A partnership between Marcon and Quadreal have submitted a development application for the Chrysler dealership site in the Coquitlam Centre area for a new high density mixed use project dubbed “Coquitlam Central“.

The 12 acre site is located at the southeast corner of the intersection of Lougheed Highway and Pinetree Way, at the unofficial entrance to Coquitlam Centre.

The project is divided into two phases – a north and south phase.

• Phase 1 – North Side has an urban character and Is anticipated to be builin a single phase (i.e., no sub phases), although the building permits for each tower will likely be phased; and
• Phase 2 – South Side has a residential character and will be built in
• multiple sub phases, in a counterclockwise direction, beginning in the NW corner of Phase 2 and completing at the NE corner.

The overall proposal includes:

• 6 condo towers with 3,000 condo units;
• 2 rental towers with 1,000 rental units;
• 528,000 sq ft of commercial space, including hotel & office;
• a 3-star hotel tower with 150 rooms & conference space;
• a 170,000 sq ft office building connected to the hotel;
• An overall density of 7.15 FAR;
• 1.5 acres of public park and plaza space;
• a pedestrian/cyclist bridge over Lougheed Highway;
• On-site art valued at $900k;
• A daycare;
• An anchor grocery store;
• An estimated overall total of approximately $150M in municipal DCCs,
• density bonus payments, and CACs.

The project team will prepare the application for the first round of public engagement, through a virtual (digital) Public Information Meeting. Following the first round of public engagement and additional refinement, the project will be brought back to a minimum of one future Council-in-Committee meeting and another round of public engagement. The applicant will then refine the master development plan and development agreement, in effort to bring the application forward for consideration of First Reading. Given the scope of the project and the host of elements to be addressed. It is estimated that the application could proceed for consideration of First Reading sometime in mid-2022.

815 Hornby Street, a 6-storey office building at Hornby and Robson, has sold to Reliance Properties for $93,000,000. The 62,000 sq ft. B-class office building sits on a prime 18,660 sq ft. site that can be redeveloped to a greater density for a commercial or mixed-use highrise in the future.

The property was not publicly offered for sale, but offers were entertained from multiple buyers.

The building had been owned by the same family since 1990.

Beedie & Abcellera have formally submitted their rezoning application for the Vancouver-based biotechnology company’s new campus at 110 West 4th Avenue. The project is a joint venture between Beedie and Abcellera.

The proposal is to build a 9-storey office and laboratory building on the 30,205 sq ft site, changing the zoning from I-1 to a new CD zone. The proposal includes:

• 221,343 sq. ft. of office & labratory space;
• a total density of 7.0 FSR;
• A building height of 151 ft.;
• 268 underground parking spaces and 88 bicycle spaces.

The application is being considered under the Metro Core Jobs & Economy Land Use Plan andPolicy on Consideration of Rezoning Applications during the Broadway Planning Process.

The rezoning and development permit application review process will take place concurrently.

Abcellera will also occupy the neighbouring 4-storey office building currently under construction.

The architect for the project is Francl Architecture.

The MEC Building at 1077 Great Northern Way in the False Creek Flats area has sold to a partnership between Low Tide Properties and PCI Group for $103,000,000, or $916 per sq ft.

The site allows for a future expansion of the current office building by approximately 60,000 sq ft. on the Northern part of the almost 2-acre site.

The 112,400 SF office building was built in 2014 by Mountain Equipment Co-op and was subsequently sold, most recently in 2018 to Crestpoint for $75,000,000.

Since early 2020, MEC had been attempting to sublease most of the building.

Cressey has submitted a development permit amendment application for the site at 2992 Glen Drive, in the Coquitlam City Centre area.

The site was originally approved for a 9-storey office building in 2011, as part of the rezoning for this site and the neighbouring residential sites (M1, M2 & M3). The office tower is the fourth and final phase.

The site is designated City Centre Commercial and zoned C-7 High Density
Commercial. There is a vacant residential sale centre and a surface parking lot on site.

The original plan from 2011 included a 9-storey office tower with 53,000 SF. The new revised proposal is for a 14-storey strata office tower that includes:

• 78,000 SF of gross commercial space;
• 64 strata office units;
• 3 strata retail units;
• 145 below & above-ground parking spaces;
• a 6,600 SF outdoor amenity space on the roof and podium deck;
• a building height of 211 ft.

The architect for the project is RHA Architects.