Wesgroup has submitted a pre-application for an OCP amendment and rezoning for a 15-acre, 59 single family lot land assembly in the Coronation Park neighbourhood on the Eastern edge of Port Moody.

In 2017, the City of Port Moody amended their OCP to include the Coronation Park Neighbourhood, thereby allowing a significant amount of potential new density. A number of assembly efforts emerged in the following couple of years, with Wesgroup emerging now having 48 of the 59 lots under contract.

Six properties to the north of Guilford Drive, including the large townhouse site (Balmoral Place) and the Esso gas station are not included in the assembly.

Wesgroup’s preliminary proposal for the 645,301 SF site includes:

• Six highrise towers (32-36 storeys), five lowrises
• Approximately 2,800 residential units;
• 450 market rental units and 50 affordable units;
• 12,000 SF of retail;
• a total density of 4.40 FAR;
• one acre of park space;
• a road network based largely on existing site grades.

In it’s application cover, Wesgroup notes that they have until June 2022 to enact a rezoning as part of their agreements with owners. They also note contingency plans to deal with remaining holdout owners.

The next step for the project will be to move to a formal OCP Amendment and Rezoning Application later this year.

The architect for the project is Ciccozzi Architecture.

An OCP Amendment and Rezoning Application has been submitted by Porte Communities for a site located at 1865-1895 Charles Street, on the Western part of Port Moody.

The 96,000 SF site was sold by our team in 2017.

The proposal consists of two condo buildings (appearing as 4-storey and 5-storey buildings on front elevation) that includes:

• 184 condo units;
• 79 one-bedrooms, 86 two-bedrooms & 19 three-bedrooms;
• a total density of 1.85 FAR;
• 279 underground parking spaces.

Due to the slope of the site, the rear building is technically 8-storeys and would require an OCP Amendment. The lots will be rezoned from RS-1 single family to RM-8.

The architect for the project is GBL Architects.

BLDG Development (W. Laidler Sales Corporation) has submitted a revised application to the City of Port Moody for a site first pitched for a rental project in August 2019.

The 18,000 SF site is located at 148-154 James Road, just East of Moody Middle School. The 2019 proposal was for a 6-storey rental and condo building with 64 conventionally sized units and a density of 3.14 FAR.

The modified application would keep the 6-storey building form, but would include the following:

• 114 units (92 strata, 22 rental);
• 66 studios, 43 one-bedroom units & 5 two-bedroom units;
• Average units sizes of 359 SF for studios, 472 SF for one-bedrooms;
• a reduced total density of 3.0 FAR;
• 68 parking stalls.

In a unique model, the project would contain “a total of 22
rental units (for a period of ten years) and 92 strata units. Of these units, 11 rental units and 11 strata units would be reserved for lower income earners who earn less than $51,000 per year.

The 11 strata units would have a restriction on resale for two years. There would be no restrictions placed on the remaining 11 rental units.
Although a total of 11 rental and 11 strata units would be reserved for persons earning less than $51,000 per year, it is unknown at this time whether the rental rates or purchase prices would be reduced to an amount that would be considered as below-market or affordable housing. As a
reference, the BC Housing 2019 Housing Income Limits (HILs) rates would suggest a monthly rent of $1,288 for a one-bedroom or studio unit, but likely does not take into consideration the smaller micro dwelling style units, as proposed with this project.“

In addition, a pre-release of the units would be available for and marketed specifically to:

• persons earning less than $51,000;
• persons aged 65 years and older;
• persons with mobility challenges;
• families where two generations are seeking to reside in separate units in the same building; and
• persons who qualify for BC Housing’s Shelter Aid For Elderly Renters (SAFER) program.

The architect for the project is Integra Architecture.

The project is at the Community Planning Advisory Committee and would require referral back to Council for approval.

Bold Properties has submitted a revised application to the City of Port Moody for a seven-lot land assembly they own on Clarke Drive between St. Johns and St. George streets, next to the site of the old Barnet Hotel.

An earlier version of the proposal was defeated at Council in December 2019 amid questions regarding the affordable housing component of the project.

Plans for the 62,000 SF site include two 6-storey buildings entitled ‘Paramount‘. Details:

• 163 condo units;
  • one studio, 78 one-bedrooms, 75 two-bedrooms & 10 three-bedrooms;
• an overall density of 2.40 FAR;
• 217 resident parking spaces and 27 visitor spaces;
• 270 bicycle parking spaces.;
• land dedication for an additional northbound travel lane & multi-use pathway on Clarke Road and St. Johns Street;
• improvements to the existing trail from the end of St. George Street to Moody Secondary School; and
• an affordable housing approach based on BC Housing’s Affordable Home Ownership Program.

The application describes the revised affordable housing proposal:” to offer potential first time home owners who are currently renting, with an option to enter the housing market. However, the City is not being asked to consider any fee waivers as initially requested and as such, it is not involved as a partner. While the details of the revised program are still being developed, Bold has confirmed that there will be a locals-first marketing program, and BC Housing indicated that they would be open to responding to individual situations on an as-needed basis if units need to be vacated before the five-year residency requirement has been satisfied.

Staff will continue to work with Bold and BC Housing to understand all of the program details, but some known issues which require clarity include:

• the extent of the price discount in terms of the actual percentage reduction and the number of units to which this would apply. This will ultimately be dependent upon project costs which may not be known until the building permit is issued;
• details on how the BC Housing mortgage proceeds will be re-invested back into the City;
• how the program will prioritize residents currently renting in Port Moody;
• confirmation of the total household income range applicable to each type of unit; and
• confirmation that BC Housing will manage the process of selecting eligible households.

In order to reduce project costs and improve the affordability of the project, the applicant has suggested that a reduction in the amount of parking required would reduce the extent of the underground parkade and, therefore, construction costs.”

The architect for the project is Gateway Architecture.

A 2,344 unit residential development has been proposed by Edgar Development for a 23 acre site they own in Port Moody.

The site, known as ‘Woodland Park‘, is located at Cecil Drive and Angela Drive in the College Park neighbourhood on the Western part of Port Moody. The site is currently improved with older lowrise rental apartment buildings totaling 200 units in 19 buildings scattered across the site.

Edgar acquired the site in 2018 for $97,500,000.

The site is designated Multi-Family Residential in the OCP, which permits various building forms from three, up to a maximum of six storeys in height. The site is located outside the Evergreen Line Sub-areas and therefore has not been specifically designated for development forms higher than six storeys.

The OCP and Rezoning Application contemplates a master planned redevelopment with 18 buildings from 4 to 26-storeys in height, that includes:

• 2,344 total units
• 2,319 condo units;
• 325 below market rental units for BC Housing;
• 10,000 SF of community use space;
• 5,000 SF of retail space;
• a total density of 2.15 FAR;
• neighbourhood park, play area & multi-use path around the perimeter of the property;
• seven phases to be developed over 16 years.

70% of the site is proposed to be retained as environmentally sensitive areas/green space.

The rezoning application is still in the early stages at the Community Planning Advisory Committee. Input from the committee will determine whether the application moves forward on it’s own, or as part of a larger OCP review for the area.

The proposal would join the Flavelle Oceanfront project as by far the two largest development proposals in Port Moody history.

The architect for the Woodland Park project is Acton Ostry.