Yes. Through the partnership agreements, the City will be on the title on a 0.8 acre site adjacent to Burquitlam Park as a joint owner of the facility 50/50 with the YMCA.
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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.
No - it will bring a net increase of about a half-acre of park space to the area. The project will see 1.5 acres retained at Burquitlam Park as public open space. At the same time, the City is obtaining 2.55 acres of additional parkland adjacent to the existing Cottonwood Park, which almost doubles its size.
The final project budget is approximately $77 million. This reflects fine-tuning of the scope and amenities, along with changes to market conditions, significant cost escalation and an increasingly challenging construction market in the four years since the agreement was reached.
The capital construction costs for this facility will be jointly funded by the City of Coquitlam and the YMCA of Greater Vancouver. Coquitlam’s portion will be provided through Community Amenity Contributions (CAC), which means that new development - not taxpayers - will fund the City’s portion. The YMCA’s contribution will be multi-sourced, including a community capital campaign.
The facility will provide access to:
The City and YMCA have worked together to ensure that public access options to the facility will include both membership and drop-in options, and that access to a wide range of programs and services such as aquatics and fitness will be provided in a manner and cost similar to other City facilities.
The target date for completion is Fall 2022.
The expansion of Cottonwood Park to almost five acres will begin in early 2020 and is anticipated that the second of three phases for Cottonwood Park will be completed by the end of that year. Enhancements will include a combined ball diamond and sports field, a multi-sport court and outdoor games tables.
This is in addition to improvements in 2019 that included:
The first phase of Cottonwood Park expansion was completed in 2019 and features a playground, water play area, as along with a youth zone and a picnic shelter with a supporting washroom building. As the park expands in phases, it’s anticipated that many of the active amenities within the existing Burquitlam Park will be moved to Cottonwood Park, such as the baseball diamond, natural grass field, as well as tennis courts. Additional enhanced park amenities are also anticipated at Cottonwood Park as it expands into a community level park.
Current timelines target early 2021 for the completion of the second phase of Cottonwood Park. Portions of the redesigned Burquitlam Park will also be open to the public upon completion of the YMCA facility in late 2022.
As part of the overall long-term community plan, the redevelopment will offer a variety of new housing options including new rental and strata homes to replace the existing housing 3-1. Concert Properties is committed to ongoing communications with existing residents to keep them apprised of the project’s timelines, and will be providing relocation assistance when necessary. Concert’s approach will be consistent with the principles established in the City’s Housing Affordability Strategy.