- Updated On:
- May 16, 2023
OPPORTUNITY To acquire an assembled 1.31 acre / 57,049 sf development site in a prime Lougheed location with plans for a 6-7 storey, 178-unit residential condo building with a total proposed buildable area of 154,313 sf. The site consists of 6 assembled lots designated Medium Density Apartment in the Burquitlam Lougheed Neighbourhood Plan, in a rapidly developing area of Coquitlam. The development application is currently at 3 rd reading with the City of Coquitlam.
The site is located on a residential street just east of the arterial North Road in the Lougheed area of Coquitlam. The City of Lougheed shopping centre and development, which will have 1.5 million square feet of retail space when completed, is a 15-minute walk from the property and the Lougheed SkyTrain Station is a 12-minute walk away, providing excellent access to all retail, restaurant, and transit amenities. The Vancouver Golf Club, an 18-hole championship course on a woodland park setting of over 176 acres, is also within walking distance from the property.