Concert Properties has submitted a development application for the first phase of their 550 Cottonwood Avenue project in the Burquitlam area of Coquitlam.

A master plan for the 6.7 acre site, which is currently improved with 12 walkup apartment buidlings, was originally approved in 2019. It envisions two rental towers, four condo towers, a daycare and amenity building, and park dedication.

The plan for Phase 1 of the project is two towers :

• a 37-storey tower with 347 market rental units (incl. 54 non-market units)
• a 30-storey tower with 275 condos;
• a 2-storey amenity/daycare building;
• 1.67 FAR (on entire site area – 5.50 FAR max for the site)
• an extension of Cottonwood Park.
• $3.6 Million in DCCs
• $4.8 Million in density bonuses.

Phase one is located in the Northeast corner of the site.

The architect for the project is Rafii Architects.

Wall Financial has submitted their rezoning application for 670 East Broadway, at the Southwest corner of Broadway and Fraser in East Vancouver. It is one of the first applications in the Broadway Plan seeking a mix of condo and social housing instead of rental and below-market rental.

The 20,200 SF site is located in the Mount Pleasant Centre – Area F (MCEF) of the Broadway Plan.

The proposal is to allow for the development of a 17-storey building with a 6-storey podium over 4 levels of underground parking and includes:

• 137 residential units;
  • 24 social housing units
  • 113 condo units
• 3,800 SF of retail space on the ground floor;
• a total density of 6.0 FSR;
• A building height of 180 ft.

This application is being considered under the Broadway Plan.

The architect for the project is Bingham Hill.

The site was acquired in 2022 for $21,100,000 or $173 per buildable SF.

A rezoning application has been submitted to the City of Port Moody for a new stacked townhouse development on a land assembly consisting of five single-family lots totaling 43,555 SF

The site, located at 2213-2229 Clarke Street, has an OCP designation of ‘Multi-Family Residential and Mixed Use – Moody Centre’.

The proposal is for five 3-storey stacked townhouse buildings, and includes:

• 40 units;
• 30 two-bedrooms & 10 two-bedrooms;
• a total density of 1.30 FAR;
• 90 underground parking spaces.

Port Moody’s Inclusionary Zoning – Affordable Rental Units Policy does not apply to projects
proposing a residential density less than 2.0 FAR. As this application proposes a FAR of 1.3,
no rental or below market rental units are required or provided.

The application requires an OCP amendment as two of the lots require commercial uses, but only residential is being proposed.

The architect for the project is Igel Architecture.