Escalating costs force redesign of union-developed rental housing in Burnaby

📆 8/26/2023 10:30 AM
📰 BurnabyNOW_News

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With 'significantly' escalating financing and construction costs, the BCGEU has submitted 22 proposed changes to Burnaby council which it believes are 'necessary' to keep the non-market affordability target without reducing the number of rental units.

Market conditions are forcing design changes upon a union-developed affordable rental project in Burnaby.

The development at 6877, 6891, 6913, 6939 and 6945 Palm Ave., which made headlines last year, was proposed with two towers including 292 rental units above BCGEU offices, as well as a café and an affordable child-care facility.

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