Background - Rezoning
Visit project page: Coronation Park (2) - Rezoning
April 2022
Coronation Park (Inlet District) was designated as a high-density master planned neighbourhood through OCP Amendment Bylaw No. 27, 2021, No. 3285 in April of 2022. This redesignation included policies related to use, height, and density. Key considerations of this amendment are noted below:
- Building heights up to 31 storeys are permitted in Area ‘A’
- Six high-rise buildings shall be permitted, ranging in height from 26 to 31 storeys;
- The maximum permitted residential gross floor area is 194,276m2
- A minimum of 7,780m2 of the residential gross floor area shall be purpose-built rental housing;
- The minimum required commercial gross floor area is 9,780m2
- A minimum of 2,717m2 of commercial gross floor area shall be for purpose-built office use;
- A minimum of 883m2 of gross floor area shall be provided for childcare use;
- A public park a minimum size of 1.03 ha. in size shall be provided.
October 3, 2023
The Public Hearing for the rezoning process was held, followed by Council Third Reading.
- Third Reading, Special Council, item 4.1, October 3, 2023
- Public Hearing, Special Council, item 4.1, October 3, 2023
July 2024
Following the OCP Amendment, the property was rezoned in July of 2024 and more prescriptive development standards were implemented. As part of the rezoning process, the overall amenity package was also formalized through the execution of a development agreement. Key elements of the rezoning and Development Agreement are noted below:
- The contribution of $6,000,000 towards and to construct a pedestrian overpass connecting the development with Inlet Centre Skytrain station. Construction of the overpass is required to occur prior to the construction of any buildings in Phase D;
- The design and construction of 1.03 ha. (2.62 ac.) park – to be delivered prior to the construction of any buildings in Phase D;
- The commitment to public artwork with a value of $4,800,000;
- The design and construction of publicly accessible pedestrian pathways throughout the site;
- Establishing the maximum residential floor areas for each phase of development.
October 2025
A rezoning application was approved to convert the office building in Phase A to a rental building and to relocate the office use to Phase C. As part of this rezoning, Building 2 in Phase A was converted from market-strata to market-rental with the inclusion of below-market units. At the time this application was presented to Council, staff noted that an application for additional density was anticipated to offset the costs of delivering below-market housing, and primarily to offset the future increase in Metro Vancouver Development Cost Charges (DCCs).
