Surrey Business News

Surrey’s Residentia­l Building Sector

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Confidence in the residentia­l constructi­on sector remains strong in Surrey as more than $808 million in housing developmen­ts were given approval to proceed by Surrey City Council at a September meeting. More approvals followed in other Council meetings.

Developmen­t projects given approval to proceed include the following:

• 2 high-rise residentia­l towers (45 and 39-storeys) and 11-storey mid-rise rental building

• 32-storey residentia­l apartment building

• 26-storey market condo and 21-storey rental apartment building

• 13-story rental apartment building and 16-storey market apartment building

• 7 apartment buildings of up to 6-storeys and 55 townhouse units

• Seven, 5 to 6-storey apartment buildings

• 6-storey mixed-use building comprised of 30 market and 70 non-market rental units

• 39 live/work residentia­l townhomes

This latest round of developmen­t approvals comes on the heels of nearly $700 million in building projects approved by Council this past July.

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