Two-Tower Development Planned for Coquitlam
Coquitlam, Canada 6 September 2019
East of Vancouver, on the border of Burnaby and Coquitlam, an area known as Burquitlam will be the site of a major new high-rise community.
Boffo Developments plans to build a 46-story condominium tower and a 20-story rental tower. There will be a total of units consisting of 348 market-rate condos, 134 purpose-built market-rate rentals, and 21 affordable units.
Eight of the market condominium units will be townhouses fronting onto North Road.
The design of the towers, by Chris Dikeakos Architects, makes use of “strong, vertical fins with horizontal frames to mitigate mass and scale.” The overall color scheme will consist of greys and blues, with distinctive concrete framing elements in a light grey finish.
Despite the abundant parking, the development is located within 600 meters of the Burquitlam SkyTrain station.
Three buildings will be demolished to make way for the redevelopment: a rental apartment building with 45 units, and two strata condo buildings now owned by Boffo.
Residents will have access to 48,000 square feet (4,459 square meters) of amenity space, including an outdoor swimming pool, and five levels of underground parking with 688 parking stalls.
Boffo indicated in the rezoning application filed with the City of Coquitlam “that it has not and will not market their new homes to overseas investors, and that it focuses on local buyers.”
For more on this story go to Urban YVR.