560 Sydney Avenue Marketing Brochure

LAND SALE BID OPPORTUNITY

560 SYDNEY AVENUE BURQUITLAM-LOUGHEED RFO NO. 22-030

HIGH-DENSITY RESIDENTIAL LAND SALE

LOUGHEED TOWN CENTRE STATION

MILLENN IU

M LINE

APPROX. 0.90 ACRE TRANSIT-ORIENTED DEVELOPMENT SITE

MAX 5.50 FAR

CD-ZONED FOR 100% MARKET RESIDENTIAL coquitlam.ca/landsales

PROPERTY SALIENT FACTS

INTRODUCTION

Land Sale Opportunity The City of Coquitlam’s City Land & Real Estate Division is pleased to release to market a pre-zoned 39,256 ft2 (3,647 m2) High Density Apartment parcel with 5.5 FAR (Max) of 100% market residential density.

The City is selling 4.0 FAR of “market density” with the remaining 1.5 FAR of Bonus Density to be available through the City’s Bonus Density Program. The value of this Bonus Density will be established at the time of Development Permit approval and payable at the time of Building Permit. For more information access the Request for Offer document.

Est. Gross Area: 39,256 ft2 (0.9 acres) [+/-] Land Use: High Density Apartment Residential Zoning: CD-30 (Based on RM-6 Multi-Storey High Density Apartment Residential)

Neighbourhood: Burquitlam-Lougheed Max Density: 5.5 FAR of Potential Market Strata Market Density: 4.0 FAR (2.5 Base + 1.5 Market) Bonus Density Steps 1-3: 1.5 FAR

With a prime location a short walk from Lougheed Town Centre skytrain station and the future City of Lougheed shopping centre redevelopment, the subject site is well-positioned to benefit from the neighbourhood’s rapid growth.

RFO Documents can downloaded by clicking the link below:

coquitlam.ca/landsales

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CONCEPT PLAN

For Illustrative Purposes Only – Final Design to be Determined at the Development Permit Stage

Building Height: 31 Storeys

SYDNEY AVE.

NET DEVELOPMENT SITE

Est. GFA: 215,900 ft

2

CLAYTON ST.

Units: 289 Units Bring your vision to life on this unique and exciting site in the heart of Burquitlam-Lougheed.

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DEVELOPMENT ATTRIBUTES Property is zoned for 100% market residential as part of density exchange with adjacent property (594-602 Sydney Avenue) and can be developed independently with max 5.5 FAR as per the CD-30 Comprehensive Development Zone-30 39,256 ft2

Subject Site

Rezoned with Community Amenity Contributions paid. Future developer to complete off-site works and final subdivision.

Walking distance to a variety of amenities, including Brookmere Park, Lougheed Mall, and the vibrant North Road retail corridor.

Centrally located nearby the Millennium and Expo rapid-transit lines and major traffic arteries.

WEBSTER AVE

COLINET ST

Robinson Memorial Park Cemetery

WINSLOW AVE

Burquitlam-Lougheed Positioned for Success

APPIAN WAY

Vancouver Golf Club

AUSTIN AVE

SHAW AVE

ED

Guilby Park

HW

Y

SUNSET AVE

GUILBY ST

#1

GRAYSON AVE

FAIRWAY ST

Located on the future Sydney Avenue Greenway QUADLING AVE

JOYCE ST

MENTMORE ST

LEBLEU ST

Unrivaled Connections Connections to both the Millennium and Expo lines STEWART AVE

Regional Shopping Centre & Growing Retail Corridor

EDGAR AVE

DUNLOP ST

HW AY

LORING ST

DELESTRE AVE

G

PEMBROKE AVE

176 acre Vancouver Golf Burns Club Park

EDGAR AVE

HI

RICHARD ST

HE

MADORE AVE

WALLS AVE

SHAW AVE

5.3 acre community park with baseball diamond and basketball court SHAW AVE

LO

UG

WALKER ST

Access to Nature

BURNS ST

#1

SHAW AVE

SELMAN ST

HOLBORN ST

W AY

CORNING AVE

DELESTRE AVE

DELESTRE AVE

BURNS ST

GH

DANSEY AVE

QUADLING AVE

Vibrant North Road retail corridor & “Koreatown” cultural hub

LEBLEU ST

CLAYTON ST

ROCHESTER AVE

Driven by the 2017 completion of the Evergreen Extension to the Millennium line, the Burquitlam-Lougheed area has seen rapid growth in recent years. The subject site is located at the centre of this expansion, positioned in proximity to major transportation thoroughfares and evolving retail corridors. It is also close to natural amenities such as Brookmere Park and the 176 acre Vancouver Golf Club.

WALKER ST

MADORE AVE

HI

RIDGEWAY AVE

CHARLAND AVE

DELMONT ST

DANSEY AVE

SELMAN ST

DANSEY AVE

ASHLEY ST

Y

CHARLAND AVE

DONALD ST

HW

HOWIE AVE

Positioned for Success Lord Baden-Powell Elementary

SYDNEY AVE

GUILBY ST

ED

DENNISON AVE

Burquitlam-Lougheed

560 Sydney Ave

SYDNEY AVE

ALLISON ST

WESTVIEW ST

HE

Blue Mountain Park

AUSTIN AVE

NORTH RD

UG

FLOYD AVE

KING ALBERT AVE

ROXHAM ST

ute Walk Min BROOKMERE AVE e v Fi Brookmere Park

LO

BLUE MOUNTAIN ST

ROBINSON ST

ACCACIA AVE

BOSWORTH ST

FAIRVIEW ST

VICTOR ST

Roy Stibbs Elementary

COCHRANE AVE

WHITING WAY

Lougheed Mall

DENTON ST

PERTH AVE

APPIAN WAY

CROSBY ST

RUTLAND CRT

IVY AVE

Expanding Lougheed shopping centre with over 90+ shops and services

5

4

2

Lougheed Town Centre

3

1 2

A TRANSIT-ORIENTED COMMUNITY

Burquitlam-Lougheed

Be Part of a Growing Neighbourhood Burquitlam-Lougheed is one the fastest growing neighbourhoods in the region with 15,000 new residents over the next 20 to 25 years.

There are several other multi-family projects in the area, including:

1

Ledingham McAllister – Sydney

4 ONNI – Brookmere

2

Cressey – Hensley

5 SHAPE – City of Lougheed

3

Square Nine – Union

1

Ledingham McAllister

2

Cressey – Hensley

3 Square Nine – Union Learn More

The Burquitlam Lougheed Neighbourhood Plan guides growth in this transitoriented community over the next 20 to 25 years View the Neighbourhood Plan

REQUEST FOR OFFERS 22-030

HIGH-DENSITY RESIDENTIAL LAND SALE The City of Coquitlam’s City Land Division is responsible for the servicing, rezoning, and sales and marketing for Cityowned development sites. The sites are generally sold through an open RFO process. RFO Documents can also be downloaded by clicking the link below: 1 RFO Description & Appendices

2 560 Sydney Ave.

Marketing Video

Schedule Offerors are required to check for updated information and addenda issued before the closing date on the City’s website link at: coquitlam.ca/bids All inquiries are to be directed in writing by email only, quoting “RFO No. 22-030 Sale of a High Density Apartment Residential Development Site at 560 Sydney Avenue, Coquitlam, B.C.” to: landsales@coquitlam.ca Disclaimer

This notananoffering offering anything contained constitute aninducement, offer, inducement, representation, warranty orThe contract.

The information, facts, This isisnot of of salesale nornor shallshall anything contained hereinherein constitute an offer, representation, warranty or contract. information, facts, development development and density projections, statements, figures, dimensions, projections, plans andwithin imagesthis contained this brochure (collectively, and density projections, statements, figures, dimensions, projections, calculations, planscalculations, and images contained brochurewithin (collectively, the “Information”) arethe “Information”) are solely for informational purposes and are subject to change, error and omission without notice.

All values contained within this brochure are approximate. solely for informational purposes and are subject to change, error and omission without notice. All values contained within this brochure are approximate. No Information No Information within this brochure should relied uponwherever and Information, should be verified. The City Coquitlam, and its elected or contained withincontained this brochure should be relied upon andbeInformation, material, wherever should be material, carefully verified.

Thecarefully City of Coquitlam, and itsof elected or appointed appointed officials, officers, and employees, and agentsthe (collectively, the assume “City Parties”) assume noerrors liability for any errors or omissions contained in reliance this brochure any reliance placed officials, officers, employees, agents (collectively, “City Parties”) no liability for any or omissions contained in this brochure or any placedor therein therein and, notwithstanding anything contained herein, the City Parties accept no responsibility for and make no warranties as to the feasibility or accuracy of any Information contained and, notwithstanding anything contained herein, the City Parties accept no responsibility for and make no warranties as to the feasibility or accuracy of any Information within thiswithin brochure without limitation any values, zoning implications, development considerations, dimensions, acceptable project layouts, density, frontage, contained this including, brochure including, without limitation anydescriptions, values, descriptions, zoning implications, development considerations, dimensions, acceptable project projections, and/or other details.

Developers, agents and/or prospective buyers are to conduct their own due diligence searches with respect to the parcels referenced layouts, density, frontage, projections, and/or other details. Developers, agents and/or prospective buyers are to conduct their own due diligence searches with respect to the herein including, without limitation, due diligence any salient features ordiligence development attributes contained within brochure.attributes contained within this brochure. parcels referenced hereinconcerning including, without limitation, due concerning any salient features or this development