Voters to help decide future of Port Moody development

Port Moody voters could help decide the future of development in a key part of the city.

The Oct.20 civic election includes a non-binding referendum ballotthatasks if voters support the sale or lease of two plots of city-owned land in order pay for city improvements.

The fate of thecity-ownedlands has been contentious, with some residents expressing concern about the pace of development in Port Moodyand the sale of the land to private developers.

Others welcome the potential new housing and other amenities the sale would bring

The land in question includes the site of the former fire hall at Murray Street and IocoRoad, which has been vacant and surrounded by steel fencing since the firehallmoved to another address four years ago.

The site also includes a city works yard, which is slated to be movedin the future. Thecombined sizeof the land totals more than 201,000 square feet.

Pay for city improvements

Port Moody's mayor, Mike Clay, wants to explore selling the land in order to pay for city improvementssuch as a new library and affordable housing, including rental and seniors housing.

"It's right in the urban centre, accessible to transit, a short walk to a SkyTrainstation, it's got all the amenities within walking distance," says Clay, who is running for re-election.

Claysays the property could potentially support up to 800new residents in a neighbourhood that already includes major housing and shopping developments.

Development of the land wasidentified as a priority in Port Moody's 2015-2018 strategic plan.

In April 2018, following a lengthy public hearing,council deferred a proposal to rezone the land from public to institutional use and referred the issue to a referendum.

Candidates disagree on potential sale

Mayoral candidateRob Vagramov, whois a city councillor,opposes thesale of the city-owned lands. Vagramov said the sale would bring "a one-time shot of cash" to pay for some facilities that are overdue. But he arguedthe city should have planned how to pay for these services long ago.

Vagramov worries that development of the sitewould exceedthe Official Community Plan's already ambitious growth targets.

He would like to see the city consider other means to pay for amenities, such as developing partnerships with more senior levels of government. Vagramov also suggested that developers could provide money from what he describes as the "tsunami of development" that has occurred in recent years.

Or the municipality couldworkwith organizations to build "something meaningful for the community."

"These areoptions to beexplored," saidVagramov. "I think that keeping theselands in public hands is our best opportunity to do that."

But Clay wants the city to continue to explore the possibility of leveraging the land for what he sees as the best returns for the community, including slowing growth elsewhere.

"One of the ways I think you preserve density in some of our historic neighbourhoods and single family neighbourhoods is to concentrate our growth where it should be," says Clay.

"As stewards of taxpayers' assets, I think we are doing the right thing by looking at it and seeing ifthis the time."

Voters will have a chance to offer their input in a non-binding referendum on October 20.