Ten towers proposed for Coquitlam site

Marcon has preliminary plans for 2,800 market units, 900 rental, office tower on Coquitlam Chrysler site

By
TriCity News
March 28, 2019





Marcon
Current site of a proposed 10-tower project by Marcon Developments at Lougheed Highway and Christmas Way in Coquitlam's city centre area. — Google Satellite


A 10-tower development at Lougheed Highway and Christmas Way in Coquitlam is in the preliminary planning stages between the developer and the city.

Marcon Developments, a Langley-based company, has made a pre-application to build six market residential towers, three rental towers and an officer tower on the Coquitlam Chrysler automobile dealership site as well as two properties on Christmas Way and another on Pheasant Street.

According to Marcon Development manager Chris Wilkinson, preliminary plans call for a total of 900 rental units and 2,800 market units, but he stressed the company is still in the early stages of discussion with the City of Coquitlam’s planning department and the heights of the towers have yet to be determined. He also noted the city is in the process of developing a city centre area plan that will influence the project’s planning.

“We’re being very respectful of that process,” Wilkinson told The Tri-City News. “We’re working with staff not to advance that faster than that plan, so we’re a little hesitant to stick our necks out and disrupt that relationship.”

Wilkinson said because the company is still working on the schematic design of the project it could not provide any more information until it can get more feedback from city staff and present a full application to city council.

At a recent meeting, council discussed the desire to have more office space in the city centre area, especially south of the Lougheed Highway and near the Coquitlam Centre SkyTrain station which is to the west of the proposed project. The proposed commercial area totals 266,00 square feet, with an additional 125,000 square feet of office space.

It is also kitty corner to Coquitlam Centre Mall, whose manager, Morguard Investments, recently revealed plans for an 11-tower residential and commercial complex in the northeast corner of its 57-acre site.


Copyright © Western Investor

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

REW.ca welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Email to a Friend

Close
Most Popular
Get the WesternInvestor.com Newsletter