Premier Surrey City Centre High-Density Development Site
Surrey, British Columbia
Building
Stats
- Property Type Land - Residential
- Size (Ac) 0.95
- Price $38,250,000 CAD
Overview
Avison Young is pleased to present this once-in-a-lifetime opportunity to acquire an irreplaceable 41,445 sf site directly adjacent to one of Surrey’s most iconic landmarks, 3 Civic Plaza, in the heart of Surrey City Centre. The Subject Properties are designated for a high rise mixed-use development project with a minimum two (2) floors of non-residential, inclusive of ground floor retail/commercial space.
Highlights
Site size: 41,455 sf (0.95 acres)
Designation: High Rise Mixed-Use – Type 1 (Base density: 5.5 | Notable projects in the surrounding area range from 7.75 FSR to 15.2 FSR)
Irreplaceable location directly adjacent to 3 Civic Plaza, Surrey Central Station and other notable landmarks
Surrey City Centre population is projected to more than double from 2022 to 2051 (Source: surrey.ca)
3 Expo Line SkyTrain stations are located in the City Centre
Planned Expo Line extension from City Centre to Fleetwood by 2025, and Langley in the future
Pattullo Bridge replacement is a four-lane toll bridge connecting Surrey and New Westminster scheduled to open in 2024 (Source: pattullobridgereplacement.ca)
