OpenRoad Auto Group has plans to redevelop its Honda dealership at 6984 Kingsway in Burnaby’s Edmonds Town Centre into a high-density, mixed-use development.
The 1970-built dealership is located near the southeast corner of the intersection of Griffiths Drive and Kingsway, and about a 10-minute walk from SkyTrain’s Edmonds Station.
The redevelopment, designed by IBI Group, calls for a 419-foot-tall (127-meter-tall), 40-story condominium tower on the south side of the site, and a six-story rental housing and retail building on the north side facing Kingsway.
Both buildings will have a combined total of 426 homes, including 346 condominium units, 69 rental homes, and 11 townhomes.
The condominium unit mix is 75 studios, 37 one-bedroom units, 195 two-bedroom units, and 39 three-bedroom units, while the rental home unit mix is 15 studios, 12 one-bedroom units, 30 two-bedroom units, and 12 three-bedroom units.
The rental housing component is guided by the city’s Rental Use Zoning Policy stream that tops off a strata residential building with 20 percent additional homes that are rentals, and the further stipulation that 25 percent of the rental homes (17 units) be set at below-market rates. The remaining 51 rental homes will be set at market rates.
Condominium residents will have access to 7,600 square feet (706 square meters) of indoor amenity space, and rental residents will have about 1,700 square feet (157 square meters). Ample outdoor amenities are planned, including a reflecting pool within the courtyard framed by the townhomes.
About 6,400 square feet (594 square meters) of retail and restaurant space on the ground level of the rental building will provide the Kingsway corridor with a continuous commercial frontage.
Greenford Avenue on the east side of the property will become a cul-de-sac accessible from Kingsway, with the side street’s southern half closed and converted into a pedestrian greenway. Four levels of underground parking, accessible from the truncated Greenford Avenue, will hold 467 vehicle parking stalls and 937 bike parking spaces.
The Greenford Avenue greenway will connect to Beresford Street to the south, which is also envisioned to be closed and converted into a greenway, based on the municipality’s Edmonds Town Centre Plan (ETCP).
The project’s total floor area is 365,358 square feet (33,942 square meters) for a floor area ratio (FAR) density of a floor area that is 4.57 times larger than the size of the 79,900 square feet (7,422 square meter) lot. This includes bonus densities of 0.85 FAR for inclusionary rental housing, and 1.1 FAR given the site’s location in the ETCP.
Just to the west at the intersection’s corner, the property could potentially be redeveloped into a 38-story tower.
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