Building Name: Concord Metrotown
4750 Kingsway
Developer: Concord Pacific
Sales Status: Preselling
Introduction
Concord Metrotown is set to be a game-changer in the transformation of Burnaby’s Metrotown area. This ambitious, multi-phase development by Concord Pacific represents a major leap forward for what was once a suburban, auto-centric shopping hub. Situated on the 9-acre site of the former Sears Metrotown, Concord Metrotown will be a pedestrian-focused, mixed-use community that integrates residential, commercial, and recreational spaces. The first development in Burnaby’s new Metro Downtown neighborhood, Concord Metrotown will be built in four phases and will feature seven towers, each perched on mixed-use podiums. These vertical villages will offer residents access to a vibrant urban lifestyle while incorporating expansive green spaces and commercial amenities. With its transformative design, Concord Metrotown is poised to set the standard for the next generation of urban living in Burnaby.
Master-Planned Community Vision
The vision for Concord Metrotown is nothing short of revolutionary. With the goal of creating a pedestrian-friendly, sustainable urban core, Concord Pacific is reimagining what it means to live in Metrotown. This master-planned community will introduce vertical villages, where high-rise living is seamlessly integrated with commercial, retail, and recreational spaces. The project is centered on creating a vibrant, walkable neighborhood where everything you need is just steps from your door. Each phase will contribute to this vision, starting with Sky Park, the first phase of the development.
Sky Park itself will be a centerpiece of Concord Metrotown, offering three residential towers ranging from 33 to 65 storeys. These towers will rise above a three-storey podium, which will house 48,000 square feet of indoor amenities on the top floor and two levels of commercial space below. Residents will enjoy access to two anchor retail spaces, an 8,500-square-foot restaurant, and two cafes, creating a self-contained community that offers all the essentials for modern urban living.
Location and Connectivity
One of the most compelling aspects of Concord Metrotown is its prime location on Kingsway, between McMurray Avenue and Nelson Avenue. As part of Burnaby’s new Metro Downtown neighborhood, Concord Metrotown is ideally situated to offer residents easy access to the best that the city has to offer. But the real highlight of this development is its proximity to the Metrotown SkyTrain Station, which provides residents with seamless connectivity to the rest of Metro Vancouver.
Located just a short walk from the development, Metrotown SkyTrain Station is a vital transit hub, connecting Burnaby to downtown Vancouver and beyond. In just 15 minutes, residents can reach downtown Vancouver, making commuting for work, entertainment, or leisure incredibly convenient. Additionally, the SkyTrain offers connections to numerous other destinations across Greater Vancouver, including UBC, SFU, and popular landmarks like Stanley Park. For those who prefer alternative transportation, the City of Burnaby’s ongoing plans for designated bike routes will provide additional layers of connectivity, making it easy to travel by bike throughout the region.
This proximity to the SkyTrain also enhances the property’s investment appeal, as demand for transit-oriented developments continues to grow in Metro Vancouver. Residents of Concord Metrotown will benefit from the convenience of living in a well-connected, accessible location, reducing the need for car ownership while enjoying all the perks of urban living.
Residential Floor Plans
Concord Metrotown will offer a diverse range of residential options to suit different lifestyles and preferences. The first phase, Sky Park, includes 1,309 new homes spread across three high-rise towers. These residential towers will feature a variety of unit layouts, ranging from efficient one-bedroom units to expansive three-bedroom homes. The diversity in floor plans ensures that there is a home for everyone, from young professionals to growing families.
Studio units will range from 398 to 538 square feet, offering a compact but luxurious living space. The one-bedroom units, spanning 538 to 603 square feet, are perfect for singles or couples seeking an upscale urban lifestyle. For those needing more space, the two-bedroom units range from 753 to 861 square feet, providing ample room for small families or those who frequently entertain guests. Finally, the three-bedroom units offer 904 to 1,166 square feet of living space, ideal for families looking for larger accommodations in the heart of Burnaby.
All units at Concord Metrotown will be equipped with modern, high-end finishes and features. Integrated home automation, European stainless steel appliances, and steamer closets are just some of the touches that will enhance daily living. These thoughtfully designed homes are optimized for comfort, style, and functionality, making them an attractive choice for buyers seeking a premium urban living experience.
Pricing
As with any premium development, the pricing for units at Concord Metrotown reflects its luxury positioning. Although specific pricing varies based on the floor plan and tower, indicative pricing suggests that one-bedroom units will start in the mid-$700,000s. Larger two-bedroom homes are expected to be priced in the low $1 million range, while three-bedroom units are anticipated to command prices starting from the mid-$1.3 million range. Given the development’s location, amenities, and design, Concord Metrotown represents a compelling investment opportunity for both homeowners and real estate investors looking to capitalize on Burnaby’s ongoing growth and transformation.
Sky Park: A New Level of Amenities
At the heart of Concord Metrotown’s first phase lies Sky Park, a sprawling outdoor and indoor amenity space designed to promote physical and mental wellness. Sky Park is more than just an amenity space; it’s a true urban oasis, offering residents a range of spaces for relaxation, recreation, and socialization.
Spanning 66,000 square feet, Sky Park features three well-balanced themes that cater to different aspects of daily life. The Wellness Sphere offers outdoor sports courts, a conservatory, a pet spa, and a yoga lawn, giving residents the opportunity to unwind and stay active in a natural setting. The Hydro Sphere includes a swimming pool, a barrel sauna, and a children’s water play area, making it a perfect spot for families or anyone looking to enjoy a leisurely swim. Finally, the Community Sphere provides co-working spaces, outdoor work pods, and an entertainment lounge, creating a blend of work-life balance within the community.
In addition to the outdoor spaces, Sky Park’s indoor amenities are equally impressive. Residents will have access to 48,000 square feet of indoor facilities, including a state-of-the-art fitness center, guest suites for visiting friends and family, and gear-up zones for cycling enthusiasts. The wide variety of amenities ensures that all residents, regardless of their age or lifestyle, will find something to enjoy at Concord Metrotown.
Surrounding Amenities
One of the many benefits of living at Concord Metrotown is the access to a rich array of shopping, dining, and recreational options just minutes from your front door. Metropolis at Metrotown, one of Canada’s largest shopping centers, is just a short walk away. With over 400 stores, services, and restaurants, Metropolis offers everything from high-end fashion boutiques to essential services, making it a one-stop destination for residents.
For food lovers, the area is home to a wide selection of dining options, from global cuisines at local eateries to fine dining experiences. Crystal Mall, renowned for its vibrant array of Asian markets and restaurants, is also nearby, offering unique culinary experiences.
Beyond shopping and dining, Concord Metrotown’s location places it near some of Burnaby’s most iconic parks and green spaces. Central Park, Deer Lake Park, and Burnaby Lake are all within easy reach, providing residents with a natural retreat from the urban environment. These parks offer a variety of recreational activities, including jogging and biking trails, tennis courts, and even paddle boarding on Deer Lake.
Concord Pacific: A Trusted Developer
Concord Pacific is a name that has become synonymous with visionary urban development. With over 30 years of experience in creating master-planned communities across Canada, including in downtown Vancouver, Brentwood, Richmond, and Surrey, Concord Pacific is widely regarded as one of North America’s most innovative and trusted developers. Concord Metrotown continues the legacy of excellence, promising to be another landmark project that will reshape the skyline of Burnaby and set new standards for urban living.
Expected Completion
The first phase of Concord Metrotown, Sky Park, is anticipated to be completed by Spring 2026. Given the scale and complexity of this project, Concord Pacific is committed to delivering a meticulously constructed and detailed development that will meet the high expectations of future residents. As the first step in the broader redevelopment of Metrotown into Burnaby’s new downtown core, Concord Metrotown represents an exciting new chapter for the city’s evolution.