18130 72 Avenue. Surrey, BC
Surrey, British Columbia
Summary
Exclusive opportunity to acquire a 1.32 acre residential development site, located steps from future SkyTrain
A highly exclusive opportunity to acquire a 1.32-acre property designated for a wood-frame development project with higher density potential. Within ~280 metres of the future 184th-Hilcrest SkyTrain Station, this property is centrally located within a new urban centre of Metro Vancouver, offering convenient connectivity to Downtown Vancouver, YVR, and Downtown Langley. This location also offers quick access to Fraser Highway, Highway 15,
Development potential
The City of Surrey designates the property within the draft Clayton Corridor Plan as Low Rise Residential with allowable height limits up to 6-storeys. Under the provincial Transit Oriented Development Areas (TOA) frameworks, the property is designated up to minimum 4.0 FSR with minimum allowable height limits of 12-storeys. A rezoning application has been submitted for a mixed-use residential project consisting of 137 condo units with commercial retail space at grade. The Preliminary Layout Approval (PLA) and Third Reading is expected by Q1 2025.
