HomeHousingCondosSleek 24-storey tower proposed on Burnaby's Maywood Street

Sleek 24-storey tower proposed on Burnaby’s Maywood Street

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GBL Architects keeps cranking out outstanding designs, and a proposal for a 24-storey tower on Maywood Street in Burnaby is no exception.

Kirpal Properties has applied to rezone a site at 4330 Maywood Street in the Metrotown Downtown Plan area for the mixed-use project.

The upcoming development will include:

  • 91 strata units
  • 29 rental units
  • two levels of commercial use
4330 Maywood Street rendering
Rendering of upcoming residential tower at 4330 Maywood Street near Metrotown in Burnaby. Credit: GBL Architects
4330 Maywood Street rendering
Rendering of upcoming residential tower at 4330 Maywood Street near Metrotown in Burnaby. Credit: GBL Architects
4330 Maywood Street location
Location of 24-storey, mixed-use and mixed-tenure residential tower in Burnaby. Credit: GBL Architects

As with all recent Metrotown development proposals, the existing rental units on the site must be replaced as per the city’s Finalized Rental Use Zoning Policy.

For this project, the developer is required to provide the greater of the 1:1 replacement of the existing 27 rental units or the equivalent of 20% of the proposed strata market units, excluding units achieved using density offset of the RM4s District density.

To increase affordability, the required rental units are to be offered at pre-development rents (subject to permitted Residential Tenancy Act increases) for returning tenants, and 20% below CMHC median rents for new tenants.

The tower proposal is just the latest in the Metrotown area as the neighbourhood undergoes widespread redevelopment of its aging apartment blocks.

Recent nearby development proposals include:

Overall tower view from Paterson looking east
Overall tower view from Paterson looking east. Credit: IBI Group
Grange St highrise
Rendering of future highrise on Grange Street in Burnaby. Credit: RWA Group Architecture Ltd.
Rental tower renderings
Rendering of upcoming rental tower on Kathleen Avenue in Burnaby. Credit: IBI Group
5977 Wilson Ave renderings
Renderings of upcoming tower at 5977 Wilson Avenue. Credit: Gensler Architects
Wilson Avenue tower Anthem Properties
Rendering of upcoming 44-storey tower at 6075 Wilson Avenue by Anthem Properties. Credit: GBL Architects

To view more recent Burnaby development proposals, visit our Burnaby development news page.

Peter Meiszner
Peter Meisznerhttps://www.peterforvancouver.com/
馃摙 I am running for Vancouver City Council with A Better City (ABC) and Ken Sim! Visit peterforvancouver.com for more information.
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