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FOR SALE 1615 SHAUGHNESSY STREET | PORT COQUITLAM, BC 3.37 ACRES PORT COQUITLAM SUBDIVISION DEVELOPMENT SITE DESIGNATED FOR MULTIFAMILY DEVELOPMENT FOR MORE INFORMATION CONTACT ADAM XU SENIOR SALES ASSOCIATE 604 662 5196 | [email protected] OPPORTUNITY TO ASSEMBLE COLONY FARM REGIONAL PARK SHAUGHNESSY STREET MARY HILLS BYPASS PORT MANN BRIDGE TRANSCANADA HWY 1 KWIKWETLEM BUSINESS PARK (UNDER CONSTRUCTION) CITY OWNED

FOR SALE - CBRE · 2019. 6. 24. · for sale 1615 shaughnessy street | port coquitlam, bc 3.37 acres port coquitlam subdivision development site designated for multifamily development

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Page 1: FOR SALE - CBRE · 2019. 6. 24. · for sale 1615 shaughnessy street | port coquitlam, bc 3.37 acres port coquitlam subdivision development site designated for multifamily development

FOR SALE1615 SHAUGHNESSY STREET | PORT COQUITLAM, BC

3.37 ACRES PORT COQUITLAM SUBDIVISION DEVELOPMENT SITEDESIGNATED FOR MULTIFAMILY DEVELOPMENT

FOR MORE INFORMATION CONTACT

ADAM XUSENIOR SALES ASSOCIATE

604 662 5196 | [email protected]

OPPORTUNITY TO ASSEMBLE

COLONY FARM REGIONAL PARK

SHAUGHNESSY STREET

MARY HILLS BYPASS

PORT MANN BRIDGE

TRANSCANADA HWY 1

KWIKWETLEM BUSINESS PARK(UNDER CONSTRUCTION)

CITY OWNED

Page 2: FOR SALE - CBRE · 2019. 6. 24. · for sale 1615 shaughnessy street | port coquitlam, bc 3.37 acres port coquitlam subdivision development site designated for multifamily development

THE OFFERINGCBRE is pleased to offer the opportunity to acquire a 3.37 acres multi-family development site in the city of Port Coquitlam. The site is designated for multi-family development with the potential for variety of residential forms. The property is located along Shaughnessy Street, with approx. 718 feet frontage.

AREA DEVELOPMENTThe immediate area around the property is slated for a large amount of redevelopment. The Haven project on the other side of business park is in late-stage process of having its townhouse units pre-sold. Other notable projects include Ambrose, Trellis, and Lumiere, averaging selling for over $600/sq. ft. The City has also planned to build additional road access surrounding the property, increasing walkability and street facing retail opportunities city-wide.

ADDRESS• 1615 SHAUGHNESSY STREET

LEGAL ADDRESS

• LOTS 1 - 28, DL 342, NWD PLAN LMS 2018

MUNICIPALITY• PORT COQUITLAM

SITE AREA• 3.37 ACRES (Approx)

CURRENT ZONING• CD12

ZONING DESIGNATION

• RESIDENTIAL TOWNHOUSE 3 (RTH3) ZONE

CURRENT IMPROVEMENT

• 28 SINGLE FAMILY LOTS

PRICE• PLEASE CONTACT LISTING AGENT

FOR SALE | 1615

Appr

ox. 7

18 fe

et

Page 3: FOR SALE - CBRE · 2019. 6. 24. · for sale 1615 shaughnessy street | port coquitlam, bc 3.37 acres port coquitlam subdivision development site designated for multifamily development

HIGH IMPACT, HIGH EXPOSURE SITE NEARBY COMMERCIAL DEVELOPMENTThe Property is in prime position to take advatage of its wide frontage along a major road in Port Coquitlam. The Property is also in close proximity to the Kwikwetlem Business Park.

THE HOTSPOT FOR SUBURBAN HOUSING Port Coquitlam is one of the most desirable communities attracting younger professionals and families looking for affordable suburrban lifestyle.

“YOUNG NEIGHBOURHOOD” IN THE PROVINCE: Based on CBRE research, the Property sits at an area with the highest concentration of “Millennials” residences (20 - 34 years old) in the entire British Columbia.

SHAUGHNESSY STREETOFFERING HIGHLIGHTS

High Household Income Area

Page 4: FOR SALE - CBRE · 2019. 6. 24. · for sale 1615 shaughnessy street | port coquitlam, bc 3.37 acres port coquitlam subdivision development site designated for multifamily development

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

CBRE Limited | 1021 W Hastings Street | Suite 2500 | Vancouver, BC V6E 4M3 | www.cbre.ca

FOR MORE INFORMATION CONTACT

ADAM XUSENIOR SALES ASSOCIATE

604 662 5196 | [email protected]

COQUITLAM CITY CENTRE

KWIKWETLEM BUSINESS PARK(UNDER CONSTRUCTION)

1615 SHAUGHNESSY STREETPORT COQUITLAM, BC

3.37 ACRES PORT COQUITLAM SUBDIVISION DEVELOPMENT SITEDESIGNATED FOR MULTIFAMILY DEVELOPMENT