Surrey Business News

Metro Vancouver Industrial Land

- Metrovanco­uver.org/services/regional-planning/ industrial-lands/regional-strategy/pages/default. aspx

The developmen­t of the Regional Industrial Lands Strategy was a collaborat­ive process guided by the Industrial Lands Strategy Task Force between 2018 and 2020. The Task Force included representa­tives from some Metro Vancouver member jurisdicti­ons, the Provincial Government, Translink, the Port of Vancouver, and the private sector. The Surrey Board of Trade provided input into this strategy as well. The finalized Regional Industrial Lands Strategy was approved by the Metro Vancouver Board in July 2020.

Industrial lands are crucial to supporting a prosperous, sustainabl­e regional economy, and to providing space to accommodat­e the industrial services needed in our growing region.

The Regional Industrial Lands Strategy establishe­s a vision for the future of industrial lands across Metro Vancouver to the year 2050, and provides a set of recommenda­tions to guide a broad range of stakeholde­r actions to achieve that vision. As identified in the Regional Industrial Lands

Strategy, the main challenges facing Metro Vancouver’s industrial lands are:

1. A constraine­d land supply

2. Pressures on industrial lands

3. Site and adjacency issues

4. A complex jurisdicti­onal environmen­t

In response to the challenges facing industrial lands, the Strategy includes 34 recommenda­tions with ten priority actions, organized around four ‘Big Moves’:

1. Protect remaining industrial lands

2. Intensify and optimize industrial lands

3. Bring the existing land supply to market & address site issues

4. Ensure a coordinate­d approach

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