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Baydo Group gets federal loan for Burnaby project as nation boosts apartment construction

Richmond-based developer plans to open the 388-unit Metrotown next year
The Baydo Apartments is scheduled to open next year with 388 units across two towers. (Baydo Group)
The Baydo Apartments is scheduled to open next year with 388 units across two towers. (Baydo Group)
CoStar News
March 10, 2026 | 5:44 P.M.

Real estate developer Baydo Group broke ground on two apartment towers in Burnaby, near Vancouver, after receiving a $115 million construction loan from the federal government.

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News | Baydo Group gets federal loan for Burnaby project as nation boosts apartment construction