The owner of a high-profile lot in Coquitlam that’s been empty for years will pay for a future traffic light on Como Lake Avenue.
This month, city council unanimously gave fourth and final reading for rezoning and OCP changes to Sunnyland Enterprises, which owns the corner property at 1990 Como Lake Ave. next to Montrose Street.
Previously, the site — in the Como Lake Village shopping mall — was used as a Shell gas station; it has since been remediated.
According to a city report, Sunnyland will build a one-storey commercial building in exchange for a voluntary contribution of $60,000 toward a future traffic signal at Como Lake and Montrose.
As well, the company will be required to pay about $27,100 in development cost charges (DCC) once the building permit is issued.
Sunnyland will have two restrictive covenants on title to ban drive-thrus, and to prohibit occupancy until the proposed parking lot changes at the adjacent strip mall are complete, the staff report reads.
A public hearing for the property redesignations, which were applied for by Mallen Gowing Berzins Architecture Inc., was held in January 2020.