Lincoln Station Project (Coquitlam, BC)
The Lincoln Station Project (Coquitlam, British Columbia) will result in an additional transit station built as part of the Evergreen Line Rapid Transit Project. The P3 model for the Evergreen Line will provide an estimated Value for Money savings of $134 million compared to a traditional procurement.
This transaction serves as a model for private sector partnership in sponsoring the development of public infrastructure, through a unique partnership between the City of Coquitlam and Pensionfund Realty Limited, a privately held real estate company.
The proposed project includes:
- Construction of the station house, platform, plaza area;
- Provision for future secondary station access
- Operational facilities; and
- Ticketing machines and fare gates.
The construction of this Lincoln Station will encourage greater use of public transit; support the city’s densification and urban development strategies; reduce greenhouse gas emissions; and support economic development in the area. It will bring more rapid transit access to this fast growing area of Coquitlam, improve transit linkages and reduce traffic congestion.
P3 Canada Fund Infrastructure Category
Public Transit Infrastructure
For information regarding the status of the Lincoln Station project, please contact the BC Ministry of Transportation and Infrastructure.