Port Moody Site Slated for 204 Units + Retail
A rezoning application has been submitted by Mosaic Homes for a new development at 3015-3093 Murray Street in the Moody Centre area of Port Moody. The site is located on lands with the relatively new “Mixed Employment” OCP land use designation.
The 100,000 SF site currently vacant and being used for construction storage. This area has traditionally been an industrial area in transition. The site is in close proximity to the Moody Centre SkyTrain and West Coast Express station, though access is currently only possible via two circuitous routes, the pedestrian overpass accessed off Klahanie Drive or the Murray Street overpass, both of which are approximately one kilometre. If and when on overpass is constructed over the CPR line from the station area, the site will be between 200-300 metres from the station.
Mosaic is proposing to rezone the site from Light Industrial (M1) to allow three 6-storey mixed-use buildings located on a two-storey parkade that acts as a podium to the south abutting the CPR rail line and is wrapped with commercial retail units on the Murray Street and Electronic Avenue
Details include:
- 204 condo units;
- 102 one-bedrooms & 102 two-bedrooms;
- 17,900 SF of ground floor retail;
- a total density of 2.02 FAR;
- 301 parking spaces;
- 43,000 SF of outdoor amenity space on the parkade podium.
The application may require an OCP amendment as the intent of the Mixed-Employment designation was to include light industrial uses or second floor office space.
The architect for the project is Michael Green Architecture.
Mosaic acquired the site in 2017 for $18,300,000 or $88 per buildable SF based on the application.