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Downtown Burnaby is the Future of Business

Feb 19 2018 The Centre

THE CENTRE at Sun Towers is creating a new hub of commercial activity in Downtown Burnaby and Metro Vancouver, offering a higher level of sophistication to office and retail ownership. Select from 70,000 square feet of brand new AAA office space with exclusive lobby or 30,000 square feet of prime retail space, including an on-site daycare, restaurant/spa and two levels of underground parking.

As the third largest city in British Columbia, Burnaby is growing steadily in population and employment, with the added advantage of being located right in the geographic centre of Metro Vancouver. The Metrotown Downtown Plan was recently approved by Burnaby City Council. This plan will see Metrotown transition to Metro Vancouver’s second official downtown and enable higher density commercial and residential development projects. In accordance with the City of Burnaby, their 40-year plan includes the redevelopment/revitalization of Metropolis at Metrotown with a possibility of replacing the existing mall with a mixed-use development.

Unprecedented growth is planned for the area in the next twenty years, with an additional 120,000 people expected to move to the city by 2041, bringing the total population of Burnaby to 345,000, equivalent to 52% growth. More specifically, the Metrotown area is expected to grow exponentially with 148% population growth, 70% job growth and 146% growth in dwelling units by 2041. Considerable municipal commitment to regional-scale infrastructure and transportation priority has made Metrotown the prime central business district, enhancing employment and business opportunities as the cultural, shopping and entertainment heart of Burnaby.

In anticipation of the expected population growth in the Metrotown area and growing demand for childcare, THE CENTRE offers the rare opportunity to purchase a 13,948 square foot on-site daycare space with a 7,228 square foot private, outdoor area. The exclusive lobby entrance on the ground floor and designated underground parking will ease the logistics of childcare for tenants and owners within Sun Towers as well as the surrounding community. The daycare and accompanying outdoor space has already been pre-approved by the City of Burnaby, providing peace of mind for interested childcare providers.

With the majority of units sold out during opening weekend, a limited quantity of daycare, office and restaurant space is available for sale. For more information on ownership opportunities at THE CENTRE at Sun Towers, please visit our website: www.thecentreatsuntowers.com or call: 604 336 0899.

Source: westca.com