Another piece of public land is about to be put on the market by the city of Coquitlam.
On Monday, council gave three readings to an application that, if approved, would see several road allowances cancelled around 2976 Pheasant St. - off Christmas Way - and consolidated with two adjacent city-owned lots. The result would create a 1.15-acre parcel in the industrial zone.
"The proposed road cancellation and consolidation with city-owned properties would result in potentially higher land value for the future development," planning general manager Jim McIntyre wrote in a report to the city's land use committee last month.
It's not the only land the city wants to get rid of.
Last month, after a public hearing, council rezoned the city-owned property at 1188 Pinetree Way - close to where the future Evergreen Line will be - for higher-density use.
In September, council cancelled roads at 2150 Como Lake Ave., next to Hillcrest middle school, to consolidate them with a larger city property, and on Burke Mountain, where the city plans to assemble about 30 surrounding acres to place on the block.
In February, council rezoned 1112 Westwood St. - a vacant 2.79-acre treed lot between Lincoln and Anson avenues - for a future mixed-use high-density development. Meanwhile, a nearby property, a 1.2-acre parcel at 1123 Westwood St., south of Lincoln Avenue, that's earmarked for high density, is about to be sold to Onni Development Corp. for $7 million.
