Tag: King George Hub

King George Hub ‘Phase C’ heads to Council

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PCI Developments is moving ahead with the next phase of its master-planned King George Hub development at King George Station. Following the success of ‘Phase B’ which is currently under construction, ‘Phase C’ will add a 34-storey rental apartment tower with ground floor retail to the site just east of the completed Coast Capital Savings headquarters (Phase A).

Originally planned to be an office tower site, ‘Phase C’ is to include 371 residential units, above 9,322 SF of ground floor retail. Phase C will complete the northern street edge of the internal road on site known as ‘George Junction’, as well as the Coast Capital Plaza next to Phase A. The completed plaza is intended to allow for retailer displays and seating, while serving as a direct pedestrian connection through the Hub development to King George Station.

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‘Phase C’ shown behind the existing Coast Capital Savings headquarters and to the left of currently under construction ‘Phase B’
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View of ‘Phase C’ from King George Blvd
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View of ‘Phase C’ from the east looking towards King George Station
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View of Coast Capital Plaza between Phase A and C – connecting Hub to King George Station

In terms of architecture, the tower’s design references the pair of 29 & 40-storey residential towers currently under construction as part of Phase B, with a similar wide rectangular floor plate, and prominent canopy at the top of the tower. Phase C differs however with a more ‘playful’ design, featuring shifting coloured balconies every other floor for visual interest, and a light grey window wall running down the narrow north and south sides of the tower. Punctuated black-framed windows and white paneling cover the wider east and west facades.

The retail podium of the tower also aims create visual interest and promote a human-scale environment through varied heights and materials used for each of the retail units. This reinforces a small-scale retail rhythm along the street for a comfortable and pleasant pedestrian experience.

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Punctuated windows and varied coloured balconies along east and west facades
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View from east towards King George Station
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Retail fronting Coast Capital Plaza between ‘Phase C’ and Coast Capital Savings headquarters
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View facing west of retail along George Junction – featuring varied materials and podium heights

Phase C marks the second to last phase of King George Hub – to be followed by Phase D on the remaining lands on the east end of the site. Phase D is expected to include up to 3 additional towers, bringing the total number of towers within King George Hub to 9. While it is unclear when Phase D will move forward, Phase C is expected to begin construction by next year, with occupancy targeted for summer 2022.

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King George Hub lands with ‘Phase C’ site in green and future ‘Phase D’ site to the east
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North elevation view of Phases A-C
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East elevation view of Phase A-C

For more on Phase C of King George Hub: https://www.surrey.ca/bylawsandcouncillibrary/PLR_7918-0095-00.pdf

Application submitted for King George Hub ‘Phase C’

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King George Hub Phasing Plan

A development application has been submitted for Phase ‘C’ of PCI Group’s ‘King George Hub’ at Fraser Hwy & King George Blvd next to King George Station. Details of the application indicate that Phase ‘C’ will consist of a single 34-storey mixed-use tower just to the east of Phase ‘A’ – the landmark 10-storey Coast Capital Savings headquarters built in 2014. No renderings of the tower have been released at this time, but the project is proposed to contain 363 residential units above 10,000 sq.ft. of ground-level retail.

With the application just submitted, it is expected that Phase ‘C’ will not likely begin construction until around 2020/21, around the time when Phase ‘B’ reaches completion. It could however be fast-tracked to begin sooner, given the strong response for Phase ‘B’ – which sold out both its residential towers in a matter of days. Phase ‘B’ is set to begin construction in the coming months, and will contain 29 & 40-storey residential towers, a 15-storey office tower, a 2-storey (9,376 sq.ft.) standalone restaurant next to the Coast Capital Savings Headquarters, and 112,535 sq.ft. of retail.

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King George Hub Phases A & B – Facing North-West
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King George Hub Phases A & B – Facing North-East
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King George Hub Phase A & B – View North from King George Blvd
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View South of Phase ‘B’ Retail Plaza
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View South of Phase ‘B’ Retail Plaza
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41st floor residential rooftop amenity area – Phase ‘B’

Following Phase ‘C’ will be the final phase of King George Hub – Phase ‘D’. No details of Phase ‘D’ have been released yet, but this last piece of the site at the corner of Fraser Hwy and Whalley Blvd is expected to add 2-3 more residential towers above retail. Full buildout of all phases is expected to be complete around 2025, and will be accompanied by numerous other surrounding projects – also expected to complete within that timeframe.

For more on King George Hub:
http://kinggeorgehub.com/

King George Hub ‘Phase B’ sells out

toavy4nPCI Development’s King George Hub project has officially sold out both residential towers within Phase B of the project. The 40-storey tower first went to market in October, quickly selling out, followed by the 29-storey tower in November. Phase B will also include a 15-storey office tower, 2-storey stand-alone restaurant, as well as over 100,000 sq.ft. of retail space integrated with a plaza.

According to the King George Hub Sales Team, over 12,000 people registered as interested purchasers for the 738 units. Given this unprecedented demand for a condo project in Surrey City Centre, units were allocated through a lottery system. Of those units sold:

  • 697 were purchased by local residents
  • 1 in 4 were first-time home buyers
  • 65% of buyers currently live within 20km
  • 30% of buyers currently live in Vancouver

wso3bz1With the success of King George Hub selling out so quickly, PCI developments has indicated that they are now moving forward with plans for Phase C of the project, which should include 1 additional residential tower to the east of the existing Coast Capital Savings headquarters. A future Phase D is set to follow that with space for up to 3 more towers, however detailed plans for both sites have yet to be finalized or released.

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Plan showing King George Hub Phasing – Future phases C & D to the north and east of Phase B

With sales now complete, and final approval in place, it is expected that Phase B of King George Hub will begin construction by Spring 2018. This should be joined by Concord Pacific’s 42-storey Park Boulevard project just north of King George Station around the same time, making for 4 new towers starting construction within the area immediately surrounding King George Station. For more on King George Hub:

http://kinggeorgehub.com