Surrey, Langley and East Van among development hotspots in Metro Vancouver

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Surrey, Langley and East Van among development hotspots in Metro Vancouver
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Metro Vancouver housing: So far this year, the most starts have occurred in Coquitlam in the Burquitlam area and near Lougheed Centre.

and near Lougheed Centre, said Eric Bond, economist and senior specialist with Canada Mortgage and Housing Corporation.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

In terms of this year’s starts, there have been 2,690 in the City of Vancouver itself, followed by Coquitlam with 2,496. Surrey and Burnaby are two other busy areas, with 1,630 starts and 1,312, respectively. In Surrey, 245 of the starts have occurred in Surrey City Centre, a high number for such a small area.

Mansour points to the SFU campus already there, as well as expansion plans that include a new medical school. Kwantlen Polytechnic University has announced expansion plans. A 16-kilometre-long extension of the Expo Line to Langley is expected to begin transporting people into Langley Centre in 2028.Article contentOakridge Park will include a new shopping centre, community centre, library branch, and several residential and office towers on the 28.5-acre property.

Scheduled for completion in 2028, the $5 billion shopping centre reboot is the largest single development in the City of Vancouver since Olympic Village. Preparation for what mall owner QuadReal Property Group and developer Westbank are calling Oakridge Park began in 2019. When finished, the 28.5-acre property will include a new shopping centre, community centre, library branch, and several residential and office towers.

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