The Property is located in the Burquitlam neighbourhood of West 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.
605 Como Lake Ave. and 602 Clarke Road are located in Sub-Area B: Burquitlam Neighbourhood Centre and are designated as High Density Mixed-Use. After discussions with the City of Coquitlam, the proposed new zoning will fall under C-7 which allows for a 4.5 FAR to build mixed-use, high density development. The City has further indicated that a bonus density of 1.0 FAR may be achieved if dedicated to market rental. Final adoption of the plan is expected for early 2017.
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