Beedie Living’s Spring Street rezoning project encompasses four distinct buildings. Three market strata towers, rising to heights of 32, 34, and 38 stories, will offer ample indoor and outdoor amenity space for residents. Additionally, the development includes deeply subsidized housing at 2806 Spring Street in collaboration with BC Housing and promises a ground-level mix of offices, services, restaurants, retail, and more, which is expected to generate over 600 jobs.

The project features a vibrant community plaza known as the “Living Room,” fostering community interactions and offering year-round usability through strategic design. A land swap with the City enables Spring Street’s extension, emphasizing pedestrian-friendly spaces, and is aligned with the Official Community Plan Amendment. With four levels of underground parking accommodating 1,200 vehicles and 2,000 bicycle stalls, the development prioritizes accessibility while minimizing massing along Spring Street’s podium area, enhancing the urban environment.

The site, situated at 2806, 3060-3092 Spring Street, and 80-85 Electronic Avenue, is bordered by the train tracks to the north, Spring Street to the south, Buller Street to the east, and proposes a new connection lane to the west. Currently, the site comprises of surface parking and partially occupied single-story warehouses that have exceeded their useful life.

This proposal aligns with the City of Port Moody Official Community Plan by emphasizing sustainability across all four pillars (Environment, Economy, Social, and Culture) as outlined in Beedie’s Sustainability Report Card as part of the Rezoning Submission. It also complies with the Green Building Policy for environmental sensitivity, offers diverse and affordable housing options, promotes responsible development through thoughtful urban design and high-quality architecture, and contributes to increased housing supply around rapid transportation routes.

Building on the Phase One OCP Summary, this OCP Amendment proposal addresses:
a decrease in tower separation (from 60m to 25m), increasing tower heights to a maximum of 39 storeys to accommodate fully underground parking and non-market rental housing components, the integration of 80 Electronic Avenue into the Moody TOD area to allow for the extension of Spring Street to Buller Street, which in turn will provide a pedestrian mews on Electronic Avenue achieved through a land-swap with the City of Port Moody, increasing minimum tower floor plates from 7,500 square-feet to 8,300 square-feet, defining the character of the neighbourhood through a variety of unique open spaces, and the activation of Spring Street through a continuous pedestrian-oriented streetscape with 1-2 storey podiums and retail components that seamlessly integrate into the public realm.

Beedie’s proposal at 2806 Spring Street makes a significant contribution to the community. It includes nearly 33,500 square feet of non-market, subsidized housing, which equates to approximately 40 units, valued at an estimated $11,700,000.

In addition to this, the base Community Amenity Contribution (CAC) includes a cash contribution of $3,630,000. There are also in-kind contributions, which are as follows: $2,500,000 for the Public Plaza, $6,600,000 for off-site servicing and infrastructure, and $2,400,000 for Public Art.

Further cash-in-lieu Community Amenity Contributions for this project amount to $2,500,000

The total value of the Community Amenity Contributions for this project is nearly $27,000,000, reflecting Beedie’s commitment to enhancing the community.

Since the beginning, each landowner within the Moody Centre TOD planning group has planned to pursue separate rezonings. Looking ahead, the group will continue to convene and cooperate on aligning with the evolving directions of the OCP. Their shared goal is to collectively maximize the delivery of public benefits to the area.

From a comprehensive viewpoint, the OCP envisions a range of housing options within the TOD Area, emphasizing the importance of housing diversity. While one of our sites in the TOD area exclusively offers condos, providing the opportunity for those interested in purchasing, our second site at 2806 Spring Street focuses on non-market, deeply subsidized housing. Beedie Living is exploring a partnership with BC Housing which would enable individuals in need of housing assistance to access new, high quality homes integrated within the community at deeply affordable rental rates.

Yes! This area (and many other areas across the Lower Mainland), are in dire need of more housing options, particularly in Transit Oriented Development locations such as Moody Centre. Recently, Port Moody was named by the province as a municipality that needed to produce more housing units for their population. For that matter, Port Moody is one of the only municipalities in the Lower Mainland that has experienced a population decline as noted in the 2021 census.

Based on continuous discussions with the public, planning staff, and the City Council of Port Moody, it’s clear that there’s a desire for more detailed information regarding each proposal in the Moody Centre area. Normally, such details are only solidified when a rezoning application is submitted. Consequently, we are now collaborating closely with pertinent stakeholders and planning staff to develop a vision that aligns with the current OCP framework and integrates public input, aiming to create a comprehensive plan for the area. On December 5th, 2023, Port Moody’s Council and Mayor were presented with the moody TOD OCP Framework during Regular Council.

Beedie’s retail team has established robust connections with retailers across the country. Although we are in the initial stages of the approvals process, we hold a strong belief that there will be substantial demand for the commercial units. Moreover, we are enthusiastic about creating opportunities for both existing and new local businesses.

Our main goal is to create community-centered retail spaces tailored to local needs in the Moody TOD neighbourhood. These carefully curated areas, part of our “Living Room” concept, will include businesses like cafes, bookstores, convenience stores, and boutiques showcasing local artisans. We aim to strengthen the community’s vitality while providing employment opportunities for the local workforce.

This project includes a wide range of residential amenities, such as:

• Roughly 24,000 square feet of indoor amenity space, featuring work-from-home areas, a gym, quiet fitness areas, kitchens, lounges, and more.
• Roughly 40,000 square feet of outdoor amenity space, including outdoor dining areas, children’s play structures, urban agriculture initiatives, and lounges.
• Bike wash and repair facilities.
• Concierge services.
• Spacious lobby areas.
• Bike storage with electric bike charging facilities.
• Car-sharing options.
• Electric vehicle charging stations.

While the resident amenities are exclusively for building residents, the proposal includes several public amenities including a 15,000 square-foot community plaza, over 20 new retail/commercial/office spaces, a flexible pedestrian-oriented mews programmed for incorporating various events such as local festivals, farmer’s markets, art markets and more. The development will also foster the creation of new and extended bike access routes and bike-friendly roadways.

At Beedie Living, we take pride in creating beautiful and inviting spaces. The ground floor’s public realm will feature extensive landscaping and green space design, covering the entire site.

We are committed to bird-friendly design principles, with a focus on enhancing biodiversity by offering food sources and nesting opportunities for local birds. The interconnected tree canopies we incorporate also contribute to ecological balance, providing shade, regulating temperatures, and supporting habitat connectivity.

Beedie will be contributing over $2.4 million in Public Art funds to the City of Port Moody, with a portion of the funds being allocated to significant elements that will be designed and incorporated into the community plaza.

Phase 1 (East Tower + 2806 Spring) is expected to be completed by June, 2030

Phase 2 (West Towers and Public Plaza) is expected to be completed by June, 2032.

Our location within a transit-oriented community offers numerous advantages, notably the extremely close proximity to Moody Centre Station and various green lines. Our proposal actively promotes the use of SkyTrain and various forms of multimodal transportation to fully capitalize on this benefit.

Beedie is diligently conducting Transportation Impact Assessments in collaboration with Bunt & Associates Engineers. These assessments will comprehensively address any potential traffic increases through a responsible offsite design package, ensuring a balanced and efficient transportation system.

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