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4.78 Acre Woodframe Development Opportunity

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4.78 Acre Woodframe Development Opportunity Lafarge Lake Park LAFARGE LAKE- DOUGLAS STATION SUBJECT PROPERTY For Sale Casey Weeks 4.78 Acre Woodframe Personal Real Estate Corporation Executive Vice President +1 604 661 0811 Development Opportunity [email protected] Morgan Iannone 3190 Tahsis Avenue, Coquitlam, BC Personal Real Estate Corporation Senior Vice President +1 604 622 2654 > Highly desirable Coquitlam City Centre Location [email protected] > Coveted woodframe development form with rare scale up to six storeys > Short walk to the Lafarge Lake-Douglas and Lincoln skytrain stations > Close proximity to multiple schools, parks and trails Accelerating success. Coquitlam City Centre promises increased growth with the city Property looking to create higher densities, mixed use and pedestrian-friendly development along the Evergreen Line Stations. With an abundance of public amenities such as Coquitlam Centre, parks, community Overview centres, and child care facilities, Coquitlam is fast becoming one of the most desirable neighbourhoods in the Lower Mainland. Civic Address 3190 Tahsis Avenue, Coquitlam, BC Legal Address Strata Plan NWS1668; Multiple PIDs Site Area 208,543 SF The Property is located along Tahsis Avenue in Coquitlam Centre, just blocks Location from the Lafarge Lake-Douglas and Lincoln Stations Improvements 58-unit strata titled townhouse complex Current Zoning Townhouse Residential (RT-2) Medium Density Apartment Residential Future Land Use (RM-3) Height 6 storeys Density 2.3 FAR Gross Buildable SF 479,689 SF View potential towards Westwood Plateau Assessment Value $36,697,900 208,543 SF 8 13 45 30 minutes to minutes to minutes to minutes to Port Moody Burquitlam Downtown Downtown via West Coast via SkyTrain via SkyTrain via SkyTrain Express West Coast Express Subject Site Millennium Line Moody Centre Coquitlam Centre Lougheed Town Centre Metrotown Expo Line New Westminster City Centre Area Plan *Formal approval - Fall 2020 3190 Tahsis Avenue FAR Area (SF) Site Area 208,543 Low Rise Condos 2.3 479,689 Location With the recent expansion of the Millennium Line and the Evergreen Extension opening in early 2017, the neighbourhood has seen a surge in development and investment from prominent firms. With its prime location, Coquitlam City Centre area promises increased growth with the city looking to create higher densities, mixed use and pedestrian-friendly development along the Evergreen Line Stations. The area is centrally located and accessible to all regions in Greater Vancouver. Douglas College Coquitlam Campus is one of the largest public colleges in British Columbia, offering bachelor’s degrees, general courses and career programs. With an abundance of public amenities such as Coquitlam Centre, parks, community centres, and child care facilities, Coquitlam is fast becoming one of the most desirable neighbourhoods in the Lower Mainland. PROSPECTIVE PURCHASERS DEMOGRAPHICS WITHIN 5 KM Prospective purchasers are invited to submit Offers to Purchase the Property through Colliers for consideration by the Vendor. After signing a Confidentiality CURRENT POPULATION 150,943 Agreement (CA), qualified interested parties will be provided a Confidential Information Memorandum (“CIM”) an access to the data room which contains pertinent information and documents relevant to the Property. PROJECTED POPULATION 159,415 (2022) OFFERING PROCESS AVERAGE HOUSEHOLD $104,019 INCOME All prospective purchasers will be advised of an offer submission date during the initial marketing period. Purchasers are invited to submit offers to Colliers PROJECTED AVERAGE on the Vendor’s preferred Form of Offer HOUSEHOLD INCOME $159,415 (2022) View potential towards Coquitlam Centre 3190 Tahsis Avenue, Coquitlam Casey Weeks Morgan Iannone Personal Real Estate Corporation Personal Real Estate Corporation Executive Vice President Senior Vice President +1 604 661 0811 +1 604 662 2654 [email protected] [email protected] Copyright © 2021 Colliers International. This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers international and/or its licensor(s). Copyright © 2021Colliers Macaulay Nicolls collierscanada.com Accelerating success..
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