The concept of a Regional Town Centre for Coquitlam dates back to the mid-1970s, under the predecessor to Metro Vancouver's Liveable Region Strategic Plan. Over the past thirty years, significant planning and implementation has been completed to support this designation. Regional Town Centres, in this case Coquitlam City Centre, are intended to have high concentration of office, residential, and commercial uses with the purpose of serving the major growth areas of the region outside downtown Vancouver. Additionally, the Regional Town Centres were to be linked by rapid transit. In examining strategies to create a more sustainable City Centre, Coquitlam realized a need to review parking practices consistent with a high density Regional Town Centre with the view of creating a longer term strategy for the City Centre. The study established that there had been a historic oversupply of parking, and that parking requirements could be revised to account for higher density development. Ultimately, a parking strategy was developed for the City Centre, which included a combination of revised parking rates, pay parking, and recommended practices such as shared parking. To provide a more robust analysis that allowed the City to determine the recommended parking rates for the main City Centre land uses (office/commercial and residential), a parking model was developed to project the utilization of off-street parking based on future development. Based on future build-out land use, it was concluded that the revised Zoning Bylaw rates were acceptable.
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