Polygon is bringing forward an updated version of their Coronation Heights project to Coquitlam City Council. The 11.3 acre site is a former elementary school that was purchased in 2016. It sits directly East of Wesgroup’s proposed master plan community for Coronation Park, on the Port Moody side.

The original development application was made in March 2021 and has since been refined based on Council and community feedback. Polygon has also acquired additional surrounding lots now incorporated into the plan and has increased the total rental units in the project.

The current proposal includes:

• Nine towers between 29-47 storeys in height;
• 2,834 residential units;
• 2,050 condos;
• 784 rental units including below market units;
• a total density of 5.53 FAR;
• a one-acre public park on the Northwest corner;
• two child care centres;
• a 27,000 SF amenity building;
• 3,600 SF of commercial space.

The project is intended to be built over 6 phases.

The overall project DCCs, density bonus payments and CACs are estimated to be $140 Million.

I am pleased to announce the sale of 6417 Bruce Street in the Horseshoe Bay Village area of West Vancouver.

This 12,200 SF site benefits from strong existing parking revenue, and a well defined OCP designation allowing up to 4-storeys.

Sites like these don’t come up often on the North Shore and our marketing campaign was able to generate multiple offers for our client and ultimately, a successful completion in a relatively quick timeframe.

Please feel free to reach out for further details.

A rezoning application has been submitted to the City of Vancouver that would allow a new rental townhouse development on a one-acre single family lot at 1890 SW Marine Drive in Vancouver.

The site is currently improved with a newer 4,300 SF house with a pool and tennis court. The house was built in just 2005. It most recently sold in 2017 for $10,500,000.

The zoning would change from RS-1 to CD-1. The proposal includes:

• 28 secured market rental units;
• A total density of 0.73 FSR;
• Building heights of 41 ft.; and
• 24 underground vehicle parking spaces and 68 bicycle parking spaces

The application is being considered under the Affordable Housing Choices Interim Rezoning Policy.

The architect for the project is Stuart Howard.

We are pleased to announce the successful completion of sale of 3233-3245 Fraser Street in East Vancouver.

Paul Y. Construction has submitted a rezoning application to the City of Vancouver for a site at 848 Seymour Street in Downtown Vancouver.

The proposal is to allow for the development of a 30-storey hotel that includes:

• 393 hotel rooms;
• a total density of 17.7 FSR;
• A building height of 317 ft.; and
• 59 vehicle parking spaces and 33 bicycle parking spaces.

The application is being considered under the Rezoning Policy for the Central Business District (CBD) and CBD Shoulderand the Metro Core Jobs and Economy Land Use Plan.

The architect for the project is Perkins & Will.