Onni Group Proposing 7-Tower Coquitlam College Master Plan

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Howard is based in Burnaby and covers real estate, housing policy, and the development industry. Signal: HowardChai.17

After relocating to a new campus in Vancouver in January, the future of the old Coquitlam College campus in Coquitlam will see it become a community of high-rise towers and townhouses, according to a development proposal set to be introduced to Council today.

According to presentation slides set to be presented to Council, the Coquitlam College Master Plan will include a total of seven high-rise towers constructed in three phases. All in all, the proposal would provide an estimated 2,500 housing units, split between around 1,770 strata condominiums, 600 rental units, and between 80 to 100 below-market rental units. Each phase of the project is also expected to include several townhouses., Onni Group's plan proposes a total density of 6.51 FSR, which greatly exceeds the 5.5 FSR currently allowed. Staff say Onni Group is proposing an "extraordinary" bonus density payment to account for this.

Staff say that the development proposal would create a need of approximately 133 childcare spaces, but that Onni Group has yet to indicate how they would address this.Staff also note that of the current row of three single-family homes that sits along the south side of Brookmere Avenue — 554, 570, and 576 Brookmere Avenue — are not currently being included.

 

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