Sold | High-Density Residential Development Site in Metrotown

Colliers is pleased to announce the opportunity to acquire a large 61,258-SF residential development site designated RM4s/RM4r, situated in the Metrotown Downtown Plan.

The Property is located in the Metrotown Town Centre area in the southwest quadrant of Burnaby. Burnaby enjoys a central location within the Metro Vancouver region and is the third largest city in BC.

Metrotown is one of the region’s most developed and fastest growing neighbourhoods anchored by Metropolis, the province’s largest shopping and entertainment complex with over 450 brand name stores and 3 office towers. Metrotown provides convenient access to Downtown Vancouver by SkyTrain, bike, automobile, or bus, and easy connections to New Westminster, Surrey and other municipalities. The Metrotown area is serviced by the Expo Line and Millennium Line Skytrain, providing access to Downtown Vancouver in just 15 minutes.

With abundance of public amenities such as parks, community centres, a public library and child care facilities, Metrotown is fast becoming one of the most desirable neighbourhoods in the lower mainland.