In a remarkable development that is set to transform the landscape of Coquitlam, Beedie, a prominent Vancouver developer, has launched Fraser Mills, the city’s first waterfront community. This project stretches across 96 acres along the picturesque Fraser River, symbolizing an exciting new chapter for the city and its residents [1].
A Vision for the Future
Fraser Mills is not just an ordinary development; it’s a vision for a sustainable and inclusive future. The project will include 5,500 new homes and is expected to provide accommodation for up to 13,000 residents. The commercial spaces, an urban plaza, childcare facilities, and an impressive 16 acres of parkland make it an all-encompassing community hub.
One of the project’s crown jewels will be the first condo tower, named Début, which is expected to be ready for occupancy by 2026. Additionally, rental homes will be available to cater to various housing needs. Fraser Mills will also have a community center, an elementary school, and over 400 childcare spaces [1].
What’s more, the development plans don’t just stop at building structures; Beedie is also setting the benchmark for sustainable transport. They will be the first company to partner with TransLink to provide a bus shuttle service from Fraser Mills to the Braid SkyTrain station [1].
Economic Impact and Community Building
The economic implications of this development are staggering. Beedie’s estimated investment for the Fraser Mills project runs into billions. To kick off the development, a $10-million presentation center has been built on-site, exhibiting the dedication and commitment towards making Fraser Mills a reality. Coquitlam Mayor Richard Stewart has commended the project as a significant investment that is poised to reinvigorate the city’s historic waterfront [1].
A Hub of Life and Activity
Beedie’s master-planned community is poised to become a buzzing hub of life and activity. Fraser Mills will house dining establishments, shops, plazas, and ample green spaces for leisure and relaxation. These elements will ensure that residents have all they need within their reach, creating a self-sustaining community [2].
Ahead of Schedule
Despite earlier delays, Fraser Mills is now progressing ahead of schedule. The accelerated progress, however, is contingent on the prompt processing of applications and permits by the city [3].
A New Beginning
With Fraser Mills, Coquitlam is on the brink of a transformative era. The project represents a convergence of community, sustainability, and modern living. As we keep an eye on its progress, there is little doubt that Fraser Mills is set to become a cherished jewel in Coquitlam’s crown.
What began as a vision is now unfolding into a concrete reality that promises to shape the future of Coquitlam for generations to come.
