The year ahead – Surrey City Centre in 2019

Happy 2019! As we enter the new year, it’s time for this blog to take its annual look what’s ahead for development in Surrey City Centre over the coming year.

2018 in Review

New Construction

A total of 6 new projects began construction in 2018 – representing 5 high-rises (>6 storeys) and 3 low-rises (4-6 storey). These included:

  • Park Boulevard | Condo | 42 Storeys
  • King George Hub (Phase B) | Condo, Office, Retail | 15, 29 + 40 Storeys
  • City Centre 3 | Office, Retail | 10 Storeys
  • La Voda | Condo | 6 Storeys
  • Fraser Landmark | Condo | 6 Storeys
  • Maverick | Condo | 5 Storeys
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Park Boulevard under construction on Whalley Blvd
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King George Hub (Phase B) under construction at King George Blvd & Fraser Hwy

New Development Applications

Aside from new construction underway,  2018 saw a surge in new development applications. Looking back at the past 3 years, the number of new high-rise development applications submitted in 2018 was double that of 2017, and triple that of 2016. Overall, a total of 23 new applications were submitted in City Centre for both high-rise and low-rise development representing 21 high-rises (>6 storeys) and 10 low-rises (4-6 storeys)This is the highest number of development applications submitted in a single year in City Centre’s history, and included:

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Ahead in 2019

With the surge in new development applications in 2018, and many projects making it through the approvals process, 2019 and the next few years could bring record construction in City Centre. As we enter 2019, numerous projects are already in the marketing stage, and could begin construction by the end of the year, assuming market conditions remain favourable.

Potential Construction Starts 2019

  • One Central | Mixed-Use | 44 Storeys
  • Park George | Condo | 35 + 39 Storeys
  • University District (Phase 2) | Mixed-Use | 28 + 37 Storeys
  • King George Hub (Phase C) | Rental | 34 Storeys
  • Avani Centre | Hotel, Condo | 30 Storeys
  • Georgetown (Phase 1) | Mixed-Use | 30 Storeys
  • Linea | Condo | 28 Storeys
  • The Holland | Condo | 25 Storeys
  • Veterans Village (Phase 1) | Mixed-Use | 26 Storeys
  • Centra | Condo | 23 Storeys
  • Camilla Residences | Seniors Housing | 5 Storeys
  • 14008 108 Avenue | Condo | 5 Storeys
  • Parker by Mosaic | Condo | 4 Storeys

Aside from construction starts, the following projects are expected to complete in 2019:

Expected Construction Completions 2019

  • Prime on the Plaza| Mixed-Use | 37 Storeys
  • Evolve | Mixed-Use | 36 Storeys
  • SFU Sustainable Energy + Environmental Engineering Bldg | 5 Storeys
  • HQ by Porte| Condo | 6 Storeys
  • Aspire| Condo | 6 Storeys
  • Surrey Central SkyTrain North Station House
  • West Village Park + District Energy Centre
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Prime on the Plaza under construction at University Dr + Central Ave
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Evolve under construction at 133 St + Central Ave
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SFU Sustainable Energy + Environmental Engineering Building – set to open Fall 2019
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West Village Park + District Energy Centre
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Surrey Central SkyTrain – North Station House

New Development Applications in 2019

If the trend over the past 3 years is any indication, 2019 could be another strong year for development applications in City Centre. Many projects are known to be in the planning stages, but yet to submit applications. Will 2019 see a continued surge in development applications, a levelling off, or a slow down compared to 2018? We shall see over the next 12 months.

For more info on all active development applications in City Centre:

https://urbansurrey.com/surrey-city-centre-active-projects/

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