coquitlam
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Free menstrual products at Coquitlam civic facilities?
Evicted renters win Tenancy Branch arbitration case.
Latest plan for Andrés Wines site proceeds to next step.
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tricitynews.com
Protect bikes from thieves + Vagramov’s court date moved back + Time to think about, ugh, chafer beetles
T r a c K aT Ta c K
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Rentals also hit by market downturn Rental construction is often tied to dev’t. of condo projects Gary McKenna gmckenna@tricitynews.com
Runners round the first corner in the 400-metre race on the third day of competition at School District 43’s elementary school track and field meets at Coquitlam’s Percy Perry Stadium last Thursday. Hundreds of Tri-City students in Grades 3, 4 and 5, representing dozens of local public schools, competed over the course of four days. For more photographs, please see Sports, page 43. MARIO BARTEL/THE TRI-CITY NEWS
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A downturn in the residential real estate market could jeopardize some of the purpose-built and below-market rental units awaiting construction in the city of Coquitlam. Coun. Dennis Marsden told The Tri-City News that because many rental units are provided through density incentives, they may be delayed if developers start putting the brakes on some of their projects. “The affordable housing and the purpose-built rental, which we have been really looking to have, are tied to market projects,” he said. “If there is a slowdown on the market project, it puts that rental component that we
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WHALES! And bobcats, too, on page 17 need in jeopardy.” Marsden’s comments come after Townline announced it would be temporarily postponing the sales launch of its Meridian project in Burquitlam. The 39-storey highrise development, which is slated to be built a block from Burquitlam Station, includes 54 purpose-built and nine below-market rental units. Chris Colbeck, vice-president of sales and marketing with Townline, told The TriCity News there has been a lot of interest in the 261-unit project but buyers are reluctant to make a commitment. see
‘NOT A SURPRISE’, page 19
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