A proposal to build 302 units of subsidized housing in Port Coquitlam has passed its first hurdle, following city council’s decision on Tuesday to approve the official community plan and zoning bylaw amendments.
Peak Towers Development and Affordable Housing Societies are proposing to redevelop the land assembly at 2455-2475 Gately Avenue, 2428-2492 Kingsway Avenue, and 2420-2450 Ticehurst Lane in Port Coquitlam into three six-storey residential rental buildings.
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The 2.4-acre, triangular-shaped development site is currently occupied by a vacant city-owned parcel, as well as four houses, one duplex, and two small-scale industrial properties. The property is framed by the Coquitlam River to the south.
With city council’s approval, the proponents can advance to the next step in the application process for city council’s further consideration in 2021.
“For a community of Port Coquitlam’s size, this significant investment in non-market affordable housing is quite exceptional – we’re demonstrating real leadership,” said Mayor Brad West in a statement.
“It’s a much-needed infusion of affordable housing that will help families and residents right here in Port Coquitlam, some of whom have lived here for generations but are struggling to make ends no matter how hard they work due to the high cost of housing. Working together with our partners, we are able to bring this significant benefit to our community.”
The non-market rental home mix is 129 one-bedroom units, 123 two-bedroom units, and 48 three-bedroom units. This includes a density bonus that allows 78 additional non-market rental homes. A 4,300-sq-ft childcare facility will have a capacity for 48 children.
A total of 289 vehicle parking stalls are provided within a ground-level interior parking lot that is framed by the three buildings and a single underground level. WA Architects is behind the design of the project.
As a mitigation measure for the site’s location next to the river, there will be over 1,200 plantings along the river to meet required watercourse protection guidelines. As well, 91 new trees will replace 41 set for removal.
If the project receives final approval next year, this will bring Port Coquitlam’s recent affordable rental housing project count to about 450 units.
This includes the 63 units at 2481 Welcher Avenue by Metro Vancouver Regional District approved last month, and the 83 units at 2117 Prairie Avenue by TL Housing and Atira Women’s Resource Society approved this past summer.