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More towers being proposed for Port Moody's downtown

In addition to the three condo towers, Beedie Living wants to build a six-storey rental building with 40 below-market apartments that could become women's transition housing.

Three more condo towers could be coming to Port Moody's downtown.

Vancouver-based developer Beedie Living has filed an application for zoning and official community plan amendments to build three condo towers at 3060-3092 Spring St., just east of the Moody Centre SkyTrain station, as well as a six-storey building with 40 below-market rental apartments further west at 2806 Spring St.

The towers — 32, 34 and 38 storeys — will comprise 972 residential units atop one-storey podiums that include retail, office, work-from-home and co-working spaces that could create up to 600 jobs. The company said it intends to have discussions with BC Housing about using the below-market rental apartments for women's transition housing.

According to its application documents, Beedie envisions a pedestrian-oriented Spring Street to become the project's "living room" with elements like public art, play and flexible-use areas, shade structures and weather protection to facilitate "social interactions, artistic expression and community gatherings."

"A vibrant pedestrian focused Spring Street remains at the heart of the precinct where active transportation is encouraged," said Beedie, adding allowances will be made in the project’s design to provide opportunities for food trucks and street vendors as well.

The company said the development’s in-kind amenity contributions to Port Moody amount to more than $23 million while its actual cash contributions to city coffers will be more than $3.6 million with another $2.1 million being generated annually from property taxes.

Beedie’s application comes just as councillors get their first chance tonight, Nov. 21, to provide early feedback on a proposal by Vancouver developer PCI Developments to build two 39-storey rental towers on Spring Street, adjacent to the Moody Centre SkyTrain station.

They would be the tallest towers in the city, if ultimately approved.

PCI’s project is comprised of 857 new rental apartments, a grocery store, retail spaces and more than 4,000 sq. ft. of artist studios.

The company is also planning to construct a public plaza next to the SkyTrain station and a new pedestrian bridge over the railroad tracks to connect to Murray Street. As well, it will realign and daylight Slaughterhouse Creek.

Both Beedie and PCI are part of consortium of developers and property owners that have been working with the city for several years on a master plan to transform 23 acres in Port Moody’s downtown into a dense, transit-oriented mixed-use community of more than 4,100 homes, as well as commercial, office and artist spaces.