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. FU T
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EC
L AY
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ET
SYD
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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