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Wesgroup applies for development permit for master-planned Port Moody community

DCN-JOC News Services
Wesgroup applies for development permit for master-planned Port Moody community
WESGROUP PROPERTIES—The project would take form in the area formerly known as Coronation Park and would consist of six towers and three low-rise buildings on the 14.8-acre site.

VANCOUVER – Wesgroup Properties has announced it has submitted a development permit application to the City of Port Moody for the first phase of master-planned community in the region.

The project, named Inlet District, would take form in the area formerly known as Coronation Park and would consist of six towers and three low-rise buildings on the 14.8-acre site featuring 2,486 market condos and 101 market rentals along with two day care centres, an office building, a supermarket, a drug store and other retail.

“We are excited to be one step closer to making Inlet District a reality and bringing more than 2,500 new transit-oriented homes to Port Moody. Inlet District has been designed as a complete community where residents’ daily needs, such as child care, shopping and recreation will be right at their doorsteps,” said Wesgroup Properties vice-president Dean Johnson in a release.

Three of the six condo towers will be 26 storeys and three will be 31 storeys with the three low-rise buildings all at six storeys.

Inlet District will be built over four phases, the release said, and the first phase will include two 26-storey towers built atop a four-storey podium providing new retail space for a grocery store, pharmacy and other shops. A four-storey office building and a day care centre will also be built as part of the first phase.

The master plan was developed in consultation with Port Moody residents and city officials, the release added, and will feature a 2.55-acre park, a pedestrian overpass to the Inlet Centre SkyTrain station, $44 million in infrastructure upgrades and $4.8 million in public art. The park will feature a kids play area, sports court, stage, pollinator meadow and seating for families and groups.

WESGROUP PROPERTIES—One of the community features of the Inlet District will be a day care facility.

 

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