Premier Surrey City Centre High-Density Development Site

Surrey, British Columbia

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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)