631- 643 Como Lake Ave, Coquitlam
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Proposed OCP Designation
RM-3 (8 Storey Max)
Gross Site Area
Approx. 29,680 SQFT
Dimensions
Approx. 244 feet x 122 feet
CAC
$3.00
Gross Buildable Area
54,908 - 71,232 SQFT

Development Opportunity

This 29,680 SQFT site is designated under draft Burquitlam concept plans for RM-3 medium density apartment residential with considerations to building heights and forms ranging between 4 – 8 storeys. Maxium allowable FSR ranging from 1.85 FSR to 2.4 FSR depending on height and building footprint.
Site dimensions are approximately 244 feet X 122 feet. We do not anticipate any road dedications and all densities for the purpose of rezoning are calculated on the gross site area.
Following City held open house in November, the Planning department is tasked to present the following works through the winter/spring of 2016:
• Prepare draft BLNP, and implementation action plan
• Prepare Servicing Assessment
• Third round of public consultation
We anticipate that the Burquitlam Area plan will be introduced and approved shortly thereafter. All future developments within Burquitlam shall be guided by the TDS (Transit-oriented Development Strategy) and other official documents.
All re-zoning and multifamily development sites are subject to a $3.00 CAC (community amenity contribution) which is reflected in the net increase of density between the existing residential density and the approved developable residential density.

 

Location

This Premier West Coquitlam development opportunity consists of 4 fully assembled single family parcels located at 631, 635, 639 & 643 Como Lake Avenue.
Situated in the heart of Burquitlam and within 400 metres of the Burquitlam Station and Evergreen Line, this is an excellent opportunity to participate in a vibrant and growing community. Rapid development and investment into the neighborhood by local firms such as Bosa, Marcon, Mosaic Homes, Intracorp, Bluesky, Springbank, Belford Properties & Concert are ensuring that this development opportunity and the community as a whole will be a success.
The Burquitlam Neighbourhood is poised for change. Not only is a new rapid transit station proposed for Burquitlam, but factors such as its proximity to Simon Fraser University, its alignment along Clarke Road, rapid bus service and Coquitlam’s Regional Town Centre are key factors to this community.
Today the Burquitlam-Lougheed neighbourhood has a population of just over 20,000 people and approximately 370 businesses. Covering almost 560 hectares (1,400 acres) along the key North Road / Clarke Road corridor, the Burquitlam-Lougheed area connects with Burnaby to the west, Port Moody to the north, the Trans-Canada Highway to the south, and Blue Mountain Street, plus the Austin Heights and Maillardville neighbourhoods to the east.

Contact
Ben Williams
bwilliams@londonpacific.ca
604 420 2600 ext 203

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