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Apartment, Condo, Development, Office, Retail

Up to 4,000 Units Envisioned for Columbia Square Site in New Westminster

A preliminary rezoning application has been submitted by Edgar Developments for the 7.2 acre Columbia Square Plaza Shopping Centre site in New Westminster.

The site at 88 Tenth Street is a large triangular shaped lot located in the Downtown neighbourhood bounded by Royal Avenue and Columbia and Tenth Streets. It is located about 100 meters from the New Westminster Skytrain Station.

The existing strip mall includes Save-On-Foods, BC Liquor Store, several banks and Pharmasave.

The site is designated Mixed Use High Density within the Downtown Community Plan and the general form of development is expected to be tower residential with a mix of retail, office and residential podiums interfacing with grade.

The proposal seeks to establish a master plan that would facilitate a multi-phased high density development that includes:

  • 6 to 8 residential towers;
  • replacement of existing retail;
  • minimum 120,000 SF of office space;
  • between 1.7-3.0 Million SF of residential space;
  • 2,200 to 4,000 units;
  • 10% inclusionary units;
  • community and public spaces.

The application is still preliminary and requires Council direction to authorize planning staff to work with the owners to refine the proposal before a formal rezoning application will be considered.

The site was acquired by Edgar in 2022 for $136,000,000.

June 9, 2023by david.taylor@colliers.com
Apartment, Development, Office, Retail

92-Unit Rental Project Planned for New Westminster Site

Third Space Properties has submitted a rezoning application to the City of New Westminster to rezone a 26,700 SF site on East Columbia Street in the Sapperton area of New Westminster.

The proposed development aims to revitalize the area by replacing an underutilized asphalt parking lot, a vacant building and four vacant lots with a thoughtfully designed building that improves the urban experience while providing housing diversity and job space.

The site is designated (ML) Mixed Use – Low Rise in the OCP. This land use designation envisions the provision of low-rise commercial or commercial and residential mixed use buildings which create active and engaging principal streets.

The overall plan for the project envisions a 6-storey building that includes:

  • 92 market rental units;
  • 18 studios, 51 one-bedrooms, 17 two-bedrooms & 6 three-bedrooms;
  • 18,000 SF of office space;
  • 14,400 SF of retail space;
  • a total density of 3.70 FSR;
  • 197 underground parking spaces.

The architect for the project is Integra Architecture.

June 8, 2023by david.taylor@colliers.com
Apartment, Condo, Development

567-Unit Condo & Rental Project Slated for Burquitlam Site

Rize Alliance has submitted a rezoning application to the City of Coquitlam for a 1.78 acre site at the corner of Elmwood and Westley in the Oakdale area within the Burquitlam-Lougheed Neighbourhood Plan.

The site is an assembly of 11 single family lots that are designated High Density Apartment Residential in the OCP. It is located 500 metres from the Burquitlam Skytrain Station.

The plan for the site is to develop a 38-storey condo tower, a six-storey condo building, and two six-storey purpose-built rental buildings. Overall details include:

  • 567 total residential units;
  • 404 condos;
  • 141 market rental units;
  • 22 below-market rental units;
  • a total density of 5.50 FSR;
  • $12.1M in density bonus;
  • $2.1M in Payment in-Lieu for Parking Reductions;
  • $521, 000 in voluntary Community Amenity Contributions (CACs);
  • 543 parking spaces with 458 EV parking spaces; and
  • 30, 516 SF of common amenity space.

The architect for the project is GBL Architects.

May 12, 2023by david.taylor@colliers.com
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