For Sale > Transit-Oriented Development Opportunity in Surrey's City Centre

13418 & 13428 108 Avenue, Surrey

Land or Development Site For Sale

For Sale
Building Area : 20,953.00 SF

Description

Located on 108 Avenue between University Drive and King George Boulevard, the site offers favorable access and positioning for redevelopment. Located across from Gateway SkyTrain Station, Station Tower, and Gateway Place (Bosa Properties), 13418 & 13428 108 Avenue is poised to benefit from neighbouring commercial and multifamily developments.

13418 & 13428 108 Avenue are located within the Central Business District. The OCP guidelines provide an increase in density up to 5.5 FSR for a mixed use development to include residential and commercial uses. Residential and Commercial demand in Surrey’s City Centre continues at an all-time high with limited new-supply and increasing rents, representing an excellent redevelopment opportunity.

This parcel will be sold by the court, and all offers will be subject to court approval.

A court date has been set for June 8, 2017 at 9:00am at the Law Courts located at:

Begbie Square
651 Carnarvon Street
New Westminster, BC
V3M 1C9

Please direct any questions towards the listing brokers.

Features

  • 20,953 SF site comprising 2 lots within 25 metres from Gateway SkyTrain Station
  • Located in Surrey's City Centre offering a maximum 5.5 FSR
  • Rezoning potential for high-density residential with commercial as per Official Community Plan
  • 140 ft of frontage along 108th Avenue
  • Opportunity to capitalize on strong demand for transit-oriented residential product

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