Surrey Updates

[rpvan]

Originally Posted by Equinox71

Interesting! With Ledgeview, Briza, and the recently completed Camellia, the section of 132nd between 104th and KGB seems to be undergoing a gradual transformation. This project would certainly cement that trend.

Lots of development on 104th west of KGB. Nothing to the east though. I remember seeing development rumblings in the past couple years, wonder what's happened.

[dferch]

There are a few projects coming, just still in the planning phase

[Equinox71]

Originally Posted by rpvan

Lots of development on 104th west of KGB. Nothing to the east though. I remember seeing development rumblings in the past couple years, wonder what's happened.

I think that when Ascent starts construction, you might see that start some momentum in that area.

[Cypherus]

Great news about Tien Sher's Flamingo selling out in one weekend. Thought I would never see this rise. The next phase (including the taller tower) is being moved up to presales in early 2022.



https://www.westerninvestor.com/british-...s-pre-selling-out-in-record-time-4795074

[rpvan]

Originally Posted by Equinox71

I think that when Ascent starts construction, you might see that start some momentum in that area.

As of July 2021, construction is slated to be complete on Ascent by 2024.

The project must be delayed given it hasn't even broken ground yet.

[SpongeG]

Originally Posted by rpvan

Lots of development on 104th west of KGB. Nothing to the east though. I remember seeing development rumblings in the past couple years, wonder what's happened.

there is a proposal for two towers just east behind the London Drugs and a block east of that behind the Texx Burger is a proposal for 4 towers.

The Flamingo is sold out and should start soon if it is to complete by 2025.

There are 4 developments for 108th, 2 are underway, Q5 is well underway, across the street is another 6 storey development which has cleared its site and starting to dig, and than at 140th there are two more 6 storey developnents, viktor living is two buildings and is sold out, there is one kitty corner from it which I don't think is sold out yet. There are also numerous proposal signs in the grosevnor and 108th areas for more 6 storeys and some townhouse developments.

[Sheba]

Proposed building heights spur controversy in plan to revitalize Ladner waterfront

A proposal to revitalize Ladner Village is being met with resistance from some residents who say the City of Delta wants buildings that are too tall for the area.

Delta has been working on a plan to “reactivate” the waterfront for several years, and according to Coun. Dylan Kruger, it has the support of 65 per cent of residents, along with the Delta Chamber of Commerce and Ladner Business Association.

“As you see the waterfront today, most of it is inaccessible. It’s fenced off, there’s older buildings and debris that are actually (preventing) the ability of residents to access the water,” he told Global News.

“This plan is really about finally restoring access to the water, bringing connection by expanding our open space, expanding our park space, new waterfront trails that can be incorporated into the dike system, and more businesses as well, bringing people down here with more coffee shops and restaurants.”

Most of what Kruger is pitching is uncontroversial. He was vice-chair of the Ladner Village Renewal Committee.

But there’s one element of the plan that a group of residents oppose: the allowance of several six-storey buildings in the Ladner Village.

Brian Webb with Ladner Village Concerned Citizens said he supports revitalizing and densifying the village. He likes parts of the plan aimed at heritage preservation and improving waterfront access.

However, Webb’s group has collected 600 signatures on a petition opposing the proposal, which they plan to present to Delta council on Tuesday.

“It’s simply saying six storeys, we think is too high. Four is acceptable,” Webb said.

“We’ve seen developments that are way too high in places like White Rock, but if you go to the village of Steveston I think the max in some of the areas there is four and it looks great. It’s a vibrant waterfront, it’s still a historical nature, and it’s still got that really cool village feel to it.”

Webb argued that six-storey buildings would be out of scale and character with the village, and would cast significant shadows.

He said the group is also worried about the strain on public infrastructure in adding so many new residents to the village.

Kruger understands residents’ concerns, but says independent experts told the city the plan wouldn’t be economically viable without some six-storey developments.

“In fact, the vast majority of Ladner Village would stay in that three- to four-storey range, but there were some parcels that were identified for up to six because that was what was determined to be necessary in order to achieve revitalization.

“We can have a great plan on paper, but unless somebody actually comes in to build it, nothing actually happens. Developers aren’t going to come in and lose money on a piece of land.”

Kruger said the key issue is ground stability. Developers can’t build underground parking.

That means up to two storeys of a project will need to be dedicated to parking, leaving just two storeys of a four-storey project available to sell or rent.

“It’s about the plan we’ve put in place, which is a compromise (versus) continuing to have stagnation and decline in this area,” he said. “There’s always compromise with change.”

The revitalization plan, if approved, could take up to 20 years to complete.

Delta council will meet Tuesday to debate changing the city’s official community plan to allow up to six-storey residential and commercial buildings in the historic village.

[SpongeG]

that big empty building on 104th and 140th or so, we were driving past it sometime last week and the For Sale signs were being taken down.

Today we drove past and there are big RETAIL AND OFFICE SPACE FOR LEASE banners posted along the fence.

Did it finally get sold? anyone know what the story is now?

[brophy87]

My best guess is it will be used as a film studio again

[jollyburger]

They had an offer back in May.

https://www.surreynowleader.com/news/sur...y-building-vacant-for-two-decades-video/

Cushman still has it on their website for sale $65 million

https://www.cushmanwakefield.com/en/cana...4178-104th-avenue/s120514529s120516018-s

[SpongeG]

what is meant by PROJECT CLOSED?

PROJECT CLOSED
Yorkton on 108th is a proposed luxury condominium development project strategically located in the bustling City Centre of Surrey, BC.

The subject land parcel is currently in the pre-development stages. Two 6 storey wood frame buildings are planned for the site with approximately 197 total units starting from the $300,000’s. Proposed unit sizes are 1-bedroom, 2-bedroom, and 2-bedroom plus den.

The project is located within the Surrey City Centre Official Community Plan (OCP) subject area with nearby amenities including Guildford Town Centre, Guildford Park Secondary School, Surrey Memorial Hospital, and Central City Shopping Centre.

Limited partnership subscription opportunities are currently available for this project which is marketed by Cape Cove Financial Management Inc., an exempt market dealer.

Note: The images shown are artist renderings of the proposed design, and are subject to change.

https://www.yorktongroup.com/portfolio/yorkton-108/

[Changing City]

Originally Posted by SpongeG

what is meant by PROJECT CLOSED?

It appears to be a reference to successfully raising the finance for the project to proceed. That's apparently what Yorkton, who are based in Edmonton, do. If you look at another Surrey project, that is called Yorkton Place on their website, it says 'PROJECT CLOSED' as well.

The Yorkton Place land development project was sold to another developer approximately 16 months after start up, with a substantial profit achieved.

All Yorkton Place investors received a very good return on their investments. The project is now closed.

Yorkton Group would like to sincerely thank all the investors who participated, and we welcome them to join us again for future projects!

[SpongeG]

ok thanks

[ArmoredinRed]

Some new exciting updates, courtesy of Shift and the January City Centre update. Thanks, Shift!

19 - 0234 | Neon @ West Village
Address: 133A St at 103A Ave
Proposal: 43-Storey Residential (490 Units)
Developer: WestStone Group
Architect: Bingham + Hill Architects
Expected Completion: 2026-2027

[EhJay]

Oh another building with lights for night! Hopefully it works better than Park West and Park Boulevards.

[officedweller]

The differnce between the green and the blue balcony glass won't be as noticeable as rendered, if the King george Hub towers are any indication.

[SpongeG]

ascent on Whalley Blvd near 104th has equipment on-site and is now underway with site prep I assume. It's starting!

[SpongeG]

the craze has hit surrey, It was listed for $798,000. A townhouse in Fleetwood.

Photos: Surrey townhouse gets 120 showings, 36 bids and sells over asking for $1,108,000

https://www.straight.com/news/photos-sur...6-bids-and-sells-over-asking-for-1108000

[GMasterAres]

Oooo look at that forest around the tower that will not exist...

[vanman]

That is classic developer marketing. They use pictures of the same serene forest that they clearcut to make way for their development. Sometimes they even name the development after the trees they've razed too.