Nestled on Coquitlams only residential waterfront land, Fraser Mills envisioned plan is an exceptional mixed-use master plan community with unparalleled amenities. Overlooking the Fraser River, Fraser Mills will provide over 16 acres of public park, a state of the art public aquatic and recreation centre, comprehensive pedestrian and bike trails, pier, plaza, shops and other amenities that makes Fraser Mills a complete community for generations to come.
With anticipated buildout over 25 years, Fraser Mills will be home to approximately 4,700 families and individuals. The thoughtful design of the master-plan will provide wide range of shops, restaurants, offices and light production in a conveniently accessible community. Fraser Mills mixed-use master plan will offer opportunities to live, work and entertain in an environment surrounded by extensive greenspace while providing range of housing options for variety of families, ages and income levels.
Waterfront Park & Community Hub
As part of the first phase, Beedie is planning to build approximately 3.5 acres of public waterfront park, restaurant and a Community Hub at foot of King Edward Street. The first phase is intended to connect Coquitlams residents with the Fraser River and provide a gathering place for festivals and community activities.
The design of parks and trails system at Fraser Mills will provide an integrated network of open space, view decks, spray park and entertainment opportunities that fulfills recreational needs while enhancing the natural setting of the Fraser River. The progressively phased construction of the 16-acre park system at Fraser Mills will form the vision for a sustainable and healthy community.
Public Aquatic Centre, Pier and Plaza
As part of the proposed plan, Beedie is planning to build an approximately 40,000 sf public aquatic and recreation centre at no cost to Coquitlams residents. This plan has also envisioned construction of a pier, plaza, cafe's and restaurants at the waterfront to create an active hub for families and individuals of all ages. The envisioned plaza will be the heart of Fraser Mills with dinning amenities, boutique retails and a public pier which will create a distinct public realm for Coquitlams residents, immediate and greater community.
Fraser Mills Technical Info
||1150 United Blvd
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REBGV Housing Market Update For October 2018
BCREA Housing Market Update (November 2018)
Homes sales across the province down 26% compared to last year. Listings were up for the 4th consecutive month.
REBGV Housing Market Update For September 2018
Home sales in September are down by 44% compared to last year. There were 5,279 new listings in September.
BCREA Housing Market Update (October 2018)
BC home sales are down 33% compared to September last year. Listings in September were up 24% compared to last year.
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Housing Market Update for August 2018
August sales are down 37% from the same period last year. Listings are up 30%
Real Estate Related News Articles(Sun and Province)
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Notable weakness observed in Western Canada – CREA
The CREA’s October measurement of the nationwide sales-to-new-listings ratio, which illustrates demand by quantifying absorption during the same month, showed that Vancouver suffered the most significant adjustment: The city’s ratio fell by 26.22% year-over-year to reach 48.4, which also made it the third lowest in Western Canada.
Western Canada experienced most declines in housing demand #LesTwarog
||Mortgage Broker News
B.C.’s anti-laundering drive goes online
As the latest step in its anti-money laundering initiative, the B.C. government has launched an anonymous tip platform available to concerned citizens who want to report on illegal funds funnelled through the province’s real estate, horse racing, and luxury car segments.
Concerned citizens can report illegal laundering #LesTwarog
||Mortgage Broker News
B.C. gov’t has yet to make good on affordability commitments
Andy Yan, the director of the City Program at Simon Fraser University, said that the leadership has yet to fulfill crucial announcements like its much-touted $7-billion housing affordability strategy, a project expected to take 10 years.
Home prices have gone down but affordability still an issue #LesTwarog
||Canadian Real Estate Wealth
Inventory glut and government intervention slow Vancouver
In terms of multifamily income-producing properties, the Vancouver market has been one of the strongest in North America with vacancy rates hovering around, or below, 1%,” said Rene Palsenbarg, Marcus & Millichap’s regional manager and managing broker. “Because of that, the average rent per square foot is pretty significant.
Vancouver rentals below 1% #LesTwarog
||Canadian Real Estate Wealth
Commercial, multifamily originations pull back amid higher rates
Commercial and multifamily originations slowed during the third quarter on year-over-year and quarter-over-quarter bases amid a pullback in lending activity across most property types, according to the Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released by the Mortgage Bankers Association (MBA).
Borrowing and lending decrease 3% in Q3 #Lestwarog