MULTI-FAMILY DEVELOPMENT OPPORTUNITY

Edmonds Town Centre Development Opportunity

This offering represents a unique opportunity to develop multifamily wood-frame stacked townhouse or condominium only 500 meters from Edmonds Station on SkyTrain Expo line.

This Transit-Oriented Development Offering totals 54,412 square feet of gross developable area within the Edmonds Town Centre Plan. Currently zoned RS1 Residential Single Family, this pre-assembled development opportunity is designated medium density multifamily in accordance with RM-2 and 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. Additional density schedules for inclusionary rental and density offset will maximize development forms to 3.15 FSR.

Transit-Oriented Prime Location

The Subject Site: STRIDE AVENUE & 16TH, Burnaby BC, is situated immediately south of Kingsway within Edmonds Town Centre. This highly visible, corner location offers frontage on both Stride and 16th Avenue. The property is in close proximity to well-established outdoor amenities such as South Gate City, Byrne Creek Ravine 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.