What is involved in this three-party partnership?

This project involves three partners - the City, the YMCA of Greater Vancouver and Concert Properties - in a project that will deliver a Coquitlam YMCA recreation facility, a new Community Policing Station, a Park-and-Ride, and the expansion of Cottonwood Park to Coquitlam’s Burquitlam neighbourhood. This is an innovative and complex partnership that provides significant benefit to the residents of Coquitlam.

Simply explained:

  • The City is providing land and capital funding towards the construction of the recreation facility and community amenities in the heart of the Burquitlam area
  • The YMCA is providing capital funding as well as operational funding for the life of the facility
  • Concert Properties is providing a land parcel and financial support for the significant expansion of Cottonwood Park in exchange for the opportunity to develop the YMCA facility site as a mixed-use development that will include both strata and rental housing

Show All Answers

1. What is involved in this three-party partnership?
2. How does the community benefit from the three-party partnership model?
3. Why was Burquitlam Park selected for this facility?
4. Will this development result in a loss of parkland for the Burquitlam neighbourhood?
5. How was this project established?
6. How much will the new Coquitlam YMCA facility cost?
7. What is the overall cost to the City and the financial impact on Coquitlam taxpayers for this project?
8. Will the City have an ownership stake in the new Coquitlam YMCA facility?
9. What amenities will be located in the new Coquitlam YMCA?
10. What fee/membership model will the YMCA use for this new facility?
11. When will the Coquitlam YMCA be completed?
12. What is the expected timing for expansion to Cottonwood Park?
13. What facilities are proposed for the Cottonwood Park expansion?
14. What will happen to the existing rental housing owned by Concert Properties and located adjacent to the existing Cottonwood Park site?