The area around Burquitlam Station, on the border between Burnaby and Coquitlam, is quickly shaping up to become one of Metro Vancouver’s quickest growing transit-oriented neighbourhoods.
A rezoning and development application by local developer Ledingham McAllister to redevelop the 1.5-acre site at 508-524 Clarke Road, right across from the SkyTrain station, has been submitted to the City of Coquitlam.
The so-called ‘Highpoint’ project, designed by Rositch Hemphill Architects, envisions a 406-ft-tall, 50-storey tower that sits on top of a 10-storey podium.
There will be a total of 415 homes, including 295 market condominium units, 105 market rental units, and 15 non-market rental units. The overall unit mix is 10 studio units, 160 one-bedroom units, 199 two-bedroom units, and 46 three-bedroom units.
Market condominium residents and rental residents will have separate common amenity spaces: a 15,900-sq-ft space, including a ‘Sky Lounge’ on the top floor, for market residents and an 8,900-sq-ft space for renters.
Additionally, the ground-level facing Clarke Road will be lined with seven retail units totalling a combined commercial floor area of 16,200-sq-ft.
The project calls for 527 vehicle parking stalls and 683 bike parking spaces within the underground levels. A quarter of the vehicle parking spaces will be outfitted with electric vehicle chargers.
The resulting total floor area of 378,726-sq-ft provides the redevelopment with a floor area ratio density of 6.1 times the size of its lot.
In order to achieve this density, city staff have mandated Ledingham McAllister to provide the municipal government with $14.5 million in density bonus funds and $485,000 in community amenity contribution funds.
Other major developments around the Burquitlam Station area include an eight-tower proposal by Concert Properties with 2,700 homes, a 41-storey tower by Amacon with 304 homes, and a 49-storey tower by Townline with 364 homes.