The prominent Coquitlam Corner is about to be transformed
Once an old neighborhood of working class homes from the 1920s and 1930s, this neighborhood in southwest Coquitlam is changing. Signs were erected along the Lougheed Highway to advertise Ledingham McAllister’s Salishan.
A few months after Coquitlam Council approved Ledingham McAllister’s tower and townhouse at the corner of Lougheed Highway and Alderson Avenue, the first building to go up has been marked.
Salishan is a 29-story tower located at 633 Alderson Ave. to be built as part of Alderson Gate on a large triangular lot which also consists of an 80,000 square foot lot. Property at 688 Lougheed Hwy. currently occupied by DriveCo Motors.
A former home at 633 Alderson Ave has been demolished and is currently fenced off by Ledingham McAllister while DriveCo Motors is currently operating.
Meanwhile, it is still early for the Alderson Gate project, which is in the pre-construction phase and has not yet started sales.
Ledingham McAllister is planning a 29- and 25-story tower, a 6-story apartment building and a 4-story townhouse market condominium for a total of 563 units, including 408 market condos and 155 units of rental
In the third phase of the project a childcare facility will also be built.
Located in a busy section of the Lougheed Highway between Maillardville and the Lougheed SkyTrain station, the project is considered a transit zone as it is 1,200 meters – or just over a kilometer – from the light rail.
How these older neighborhoods are changing
However, it is one of the larger developments east of North Road on the Lougheed Highway.
Loma, a condominium development at 901 Lougheed Hwy. in Maillardville, has 180 units under construction.
Loma is decorated with metal panels modeled after the logs milled at the nearby Fraser Mills in the early days of Coquitlam.
Together, these new towers are changing the face of southwest Coquitlam’s neighborhood from suburban to urban.
Across the street from the Alderson Gate condominium on Alderson Avenue, for example, are houses of different ages, including some older houses from the mid-1920’s.
A home at 609 Alderson Ave purchased in 2021 for $2.8 million was built in 1924, according to BC Assessment.
In addition to towers and townhouses, Alderson Gate features that you can see or visit from the street include a water feature and a corner plaza.