Five Towers, 1,386 Units, Planned for Coquitlam Inn Site
Anthem Properties is proposing to rezone a 6.0 acre site at 319 North Road for their upcoming project, entitled “SOCO“. The site is currently home to the Best Western Plus Coquitlam Inn Convention Centre and liquor store.
The application to the City of Coquitlam proposes to rezone the site from the existing C-2 General Commercial and RS-l One-Family Residential to C-7 Transit Village Commercial to accommodate a phased, mixed-use development.
The site is located within the Burquitlam-Lougheed Neighbourhood Plan (BLNP)
and the Burquitlam-Lougheed ‘Core’ area in the TDS. The current OCP land use
designation on 319 North Road is Transit Village Commercial, and the current
designation on 566 Lougheed Highway is High Density Apartment Residential.
The proposed development includes 1,386 market condo units in five towers,
along with retail, restaurant, and office space. The overall gross buildable area can be up to a maximum of 1,185,607 SF.
The first phase of the project is located along North Road, and includes two towers (27 and 31 storeys) with condo units above a podium with a large restaurant space, commercial retail units, indoor and outdoor amenity space, and office space.
The other three towers, to be built in three further phases, include tower heights of 24, 34 & 44 storeys.
Details of the first phase include:
- 494 condo units;
- 50 studios, 192 one-bedrooms and 252 two-bedroom units;
- 7,501 SF of restaurant space;
- 7,990 SF of retail space;
- 50,316 SF of office space;
- a total site density up to 4.5 FAR;
- 843 parking spaces;
- a new East-West collector and North-South Road;
- $45.9 Million in density bonus funds and CACs.
The architect for the project is IBI Group.