FOR SALE 1140 Falcon Drive, Coquitlam | BC
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FOR SALE 1140 Falcon Drive, Coquitlam | BC Coquitlam Crunch Eagle Ridge Hospital Newport Village Scott Creek Shoreline Trail Middle School Suter Brook Village Ioco Road Inlet Station Barnet Highway Falcon Drive HIGHLIGHTS CASEY WEEKS Personal Real Estate Corporation • Rare scale – 6 acres DIR +1 604 661 0811 [email protected] • Holding Income – from 73 townhomes • Development Opportunity – located within the Coquitlam City Centre Plan Focus Area MORGAN IANNONE Personal Real Estate Corporation • Transit Oriented - Short walk to the Inlet Centre station, serviced by the Millennium Line DIR +1 604 662 2654 • Amenities - Close proximity to Coquitlam Centre and Port Moody amenities [email protected] FOR SALE 1140 Falcon Drive Coquitlam BC Coquitlam City Centre promises increased growth with the city 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 centres, and child care facilities, Coquitlam is fast becoming one of the most desirable neighbourhoods in the Lower Mainland. SALIENT FACTS Civic Address 1140 Falcon Drive, Coquitlam Legal Address Strata Plan NWS2429; Multiple PIDs Site Area 261,090 SF The Property is located along Falcon Drive in the Eagle Ridge Location neighbourhood of Coquitlam 632 FEET Improvements 73-unit strata titled townhouse complex Current Zoning: Low Density Apartment Residential 562 FEET 265 FEET Future Land Use: City Centre Focus Area Plan - Transit-Oriented Development Area 625 FEET DEMOGRAPHICS WITHIN 5 KM LOCATION The Property is located in Coquitlam, just east of Burnaby and north of the Fraser River. Coquitlam CURRENT POPULATION enjoys a central location within the Metro Vancouver region and is the fifth largest city in British 150,943 Columbia. (2018) With its prime location, Coquitlam City Centre area promises increased growth with the city PROJECTED POPULATION looking to create higher densities, mixed use and pedestrian-friendly development along the 159,415 Evergreen Line Stations. The area is centrally located and accessible to all regions in Greater (2022) Vancouver. Douglas College Coquitlam Campus is one of the largest public colleges in British Columbia, offering bachelor’s degrees, general courses and career programs. AVERAGE HOUSEHOLD $104,019 INCOME (2018) CITY CENTRE FOCUS AREA PLAN CityCity Centre CentreCentre TDS TDSTDS Areas AreasAreasCityCity Centre CentreCentre TDS TDSTDS Areas AreasAreas FOCUS OF THE CITY CENTRETRANSIT-ORIENTEDFOCUS AREA OF PLANTHE CITY UPDATE CENTRE [TRANSIT-ORIENTED DEVELOPMENT AREA PLAN UPDATE DEVELOPMENT STRATEGY [TRANSIT-ORIENTED STRATEGY AREASCity (TDS) Centre DEVELOPMENTAREAS] TDS Areas STRATEGYCity (TDS) Centre AREAS] TDS Areas Legend Legend PROJECTED AVERAGE LegendLEGEND LegendLEGEND $117,790 LegendCity Centre Area PlanCity Boundary Centre TDSLegend AreasCity Centre Area PlanCity BoundaryHOUSEHOLD Centre TDS INCOME Areas (2022) CityCityCity Centre CentreCentre Area Area Area Plan Plan BoundaryPlanPlan Boundary BoundaryBoundary Parcels CityParcelsCityCity Centre CentreCentre Area Area Area Plan Plan BoundaryPlanPlan Boundary BoundaryBoundary D AVE DAVI VE Parcels ID A Á® SkytrainParcelsSkyTrain Station Station DAV ® Legend Á® ParcelsSkytrainParcelsSkyTrain Station Station Á® SkytrainSkyTrain Station Route Á® SkytrainSkytrain Route Station Á® SkytrainLegend Station Skytrain RouteCity Centre Area Plan Boundary Á® SkytrainSkytrainSkyTrain Route Route Station TDS Policy Areas Skytrain Station SkytrainFuture Falcon Route Station Skytrain RouteCity Centre Area Plan Boundary TDS Policy AreasParcels Core TDS PolicySkytrainFuture Areas Falcon Route Station FocusTDS of Policy the CCAP Areas update (TDS Areas) TDS Policy AreasParcels TDS PolicyCoreÁ® Skytrain Areas Station Core Coquitlam Shoulder WALTON AVE FocusTDS of Policy the CCAP Areas update (TDS Areas) Crunch ShoulderCoreCore Skytrain Route TDS PolicyCoreÁ® Skytrain Areas Station Transit Corridor Shoulder Coquitlam WALTON AVE TransitShoulderShoulder Corridor ShoulderCoreCore Crunch 800TDSShoulder metres Policy buffer Areas zone Core Skytrain Route 800 metres buffer zone Transit Corridor PINETREE WAY Transit Corridor TransitTransitCore Corridor Corridor TDSShoulderShoulder Policy Areas Port Moody Lafarge-Douglas 800 metres buffer zone LANSDOWNE DR Lafarge Shoulder 800 metres buffer zone Station Lake PINETREE WAY 800400 andmetres 800 Metres/Catchmentbuffer zone Areas Core PIPELINE RD 800 metres bufferbuffer zonezone Transit Corridor OZADA AVE Transit Corridor Transit Corridor Transit Corridor Port Moody Lafarge-Douglas Lafarge JOHNSON ST LANSDOWNEGUILDFORD DR WAY 400 andShoulder 800 Metres/Catchment Areas GU Station Lake 800 metres buffer zone PIPELINE800 RD metres buffer zone 800 metres bufferbuffer zonezone ILD OZADA AVE FO RD Transit Corridor 400 m WAY JOHNSON ST GUILDFORD WAY GLEN DR GU 800 m 800 metres buffer zone ILD FO Coquitlam River RD 400 m WAY Glen Park Lincoln GLEN DR 800 m Station Coquitlam River LINCO Glen LN AVE 400 m Park Inlet Lincoln FALCON DR FALCON Station BARNET HWY Station LINCO LN AVE Coquitlam Central 800 m 400 m Future Falcon Inlet StationDR FALCON LO Station U Station GHEE BARNET HWY D H W ± 400 m Y ST WESTWOOD Port Coquitlam 0 100 200 400± 600 800 Coquitlam Central 800 m Future Falcon 0 100 200 Metres400 600 800 400 m Station LO Station U GHEE Metres D H City of Coquitlam Community Planning Division Y W ± WESTWOOD ST WESTWOOD 400 m W Y E: [email protected] Coquitlam | P: 604-927-3430 800 m 800 m City of Coquitlam Community Planning Division 0 100 200 400± 600 800 HEED H ± E: [email protected] | P: 604-927-3430 G 0 100 200 Metres400 600 800 U 400 m O ± 0100 200± 400 600 800 L ± Metres 0 100 200 400400 Metres600600 800800 City of Coquitlam Community Planning Division Y W Metres E: [email protected] | P: 604-927-3430 800 m 800 m City of Coquitlam Community Planning Division City of Coquitlam Community Planning Division HEED H ± E: [email protected] | P: 604-927-3430E: [email protected] | P: 604-927-3430 G U City of Coquitlam Community PlanningPlanning DivisionDivision O ± 0100 200± 400 600 800 L ± E: [email protected] | |P: P: 604-927-3430 604-927-3430 0 100 200 400400 Metres600600 800800 Metres City of Coquitlam Community Planning Division E: [email protected] | P: 604-927-3430 City of Coquitlam Community PlanningPlanning DivisionDivision E: [email protected] | |P: P: 604-927-3430 604-927-3430 2 6 45 minutes to minutes to minutes to Moody Centre Burquitlam Downtown via SkyTrain via SkyTrain via SkyTrain SUBJECT SITE West Coast Express Millennium Line Moody Centre Inlet Centre Coquitlam Centre Lougheed Town Centre Metrotown Station Expo Line New Westminster SCHEDULE A / CITY CENTRE AREA PLAN $ $ $ LAND USE DESIGNATIONS H O SCHEDULE A N $ E $ City Centre Commercial Y $ $ S E. / CITY CENTRE AREA PLAN V U DAVID A C $ HAYE DRIV K E LA L E General Commercial D E L VE $ I CITY CENTRE AREAA PLAN DR N A Service Commercial E L $ IO R $ P B IN A E LAND USEG DESIGNATIONS High Density Apartment Residential W OOD AVE. H O N $ E $ City Centre Commercial Medium Density Apartment Residential Y $ D $ S VE. WALTON AVE. A U A DAVID ERSKINE STR C $ O YE D ! ! A R ! ! ! ! H IV ! ! !!!! ! ! ! K A E R L ! ! L E E General Commercial D ! Low Density Apartment Residential . N E ! I L ! L E L P IV ! A R ! E D ! N E P A ! I Service Commercial E ! L L P ! L O Townhousing I ! ! A R ! D BS U P ! N A ! I A K DURANT DRIVE ! I N G R High. Density Apartment Residential $ K V E L E L A A W ! NS OOD AVE. BLVD. ! Compact One Family Residential D ! OW ! N ! E ! D ! Medium Density Apartment Residential R D IV ! WALTON AVE. E A ! ERSKINE STR ! O ! One Family Residential ! ! ! ! ! ! ! !!!! ! ! ! ! R ! ! OZADA AVE. ! CITY OFCITY PORT MOODY E ! ! Low Density Apartment Residential . N ! ! I ! L ! L P ! ! ! E ! TOWN CENTRE TOWN ! Civic and Major Institutional E Y P ! ! WA I D ! L ! R O P F ! ! D L UIL Townhousing ! G ! ! A ! ! D ! S U ! N ! $ ! ! A K DURANT DRIVE ! I . R ! $ K V E L L A School A ! ! N BLVD. ! S ! Compact One Family Residential D ! ! R O ! ! W ! E ! N ! E ! ! IV D ! R ! ! R IV ! E ! ! Parks and Recreation ! ! One Family Residential M ! A ! OZADA AVE. L CITY OFCITY PORT MOODY ! GLEN DRIVE ! T I ! ! U ! TOWN CENTRE TOWN Civic and Major InstitutionalQ Natural Areas AY ! W !!!!!!!! D ! OR O F ! UILD ! G ! ! C ! ! ! ! ! $ ! ! ! School ! ! Industrial ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! R ! ! E ! ! IV ! ! R ! Parks and Recreation ! M Municipal Arterial Street A L GLEN DRIVE T I U JOHNSON STR. Natural Areas Q Municipal Collector Street !!!!!!!! O ! ! C Y ! A ! ! W $ !!!! FALCON DRIVE FALCON ! LINCOLN AVE. Industrial ! ! Pedestrian Spine ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! E $ E R T BARNET HIGHWAY E Municipal Arterial Street IN P Evergreen Rapid Transit Line JOHNSON STR. Municipal Collector Street Y CANADIAN PACIFIC RAILWAY A Evergreen Rapid Transit Station W $ !!!! FALCON DRIVE FALCON LINCOLN AVE. E Pedestrian Spine PONDEROSASTR. $ E LO CITY OF PORT COQUITLAM R U T G BARNET HIGHWAY E HE IN E P $ D Evergreen Rapid Transit Line H WESTWOOD STR. IG HW AY CANADIAN PACIFIC RAILWAY Evergreen Rapid Transit Station C H PONDEROSASTR. L CITY OF PORT COQUITLAM$ R OU IS GH TM EE A $ $ D S H WESTWOOD STR. W IG A 0 125 250 500 750 1,000 M HW Y AY PROSPECTIVE PURCHASERS C OFFERING PROCESS H Adopted:July 28, 2008 $