Coquitlam Council recently approved the Housing Agreement and Development Permit for two major affordable housing projects, bringing these new homes one step closer to construction.
COQUITLAM, B.C., June 16, 2025 – Coquitlam Council recently approved the Housing Agreement and Development Permit for two major affordable housing projects, bringing these new homes one step closer to construction.
The previously announced projects, in partnership with the operator S.U.C.C.E.S.S. and BC Housing, will provide 158 units of much-needed affordable seniors’ rental housing at 290 Laval Square and 602 Sydney Avenue.
Addressing the Demand for Seniors’ Housing
As the number of senior-led households in Coquitlam continues to grow, so does the demand for affordable housing. The two proposed developments will be located on City-owned sites in the Maillardville and Burquitlam-Lougheed neighbourhoods:
- 290 Laval Square: A three-storey building with 42 affordable rental units, integrated with the Maillardville Community Centre plaza.
- 602 Sydney Avenue: A six-storey building with 116 affordable rental units.
Once complete, these purpose-built rental buildings will provide much-needed homes for low- to moderate-income seniors. Construction is expected to begin once funding agreements are finalized and building permits are issued in the near future, with timelines to be confirmed in coordination with BC Housing and S.U.C.C.E.S.S.
Supporting the Creation of Affordable Housing through Strong Partnerships
The City of Coquitlam has made significant progress in addressing housing needs through proactive policy, a streamlined permitting process and strong partnerships. In 2023, the City partnered with S.U.C.C.E.S.S., who will develop and operate the housing under a long-term lease.
This latest project is just one of many housing initiatives spearheaded by the City and guided by Coquitlam’s award-winning Housing Affordability Strategy, which was adopted in 2015. Through the City’s Affordable Housing Reserve Fund, over $19.3 million has been granted to support 872 affordable housing units, including notable projects, such as Robert Nicklin Place and the Hoy Creek Housing Co-op, both facilitated through partnerships with BC Housing and non-profits.
Coquitlam's Response to Provincial Housing Legislation
Coquitlam is committed to addressing housing affordability and supply challenges within the framework of provincial legislation. The City is actively implementing the changes imposed by the provincial government, including enabling Small-Scale Multi-Unit Housing, increasing density in Transit-Oriented Areas and updating the Official Community Plan. These steps build on Coquitlam’s strong housing record, with more than 7,400 new homes created between 2021 and 2024, including 1,179 market rental units and 529 non-market and below-market rental units.
Coquitlam’s award-winning Housing Affordability Strategy has been a key driver in delivering diverse and inclusive housing options. As housing policies and regulations continue to evolve, the strategy will be reviewed to make sure it continues to meet current and future needs.
Media contact:
Renée De St. Croix
Director Urban Planning and Design
604-927-3430
DevInfo@coquitlam.ca
We acknowledge with gratitude and respect that the name Coquitlam was derived from the hən̓q̓əmin̓əm̓ (HUN-kuh-MEE-num) word kʷikʷəƛ̓əm (kwee-KWET-lum) meaning “Red Fish Up the River”. The City is honoured to be located on the kʷikʷəƛ̓əm traditional and ancestral lands, including those parts that were historically shared with the q̓ic̓əy̓ (kat-zee), and other Coast Salish Peoples.