A six-storey retail and office building is planned for the North Road bowl in Coquitlam.
Hanin Investment Group wants to change the zoning for 323 North Rd. — beside the City of Burnaby border — to construct the commercial mid-rise with shops on the first and second levels.
Set to come before Coquitlam city council tonight (May 2) for first reading to move to a public hearing, the proposal is for a corner parcel south and west of the Hanin Village shopping complex.
Currently, the property as an auto sales and repair shop, and is close to the Lougheed SkyTrain station.
If OK’d following a public hearing on May 30, the development would go up in an area of the Burquitlam–Lougheed neighbourhood that’s already heavily under construction, including at:
- 520 Young Dr.
- 28-storey tower with 225 market strata units, and six-storey apartment with 40 market rental units and 31 below-market rental units
- 566 Lougheed Hwy.
- 40-storey tower with 363 market strata units, and 32-storey tower with 260 market rental units and 26 below-market rental units
- Four six-storey apartments with 313 market strata units
As well, a cannabis dispensary is planned for a new high rise to be built to the south.
According to a report from Andrew Merrill, Coquitlam’s director of development services, the Hanin proposal would have three floors for underground parking, as well as 89 off-street parking spots — 10 per cent less than required.
As a result of the proposed parking reduction, Hanin would pay the city $300,000 for parking-in-lieu; car sharing and transit passes would be offered to future tenants, Merrill adds.
Hanin also plans to use a variety of construction materials for the building exterior such as brick cladding, steel and glass canopies and traditional Korean-style screening.
As well, Merrill's report states a mural is planned for the vacant northern wall.
If approved, the city would stand to gain $410,000 for development cost charges to pay for surrounding infrastructure and $92,600 for transportation measures on top of the parking-in-lieu payment.
To have your say at the May 30 public hearing, go to coquitlam.ca/publichearing to register to speak.