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Condo, Investment, Office, Retail

Five Towers, 1,386 Units, Planned for Coquitlam Inn Site

Anthem Properties is proposing to rezone a 6.0 acre site at 319 North Road for their upcoming project, entitled “SOCO“. The site is currently home to the Best Western Plus Coquitlam Inn Convention Centre and liquor store. 

The application to the City of Coquitlam proposes to rezone the site from the existing C-2 General Commercial and RS-l One-Family Residential to C-7 Transit Village Commercial to accommodate a phased, mixed-use development.

The site is located within the Burquitlam-Lougheed Neighbourhood Plan (BLNP)
and the Burquitlam-Lougheed ‘Core’ area in the TDS. The current OCP land use
designation on 319 North Road is Transit Village Commercial, and the current
designation on 566 Lougheed Highway is High Density Apartment Residential.

The proposed development includes 1,386 market condo units in five towers,
along with retail, restaurant, and office space. The overall gross buildable area can be up to a maximum of 1,185,607 SF.

The first phase of the project is located along North Road, and includes two towers (27 and 31 storeys) with condo units above a podium with a large restaurant space, commercial retail units, indoor and outdoor amenity space, and office space. 

The other three towers, to be built in three further phases, include tower heights of 24, 34 & 44 storeys.

Details of the first phase include:

  • 494 condo units;
  • 50 studios, 192 one-bedrooms and 252 two-bedroom units;
  • 7,501 SF of restaurant space;
  • 7,990 SF of retail space;
  • 50,316 SF of office space;
  • a total site density up to 4.5 FAR;
  • 843 parking spaces;
  • a new East-West collector and North-South Road;
  • $45.9 Million in density bonus funds and CACs.

The architect for the project is IBI Group.

July 9, 2018by david.taylor@colliers.com
Development

Beedie Planning 356 Units for Austin Heights Safeway Site

Beedie Living has submitted a rezoning and development permit application to the City of Coquitlam for the Safeway site at 1029-1033 Austin Avenue. The application seeks to permit the development of two residential towers integrated with the Safeway store currently under construction.

The 2.27 acre site is currently partly under development for a new Safeway store with a scheduled opening of Summer 2019. The recently approved Austin Heights Neighbourhood Plan allows redevelopment of the site. The concept is for two towers to flank the new Safeway store, built in two phases.

The proposal calls for:

  • Two residential highrises of 26 and 27-storeys in height;
  • 356 total condo units;
  • 167 one-bedrooms, 153 two-bedrooms, 32 three-bedrooms and 4 four-bedrooms;
  • 10 units of non-market housing;
  • a total density of 3.97 FAR;
  • 741 underground parking spaces (including currently contemplated Safeway spaces).
  • A density bonus funds payment of $5,180,000.

The architect for the project is Chris Dikeakos Architects.

June 15, 2018by david.taylor@colliers.com
Apartment, Development

Condos and Rentals Proposed for Burquitlam Site

Amacon has submitted rezoning and development permit application for a 1.60 acre site in the rapidly developing Burquitlam area on the Western edge of Coquitlam.

The application proposes to rezone the site at 500 Foster Avenue and 633 North Road from the current RM-2 zoning to RM-6 in order to permit a new high density residential development. The site is located within the Burquitlam Lougheed Neighbourhood Plan and is designated High Density Apartment Residential in the OCP and is located within the Transit Corridor “Shoulder” area of Burquitlam-Lougheed in the Transit-Oriented Development Strategy (TDS). 

The site is currently occupied by two, three-storey apartment buildings providing 89
units of rental housing which will be removed and replaced as part of the proposed development.

The development proposal includes:

  • a 41-storey tower with 304 market condo units;
    • 138 one-bedrooms, 136 two-bedrooms & 30 three-bedrooms;
  • a 6-storey lowrise building with 93 rental units;
    • 17 studios, 49 one-bedrooms, 17 two-bedrooms and 10 three-bedrooms;
  • one retail unit totaling 1,700 SF;
  • a total density of 5.0 FAR;
  • 21,700 SF of amenity space;
  • 448 underground parking spaces.

The architect for the project is Chris Dikeakos Architects.

June 15, 2018by david.taylor@colliers.com
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