The owner of Brentwood Town Centre in Burnaby has plans to transform the site in a redevelopment that will see some of the tallest residential buildings in Western Canada.
Shape Properties will break ground on the first phase of their redevelopment of the Burnaby shopping centre this spring.
The company plans to construct a new 500,000-square-foot outdoor shopping centre and plaza at the corner of Willingdon and Lougheed.
The new shopping centre will be flanked by two 60-storey residential towers.
Darren Kwiatkowski, Executive Vice-President of Shape Properties, says that the site presents a rare opportunity directly on a Skytrain line.
“28 acres sitting on Skytrain at the corner of Lougheed and Willingdon doesn’t come along every day. It’s a pretty unique and fantastic opportunity.”
He says buyers today want to be able to live and work in the same community.
“This takes mixed-use to a whole new level. You hear live, shop, play tossed around; here we have 28 acres, we will have groceries, high-quality restaurants, boutiques, bakeries. It’s all there — this really takes it to a new level.”
The existing shopping centre will stay open while phase one of the redevelopment is underway.
The City of Burnaby identified Brentwood 10 years ago as one of the town centres ripe for redevelopment, says Kwiatkowski.
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