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More city property up for sale

Coquitlam city hall is poised to sell off more of its land. City council last week gave three readings to a proposed road cancellation that would see the small strip consolidated with a larger city-owned property located at 2150 Como Lake Ave.

Coquitlam city hall is poised to sell off more of its land.

City council last week gave three readings to a proposed road cancellation that would see the small strip consolidated with a larger city-owned property located at 2150 Como Lake Ave., where a fire hall once sat.

According to a city staff report, if approved, the two parcels would also be consolidated with a narrow lot directly to the south that is currently owned by School District 43 on the Hillcrest middle school site. That land is to be traded after the city, several years back, built a road from Como Lake Avenue, at the top of Thermal Drive, to the school parking lot.

The buyer of the newly consolidated city-owned lot would not have access to Como Lake for safety reasons, the report states; therefore, a new driveway would be required to get onto the Hillcrest school easement.

The plan comes two weeks after council also granted three readings to a road and lane cancellation bid that, once approved, would allow the city to consolidate about 30 acres of its land on Burke Mountain, where the city envisions another 20,000 people to live over the next 20 years or so. Burke parcels are selling for as much as $1 million an acre, depending on topography and servicing, city staff say.

As well, the city recently sold 12 of its single-family lots in the 3400-block of Gislason Avenue on Burke (with a minimum selling price of $330,000 each). In February, the city also put up a City Centre property for sale: a 1.2-acre parcel at 1123 Westwood St., south of Lincoln Avenue, that is earmarked for high density.

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