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Land, Market Research

City of Coquitlam Outlines OCP Review Process

City of Coquitlam council has released a report outlining the timing, process and scope of their OCP update.

As with other municipalities, work was already underway on an OCP review as of 2023 before the Provincial legislation changes. Now, the in-progress OCP review has been tweaked to accommodate the new legislation.

Coquitlam’s last full OCP was completed in 2002 and has been updated incrementally through various neighbourhood plans.

The staff presentation identifies potential land use designations:

Planning staff is now proposing an overhaul of the OCP, streamlining it by consolidating all neighbourhood plans into a single consolidated OCP, with all maps in dedicated schedules.

The report outlines the OCP update project as follows:

The OCP Review project is scheduled for completion in fall 2025, well ahead of the December 31, 2025 deadline for the provincial housing legislation OCP updates. The three high-level phases of the project are:

  1. Prepare (completed): review and analyze existing content to inform and
    support the overall project;
  2. Update (Summer 2024-Spring 2025): draft the necessary changes and
    prepare new draft document; and
  3. Adopt (Summer-Fall 2025): bring a draft of the updated OCP forward for
    consideration and adoption.

The report outlining the OCP review can be viewed here: https://coquitlam.ca.granicus.com/MetaViewer.php?view_id=2&event_id=1788&meta_id=75600

July 8, 2024by david.taylor@colliers.com
Condo, Development, Rental

Phase One of Concert’s Cottonwood Lands Project to Include Two Towers, 649 Condos & Rental Units

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.

June 17, 2024by david.taylor@colliers.com
Development

PARC Revises Coquitlam Seniors Project

PARC Retirement Living has submitted a new rezoning application for their proposed seniors highrise at 1015 Austin Avenue in Coquitlam.

A previous application from 2022 granted second and third readings but Council raised some minor concerns about the design of the project.

The site is 24,830 SF and is located in the Austin Heights Neighbour Plan area of Coquitlam.

The current proposal is for a 21-storey high rise with independent living units and below market seniors rental units.

Details include:

  • 154 independent living rental units;
  • 16 below market rental units;
  • a total density of 5.50 FSR;
  • 2,400 SF of ground floor retail space (3 CRUs).

The architect for the project is Francl Architecture.

June 17, 2024by david.taylor@colliers.com
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