Quote:
Originally Posted by Spr0ckets
If they had consolidated those two lots into one, they easily could have fit two towers onto that site, flanking some townhomes with a possible mixed use/retail podium fronting Bennett.
A shorter tower on the corner of Nelson and Bennett and a taller one fronting Lobley park with a combination of a mixed retail (or live/work units) podium with townhomes bridging the two along Bennett.
But I suppose the owner of the 4930 Bennett St. corner uilding and lot probably didn't want to sell, perhaps?
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I'm pretty sure 4930 likely just didn't have anyone wanting to sell. Any developer probably had to buy the units one by one until they had enough to control the strata. Every so often I would see one unit for sale in that building and the price would be like 50% higher than the last time it was up. So at this point it wouldn't surprise me of each unit in that building is $1m since they're assessed at 600K ea.
https://www.bcassessment.ca/Property/Info/QTAwMDAzV0E3QQ==/
205-4930 BENNETT ST BURNABY $978,700
Looks like there's 12 units total, 6 on each floor with all the other units being between assessed between 500K and 600K.
It's not a very big lot, just like all the properties on Marlborough, these are going to be skinny towers that I question the ability of the proposed towers resistance to high winds.