A proposed design for development at Coquitlam Central Station, created by students at UBC, won the Pacific Northwest Real Estate Challenge yesterday.
The NAIOP real estate challenge has been held in Canada and the U.S. for 14 years and the Vancouver chapter hosted the competition for the first time, this year.
The team of eight undergraduate students who worked on the design was inspired by transit oriented developments, TOD’s, in Whistler and Metro Vancouver.
“Our team really wanted to enhance the pedestrian environment and encourage transit use because the [Evergreen Line], West Coast Express and bus loop were all one site. So that was the perfect place for a mixed-use community. We were also inspired by pedestrian environment, Whistler Village and also the mix of uses in other TOD’s in the area such as Marine Gateway, the future site for Brentwoood and other TOD’s in Metro Vancouver,” said Briana Mussatto whose focus was the design and planning of the project.
Photo submitted courtesy of Briana Mussatto
A 55-storey building at the corners of Lougheed Highway and Barnet Highway was another key feature in the design, received a nod from Coquitlam’s mayor, Richard Stewart.
“The Mayor of Coquitlam really liked our statement tower idea and how it was a mixed-use high density community right at that site. It is the place to have a signature Coquitlam building.”
TransLink sponsored the challenge and the students developed their design according to the transit company’s preferences.
Mussatto said her role was “to design a product for TransLink that would meet all of their objectives as well as potentially [being] approved by [Coquitlam city] council.”
The students who are majoring in real estate, are in their final year at the UBC Sauder School of Business and worked on the challenge while they still carried their regular course load.
Left to Right: Scott Marshall, Winston Liang, Stephanie Yeargin, Winnie Ng, Andrei Burlacu, Briana Mussatto, Ryan Weafer, Guang Yow Low. Photo submitted courtesy of Briana Mussatto
The students consulted Coquitlam’s planning documents that are online to take into account the city’s plans for neighbourhood development.
Mentors in the planning and architecture sectors in Metro Vancouver were on hand throughout the project.
We worked with many mentors in the community that helped us put this together. We kept in contact with many students that graduated from UBC that are planners as well as just contacts in the industry we have. I don’t believe the architect mentors graduated from UBC but they definitely do have ties to Sauder,” Mussatto said.
Mussatto and the other members of the team applied to participate in the challenge and were selected by a Tsur Somervill, director of the UBC Centre for Urban Economics and Real Estate.
“I really wanted to be apart of the competition because I heard it was one of the best things to do while at university and it was. It was one of the most rewarding experiences I’ve ever had in school,” Mussatto said.