Concord Pacific, best known for their development of the Expo Lands which later became Yaletown, is looking to recreate that success in Burnaby with their latest master-planned community, Concord Brentwood.
There has been a flurry of development recently around the Brentwood Skytrain Station, with Appia (Bosa’s) SOLO District development, and the redevelopment of Brentwood Mall by Shape Properties. Shape’s development will eventually include up to 10 condo towers and a new shopping centre at the corner of Willingdon and Lougheed Hwy.
Concord Brentwood will be located south of the Lougheed Highway, between Beta and Delta avenues. It will feature a 13 acre park, 10 condo towers between 40 to 45 storeys tall, and retail spaces including a full service grocery store. There is also space reserved for a future school in the neighbourhood. The towers are designed by James KM Cheng Architects.
Realtor Adil Khilmani has been tweeting some details about the development, ahead of this weekend’s first public preview:
- Prices between $700-$800 square foot
- All homes will have air conditioning
- 10-10-5 (25%) regular deposit. 5-5-5 (15%) deposit for first time home buyers. Mortgage helper plan also available.
Marketing of the development centres around creating a second “Yaletown” in Burnaby:
Whether or not Concord will be successful with recreating the same feel of Yaletown, which was built around an existing district of historic warehouse buildings, remains to be seen. But you have to admire the marketing.
Here’s a look inside one of the phase one units, with its unique sliding door system that opens completely:
One bedrooms start at 534 square feet and two bedroom units start at 735 square feet. Parking spots are not included with the units and can be purchased for between $30,000-$35,000, depending on size. No word on pricing yet.
Phase one goes on sale soon, with registration underway at www.concordbrentwood.com.
There is also a public preview scheduled for this weekend, June 18 and 19 from 11 a.m.-5 p.m., at the Concord Pacific presentation centre at Metropolis at Metrotown.
Interestingly, the presentation centre is located near the Sears department store at Metrotown, of which the land Concord Pacific recently acquired.