Beedie Living is proposing changes to its proposed development on the 89 acre ‘Fraser Mills’ site in Southwest Coquitlam, branded the Village at Fraser Mills.
The project, one of Metro Vancouver’s largest ever master planned communities, was approved nearly a decade ago when the City of Coquitlam approved a master plan including up to 3,700 residential units. In the years that followed, there has been very little development of the site, with only three industrial buildings having gone under construction more recently.
Beedie has now applied to the City to revise the overall plan for the site, citing “changing market conditions over the past nine years”.
Key changes being proposed include:
- Adding 1,000 residential units (up to 4,700)
- Increasing the number of towers from 10 to 15;
- Increasing tower heights up to 41-storeys;
- Increase in total density from 4,062,430 SF to 4,757,000 SF;
- Expanding the plan area to include vacant 4.8 acre Air Care site;
- Addition of a 40,000 SF public community centre with aquatics;
- Reducing the industrial space by 250,000 SF;
- Reducing the proposed retail space by 50,000 SF;
- Replacing the post-secondary use with a 4-storey strata office building;
- Retaining the Kiewit Wharf as a public amenity;
- Removing the elementary school use;
- Reduction in number of project phases from 16 to 9.
Should council endorse staff’s recommendation to move forward to the next phase, the proposed changes would go through further planning and another round of public consultation before the development is fully approved.
Further details regarding the application can be viewed here: http://www.coquitlam.ca/docs/default-source/council-agenda-documents/councilincommittee_2017_10_23_-_item_6.pdf?sfvrsn=2
