Developer Happy Hour Recap
On October 23rd, we hosted an exclusive developer happy hour to highlight Bainbridge’s distinct character and showcase our latest listings in this vibrant area. The event provided an opportunity for developers to connect with our team and explore Bainbridge’s potential, especially as it benefits from the upcoming Burnaby Lake Village development.
During the evening, developers received updates on proposed policy changes from the Burnaby Planning Department. These updates outline promising growth opportunities that can enhance Bainbridge’s appeal as a prime investment destination, potentially boosting property values and attracting new community amenities.
Developer Feedback
Market Predictions by the Developers
For more insights into Bainbridge’s development and future outlook, stay connected with our updates.
We’re committed to keeping you informed about changes that can impact your property and neighborhood.
The Bainbridge Urban Village Community Plan is dedicated to becoming carbon neutral by 2050. This standard is highlighted throughout the community plan while creating higher density housing and encouraging a strong economy with an increase in jobs as well as connecting residents to rapid transit for commuting.
Mayor and Council unanimously adopted the bylaw amendments for Bainbridge Urban Village zoning.
A summary of the amendments is outlined in the table below.
The rezoning application of both 6800 and 7000 Lougheed were reviewed by Mayor and Council on April 24th, 2023 and were considered supportable by Staff. It is now recommended the proposals be advanced to Public Hearing. This advancement is a major milestone in the approval process of the masterplan community concept.
Although only general development guidelines for the masterplan have been proposed at this stage, the reports outline an estimated 8,300 new homes will be created catering to a range of household types and income levels. Additionally, over 1000 new jobs in retail, hospitality, and knowledge-based industries are estimated to be created as a result of the proposed development.
View 6800 Lougheed Council Report Here View 7000 Lougheed Council Report Here
Our team has been invested in the Bainbridge Community since the first announcement of the Urban Village Plan back in 2020. We have engaged with residents bringing awareness to the Plan in preparation of what this exciting opportunity will provide for the community.
The ApartmentBlocks team has engaged with the community and gathered resident feedback since 2019. From hosting meetings to summer barbeques, we’ve listened to thoughts on the Bainbridge Urban Village Plan. Considering these comments, we formulated a letter to the Mayor and Council with the top 13 suggestions for increased density beyond what Phase 2 of the Draft Plan proposes. After circulating the letter, we collected nearly 40 signatures and submitted the petition to the City of Burnaby on January 27, 2022.
We want to thank everyone for participating and encourage everyone to continue to be actively engaged in the plan. If you have any questions, you can reach out to Brandon Harding or Kat Warkentin.
Letter to Burnaby’s Mayor & Council
Bainbridge Celebration with ApartmentBlocks
Beedie is planning a transformative 10-acre master-planned community at 3676 Bainbridge Avenue in Burnaby. This project, part of the city’s Bainbridge Urban Village plan, will offer 1,112 units, including strata buildings, townhouses, and non-market rental units. The development will emphasize its proximity to Burnaby Lake and integrate natural features like Station Creek. The project’s first phase will also include environmental improvements, such as daylighting the stream. This proposal is under review, with a reading scheduled for February 25.
For more details, visit the full article here.
Application submitted by Beedie Living
The proposed Bainbridge Urban Village School is set to be built near our sites, bringing a new educational option to the area.