Beedie Group is seeking to develop three condo towers as part of a mixed-use project in the Vancouver suburb of Port Moody, B.C.
The company is developing the transit-oriented project in the Spring Street area through its Beedie Living affiliate. Beedie has submitted a development application to the City of Port Moody. The application includes an amendment to the area’s official community plan, Beedie said on the project’s website.
Plans call for the construction of three condo towers up to 39 storeys. The buildings are to be located at 2806 Spring Street and 3060-3092 Electric Avenue.
Mixed-use components will include non-market housing and employment spaces along with enhanced public areas, said Beedie. The project supports the city’s transit-oriented development vision, the company added.
The towers will comprise 972 residential units atop one-storey podiums that include retail, office, work-from-home and co-working spaces that could create up to 600 jobs, the Tri-City News reported.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.