A 10-tower development at Lougheed Highway and Christmas Way is in the preliminary planning stages between the developer and the city of Coquitlam.
Marcon Developments, a Langley-based company, has made a pre-application to build six market residential towers, three rental towers and an officer tower on the Coquitlam Chrysler automobile dealership site as well as two properties on Christmas Way and another on Pheasant Street.
According to Marcon Development manager Chris Wilkinson, preliminary plans call for a total of 900 rental units and 2,800 market units, but he stressed the company is still in the early stages of discussion with Coquitlam鈥檚 planning department and the heights of the towers have yet to be determined. He also noted the city is in the process of developing a city centre area plan that will influence the project鈥檚 planning.
鈥淲e鈥檙e being very respectful of that process,鈥� Wilkinson told The Tri-City News. 鈥淲e鈥檙e working with staff not to advance that faster than that plan, so we鈥檙e a little hesitant to stick our necks out and disrupt that relationship.鈥�
Wilkinson said because the company is still working on the schematic design of the project it could not provide any more information until it can get more feedback from city staff and present a full application to city council.
At a recent meeting, council discussed the desire to have more office space in the city centre area, especially south of the Lougheed Highway and near the Coquitlam Centre SkyTrain station which is to the west of the proposed project. The proposed commercial area totals 266,00 sq. ft., with an additional 125,000 sq. ft. of office space.
It is also kitty corner to Coquitlam Centre Mall, whose managers, Morguard Investments, recently revealed plans for an 11-tower residential and commercial complex in the northeast corner of its 57-acre site.
