It would appear a new hotel/convention centre/office/condominium complex is in the works for Surrey City Centre, in addition to the long-rumoured SFU dormitory just to the south. I didn't read the documents too closely, but it would appear that SFU is somehow involved. There are repeated references to the MOU between the two parties. If this actually happens, SFU would benefit from the conference facilities, and the city would benefit enormously from having a downtown hotel that isn't an eyesore.
It's nice to see some height here (33 floors), as well as the fact that the city is going for a mixed-use model - i.e. using the more profitable residential component to help pay for the (less profitable) office and (riskier) hotel components.
If this progresses, this will also be worth watching to see if the city's modus operandi of intervening directly in the market by developing a profit-oriented building (as opposed to the civic facilities) actually pays dividends. Since the city itself is involved, I'd also expect some higher-quality architecture in later renderings - though I do like the fact that what's there at present at least appears to meet the street nicely.
Anyone familiar with this project who can weigh in on how far along it is, the chances of it going forward, etc.? I'm looking at you, paradigm4 and whalleyboy.
Concept rendering:
Project Summary:
The project in question is distinguished here from the proposed SFU dorm:
Site photo:
Site map:
Schedule:
Rendering of proposed SFU student dormitory just to the south you've likely already seen:
Note: The document is entitled "SFU Redidence," so it's a little hard to take 100% seriously. I'm guessing the project is in a very early planning stage.
There's some other stuff of interest here as well. Here's a shot I think I've seen elsewhere of the city-owned property on 104th:
Source:
http://www.scribd.com/doc/59218393/Sfu-Residence-Project-Eng