A controversial piece of property in central Coquitlam that’s sat vacant for years will get a new lease on life, in a move that was widely opposed at a public hearing Monday.The property is located at 1649 Como Lake Ave., directly west of the Chevron station at the intersection with Poirier Street.

The proponent, represented by Tideway Developments, wants to consolidate two lots at 1649 and 1665 Como Lake Ave. to make way for a one-storey, 6,600-square-foot development encompassing four businesses.

What those businesses will look like remains unclear, as the developers are still seeking interested parties. The city’s zoning policy allows only for businesses like a grocery store, specialty food retailer, flower shop or seasonal Christmas tree stand.

The rezoning was endorsed unanimously, despite a handful of residents at the public hearing citing concerns around increased traffic, crime and vandalism, a loss of property values, and the belief that commercial units don’t belong in the neighbourhood.

Read more: http://www.thenownews.com/news/long-vacant-lot-in-coquitlam-to-be-redeveloped-1.1077604

Here is a snapshot of benchmark pricing for single family, townhomes and condos in North Vancouver as of May 2014.

Source: REBGV

Plans are coming together for the Southgate neighbourhood, the 48-acre Safeway distribution centre that was sold to Ledingham McAllister in 2012. The City of Burnaby has been working through a draft plan since last year and has now released a concept for the site.

Overall Site Plan

The preliminary plan includes the following:

• A gross density of 2.8 FAR
• 5.8 Million SF of Market Residential
• 200,000 SF of Commercial Space
• Approx. 20 towers up to 46-storeys in height
• 15-20 year build-out

Tower Heights

Edgemont Village North Vancouver Development Site Brochure

By ChangingCity

In 2011 we noted how Maddox, a 34 storey tower designed by IBI/HB, and Salt – this building – would change the neighbourhood. Both are now complete.

Maddox is more colourful; the Hornby Street tower for Concert Properties designed by Bingham Hill is less so.

It’s actually shorter than Maddox at 31 storeys, but somehow seems bigger as it was squeezed onto a small corner site where Ticketmaster used to have an office.

…read more

Source: Changing City