Pinnacle International Proposes Expansion of Pinnacle Lougheed Project in Burnaby

📅 2 months ago

Pinnacle International's Pinnacle Lougheed project in Burnaby is set to undergo expansion with the addition of more strata units, hotel and restaurant spaces, and taller towers. The project includes Phase One with 77-storey and 87-storey towers, as well as plans for Phase Two and Phase Three. Additionally, a related project at 3846 Carrigan Court will see revisions to include more strata units and non-market rental units.

The expansion of the Pinnacle Lougheed project in Burnaby signifies significant growth in the residential construction sector. The addition of hotel and restaurant spaces reflects current market trends towards mixed-use developments. The project's impact extends to the inclusion of non-market rental units, aligning with regulatory requirements and addressing housing affordability concerns.

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