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- LoopNet Team
6396 King George Blvd
Surrey, BC V3W 4Z4
*NEW PRICING - BRING YOUR OFFER* · Land For Sale
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2.17 AC
INVESTMENT HIGHLIGHTS
- Future BRT Busloop/TOA Consideration
- Surrey relaxing DCC requirements
- 3rd Reading Approved Jan 13, 2025
PROPERTY FACTS
DESCRIPTION
The project at 6396 King George Blvd & 64th Avenue in Surrey BC presents an excellent opportunity to acquire an entitled mixed-use development project designed by the esteemed Flat Architecture firm. Situated on 2.17 acres backing onto Reedville & Market Creeks, the development features 3rd reading entitlements on a wood-framed project with 282 residential condo units. In addition to condos, the development includes 16 commercial retail units; a rare offering for end-users of service-based businesses. In addition, TransLink's Bus Rapid Transit (BRT) project along King George Boulevard is set to transform Surrey’s landscape. The 12-station route, from Surrey Central to Semiahmoo Town Centre, promises to revolutionize commuting. The BRT will slash end-to-end travel time by 40% with the new Bus Loop station proposed across the intersection of King George Blvd & 64th Ave. This enhanced connectivity will serve approximately 130,000 residents and 60,000 jobs within walking distance of the BRT stations, catalyzing demand for both residential and commercial real estate. Given Surrey's projected growth to one million residents within the next two decades, the Subject Site is well positioned to take advantage.
