For Sale
Edgar and Richard Street, Coquitlam
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The Opportunity
The vendor is 6 individual homeowners. The combined property is approximately 1.39 acres. Development up to 1.4 FSR + bonus density.
Property Overview
| Civic Addresses: | 343 Richard Street, 651, 661, 703, 707 and 711 Edgar Avenue, Coquitlam, BC |
| Site Area: | Approximately 1.39 acres |
| Current Zoning: | RT-1 |
| OCP Land Use Designation: | Southwest Coquitlam Area Plan and Burquitlam Lougheed Neighbourhood Plan |
| FSR: | Development up to 1.4 FSR + bonus density |
Location Overview
Just 2.5 kms from Highway 1 and 1 block off Lougheed Highway, this location is easily accessible from anywhere in the lower mainland. Just East of the Coquitlam/Burnaby border, Burnaby is a 2 minute drive away and is walking distance to Guilby Park, Burns Park, Schools, Lougheed Town Centre mall and Skytrain. Simon Fraser University is just a 10 minute drive up the hill.
Lougheed Highway is a key arterial street in Coquitlam and part of TransLink’s Major Road Network (MRN) connecting the City to the wider region. As the Lougheed Neighbourhood grows, the Lougheed Highway public realm will transform into a walking, cycling, and transit friendly boulevard.
The Lougheed Neighbourhood Centre is an important commercial corridor along North Road that interfaces with the Lougheed Town Centre across the street in Burnaby. Designated as a Municipal Town Centre, the Neighbourhood Centre is evolving into a walkable, high-density, mixed-use area with a high-degree of design excellence.
Official Community Plan and Vision
Transit-Oriented Development (TOD) is a pedestrian friendly, compact mixed-use form of development centered on frequent transit. This type of planning aims to provide a more complete variety of uses, housing types and transportation alternatives to the automobile.
Communities that are transit supportive are also more pedestrian and bicycle friendly; TODs can significantly influence overall travel patterns. Transit-oriented neighbourhoods are often achieved through high-density, mixed-use developments with abundant ground-level retail, employment uses and a high-quality pedestrian-focused public realm and well-connected street and sidewalk networks.
| DUE DILIGENCE PACKAGE:REQUEST CA Available upon signing of confidentiality agreement. |
| The vendor has adopted an unpriced, modified bid process. |
Photo Gallery
For further information, please contact:
| Shawn Shakibaei | John Panrucker |
| 604-724-9630 | 604-230-7390 |
| ShawnShakibaei@gmail.com | Jp.Panrucker@gmail.com |