchasers will be advised of an offer submission date during the initial marketing period. Purchasers are invited to submit offers to London Pacific on the Vendor’s preferred form of Offer.