Changing market conditions earlier this year prior to the global crisis prompted proponents of the redevelopment of 148-154 James Road in Port Moody to submit a revised application with smaller units.
The development site — located immediately east of Ecole Moody Middle School of the Arts — is on two single-family lots, and within 10-minutes walking distance from either SkyTrain’s Moody Centre Station or Inlet Centre Station.
The previous application submitted in August 2019 for the six-storey building called for 64 condominiums, while the revised application submitted in February 2020 proposes 114 homes, including 66 studio units, 43 one-bedroom units, and five-two bedroom units. The modified proposal actually calls for slightly less total floor area.
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The project is developed by W. Laidler Sales Corporation and designed by Integra Architecture.
“The development is described by the applicant as creating a ‘multi-generation housing community’ which features mostly micro dwellings in the form of smaller studio and one-bedroom units,” reads a city staff report, noting that the average studio size will be 359 sq ft. These micro units are typically associated with a fold-in bed area that doubles as a living space, and a kitchenette.
“The small unit sizes are intended to make them more affordable,” continues the report.
There will also be a mix of housing types, with 11 of the units dedicated as rental homes for individuals earning less than $51,000, and another 11 units as market rental homes.
Both types of rental homes will remain as rentals for a period of at least 10 years.
There will also be 11 units as strata ownership for individuals earning less than $51,000, and the remaining 81 units will be market strata units.
The development will be marketed to low to lower-middle income individuals, seniors, families where two generations are seeking to reside in separate units in the same building, persons who qualify for BC Housing’s Shelter Aid for Elderly Renters program, and individuals with mobility challenges.
A total of 11 units are proposed to be fully accessible with wider hallways and bathrooms for wheelchairs, a walk-in bathtub, and lower set kitchen counter.
Tenants will have access to indoor and outdoor common amenity spaces on each level, including a gym, play area, yoga studio, work stations, and urban garden plots.
The proponent is also looking to install a public art sculpture of a sea lion made with recycled plastics either within the development or at the intersection of St. Johns Street and James Road. In addition to the community amenity contribution to the city, it will donate one of the residential units to a local non-profit organization focused on local environmental education.
Two underground levels will provide 68 vehicle parking stalls and 177 bike parking spaces.
The proposal calls for a total floor area of 57,632 sq ft, giving the project a total floor space ratio density of three times the size of its 17,968-sq-ft lot.