Posted on January 05, 2015

2014: Highlights from a Memorable Year

As we embark on a new year, we want to share with you some of the highlights Beedie Development Group marked in 2014. We are grateful to the community, our partners, and homeowners for making 2014 a memorable year, one in which we were able to launch notable projects, create hundreds of jobs, initiate philanthropic programs, and mark a company milestone.

February: Beedie Development Group marked 60 years in business. CEO Keith Beedie says it all came down to the toss of a coin – declare bankruptcy or keep going. “That’s how I did it,” Beedie told the Vancouver Sun. “Tossed a coin.” In 60 years, BDG has become the largest landlord and developer of industrial land in British Columbia. In recent years, the company expanded to include a residential division, Beedie Living, and an investment division, Beedie Capital Partners.

April: Coquitlam city council approved Beedie Living’s development, Crown, a 26-storey residential high-rise close to the future Evergreen Line’s Burquitlam Station. Through a unique partnership with YWCA Metro Vancouver, Crown will build seven townhomes for YWCA Como Lake Gardens, expanding on the organization’s existing affordable housing for families led by single mothers. The homes at Crown are now selling.

June: Phase Two of Station Square, Metro Vancouver’s largest transit-oriented development currently under construction, sold nearly 600 homes over two weekends, making it one of the most successful launches in Western Canada. The City of Burnaby credits developments like Station Square for attracting new business to the city.

October: The start of the second and largest phase of Station Square launched with a news conference where the development team, Beedie Living and Anthem Properties Group, announced it will double the workforce to build the next two high-rises of the transit-oriented development. With 650 direct construction jobs, thousands of indirect jobs will be created.

November: Earlier in the year, Beedie staff launched a philanthropic initiative called 60|60 to mark the company’s 60th anniversary. The goal was to raise $60,000 by February 2015 to support a local cause where the funds would have a large impact. The Keith & Betty Beedie Foundation pledged it would match that amount. In November, through the Vancouver Sun’s Adopt-A-School program, Beedie staff launched a school meals program at Douglas Elementary School in Burnaby. By December, the fundraising goal was reached … two months ahead of schedule!

November: The Urban Development Institute (Pacific Region) inducted Keith Beedie into the UDI Hall of Fame. He accepted the honour at the annual awards gala, which was attended by more than 700 people from Metro Vancouver’s development industry.