Six Storey Woodframe Development Opportunity in Coquitlam City Centre
The Property is located in Coquitlam, just east of Burnaby and north of the Fraser River. Coquitlam enjoys a central location within the Metro Vancouver region and is the fifth largest city in British Columbia. The area promises increased growth with the city looking to create higher densities, mixed use and pedestrian-friendly development along the Evergreen Line Stations. With an abundance of public amenities such as Coquitlam Centre, parks, community centres, and child care facilities, Coquitlam is fast becoming one of the most desirable neighbourhoods in the Lower Mainland.
The Subject Property is a 59,036 square foot, 17-unit, strata titled townhouse complex that is located within the recently approved Coquitlam City Centre Area Plan and designated RM-3 with a 6 storey height limit.