21-Storey PARC Seniors Housing Tower Proposed In Coquitlam

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Howard is based in Burnaby and covers real estate, housing policy, and the development industry. Signal: HowardChai.24

On Monday, Coquitlam City Council considered a development proposal for a new high-rise tower in the Austin Heights neighbourhood of Coquitlam.

The 170 units consist of 106 one-bedroom units, 16 one-bedroom-plus-den units, and 48 two-bedroom units. Of the 170 total units, 154 will be provided at market rental rates, while the remaining 16 will be provided at below-market rates. A total of 83 vehicle parking spaces and nine bicycle parking spaces will be provided in a two-level underground parkade, which has also been reduced by one level since July 2022. The parkade would be accessed from from Ridgeway Avenue, at the rear of the building.

 

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