117-Unit Project Planned for Port Moody Site
Porte Development has submitted a rezoning application to the City of Port Moody for two properties with a combined site area of 40,041 SF located at 3227 and 3239 St. Johns Street. The two lots are currently occupied by an automotive shop and an auto dealership.
The application proposes a new 6-storey mixed commercial/residential project comprising:
- 117 condo units;
- 68 one-bedrooms, 39 two-bedrooms and 10 three-bedrooms;
- 10,379 SF of retail space on the ground floor;
- a total density of 2.80 FAR;
- 181 underground parking stalls;
- a total CAC charge of $595,706 ($5.30 per SF)
As part of the project, Porte has proposed an affordable housing program which consists of:
- a “locals-first” marketing program where Port Moody residents will have an opportunity to purchase a unit before sales are opened to the wider public;
- a 3% discount to Port Moody community workers
- a housing agreement to ensure that any future residential strata corporation cannot enact bylaws or regulations that would preclude an owner from renting their unit; and
- a total of 10 rental units (nine market units and one below-market unit) The proposed below-market unit would be rented for 10% below market rates.
The architect for the project is Integra Architecture.