With the new year upon us, it’s time for this blog’s annual review of the past year in Surrey City Centre, as well as a look at what can be expected ahead in 2020. Additionally this year, we will also take a look back at the past decade, which saw accelerating growth and transformation in City Centre, a trend likely to persist as Surrey’s downtown becomes further established, and continues to attract more people, businesses, institutions, and jobs.
Growth in 2019
Construction activity in Surrey City Centre reached record levels in 2019, with many projects approved in previous years entering the construction phase, joining others already under construction, and others completing. Overall 2019 construction activity is summarized below:
6 significant projects began construction
- One Central | 44 Storeys
- Georgetown One | 30 Storeys
- Linea | Residential | 28 Storeys
- Veterans Village | Mixed-Use | 20 Storeys
- Camellia | Residential | 5 Storeys
- La Voda | Residential | 6 Storeys
7 significant projects continued construction
- King George Hub B | Residential, Office, Retail | 15 + 29 + 40 Storeys
- Park Boulevard | Residential | 39 Storeys
- King George Hub C | Rental Residential | 34 Storeys
- City Centre 3 | Office, Retail | 10 Storeys
- Fraser Landmark | Residential | 6 Storeys
- Maverick | Residential | 5 Storeys
- 13904 102 Ave | Residential | 4 Storeys
8 significant projects completed construction
- Prime | Residential, Office, Retail | 37 Storeys
- Evolve | Residential, Office, Retail | 36 Storeys
- Aspire | Residential | 6 Storeys
- Porte HQ | Residential | 6 Storeys
- SFU Sustainable Energy & Environmental Engineering Building | 5 Storeys
- 9909 140 St | Residential | 4 Storeys
- Surrey Central Station Expansion
- West Village Park & District Energy Centre
One Central under excavation at Central Ave & 133A St
Linea by Rize under construction at 104 Ave & 133 St
King George Hub (Phase B) under construction at King George Blvd & Fraser Hwy
Park Boulevard under construction on Whalley Blvd near 100 Ave
King George Hub B & Park Boulevard as seen from Fraser Hwy
Georgetown One under excavation at Whalley Blvd & 102 Ave
City Centre 3 by Lark Group under construction on 96 Ave
Aspire recently completed on 101 Ave near Whalley Blvd
Prime completed in Fall 2019 at University Dr & Central Ave
HQ by Porte at 140 St & 105A Ave completed early 2019
Evolve completed in 2019 at Central Ave & 133 St
SFU Sustainable Energy & Environmental Engineering Building completed in Spring 2019
Surrey Central Station expansion completed in Spring 2019
West Village Park & District Energy Centre completed in Spring 2019
As for new Development Applications, 2019 saw a drop from 2018’s record number of 25 applications, to 19 new applications. This is still well above all previous years in the decade between 2010 and 2017, indicating continued strong interest from the development community in 2019. These 19 new Development Applications included approximately 21 towers (>6 Storeys) and 14 low-rises (4-6 Storeys), comprising over 7,200 units and over 300,000 sq.ft. of commercial space in 2019 applications alone.
As of January 2020, in total there are currently 65 significant active applications either under review, approved, or under construction in City Centre consisting of approximately 69 high rises (>6 Storeys) and 44 low-rises (