Development in Surrey

Metro Vancouver’s Fastest-Growing City • Transit Expansion • Strategic Urban Centres

Surrey is undergoing one of the largest periods of growth and urban transformation in Western Canada. As Metro Vancouver’s second-largest city by population—and soon to become the largest—Surrey continues to attract residents, investments, and large-scale redevelopment at an unprecedented pace. Supported by multiple City Centres, major transit investments, and an ambitious Official Community Plan, Surrey has established itself as one of the most influential markets for development and real estate opportunity in the region.

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Surrey’s Growth Is Shaping the Future of Metro Vancouver

Driven by rapid population increases, strong migration, and a diverse housing economy, Surrey stands out as the region’s leading centre for:

  • High-rise and mid-rise development
  • Master-planned communities
  • Employment and commercial growth
  • Transit-oriented development (TOD)
  • Affordable housing alternatives relative to Vancouver and Burnaby

With new SkyTrain expansions, a modernized planning framework, and multi-billion-dollar private investment flowing into the city, Surrey is positioned for long-term, sustainable growth.

Surrey City Centre: The Region’s Next Major Downtown

Surrey City Centre has shifted from a suburban node into a true Downtown core, with extensive high-rise development and a growing mix of:

  • Residential towers
  • Office and commercial hubs
  • University and health institutions
  • Civic amenities and cultural spaces

Key Drivers of Surrey City Centre’s Rise:

  • SkyTrain (Expo Line) access and upcoming extensions
  • Simon Fraser University & Kwantlen Polytechnic campuses
  • Surrey Memorial Hospital expansion
  • Massive multi-phase high-rise projects from major developers
  • A walkable grid with strong retail and mixed-use growth

Surrey City Centre is one of BC’s hottest pre-sale and high-rise markets, setting the stage for continued density and upward pricing pressure.

Surrey City Centre

The Region’s Next Major Downtown

Surrey City Centre has shifted from a suburban node into a true Downtown core, with extensive high-rise development and a growing mix of:

  • Residential towers
  • Office and commercial hubs
  • University and health institutions
  • Civic amenities and cultural spaces

Key Drivers of Surrey City Centre’s Rise:

  • SkyTrain (Expo Line) access and upcoming extensions
  • Simon Fraser University & Kwantlen Polytechnic campuses
  • Surrey Memorial Hospital expansion
  • Massive multi-phase high-rise projects from major developers
  • A walkable grid with strong retail and mixed-use growth

Surrey City Centre is one of BC’s hottest pre-sale and high-rise markets, setting the stage for continued density and upward pricing pressure.

Fleetwood

The First Beneficiary of the New SkyTrain Extension

Fleetwood is set to transform into a major transit village as the Surrey–Langley SkyTrain extension adds several new stations throughout the community.

What’s Driving Development in Fleetwood

  • Brand-new SkyTrain stations and TOD areas
  • Updated Fleetwood Plan supporting mid-rise and mixed-use housing
  • Increased demand for townhomes and condos
  • Redevelopment interest along Fraser Highway and 152 Street corridors

With servicing, transit infrastructure, and OCP-backed planning in place, Fleetwood is expected to see substantial uplift in land values and density potential.

Guildford

A Well-Connected Urban Node with Strong Retail Anchors

Guildford benefits from strong transportation access and a major commercial hub anchored by Guildford Town Centre.

Guildford Development Highlights

  • Excellent access to Highway 1
  • Large-scale retail and employment density
  • Steady demand for multi-family housing and rentals
  • Redevelopment opportunities within the Guildford +104 Avenue Corridor Plan

Guildford continues to attract investors looking for stable, long-term opportunities with strong rental fundamentals.

South Surrey & Grandview Heights

The First Beneficiary of the New SkyTrain Extension

South Surrey remains one of the Fraser Valley’s most desirable residential markets, fueled by:

  • Master-planned neighbourhoods
  • High-end single-family and townhome development
  • Strong school catchments and recreation amenities
  • Proximity to White Rock, beaches, golf, and cross-border access

Grandview Heights, in particular, has become a flagship for family-oriented, modern suburban design—offering consistent absorption and premium pricing.

Newton & Cloverdale

Emerging Corridors With Strategic Redevelopment Potential

These two established communities offer attractive opportunities for:

  • Townhome development
  • Mixed-use nodes
  • Rental housing
  • Infill redevelopment on large lots

Both Newton and Cloverdale are expected to evolve with future OCP updates, increased transit planning, and population-driven demand.

Surrey’s Official Community Plan: A Framework for Long-Term Urban Growth

Surrey’s OCP lays out a comprehensive, long-term vision guided by:

  • Transit-oriented development
  • Complete, walkable communities
  • Increased housing diversity
  • Balanced employment and residential density
  • Revitalized commercial corridors

Supported by ongoing local area plans, neighbourhood concept plans, and corridor strategies, Surrey remains one of BC’s most predictable and supportive environments for development planning.

SkyTrain: Surrey’s Largest Catalyst for Redevelopment

The Surrey–Langley SkyTrain extension is transforming Surrey’s development landscape.

Expected Market Impacts

  • Higher land values near station catchments
  • Increased interest in land assemblies
  • Larger mixed-use proposals along Fraser Highway
  • Strong absorption in pre-sale and rental markets
  • Intensification of all Surrey City Centre projects

Transit-driven planning is shaping Surrey’s next decade of growth—and developers who position early will benefit most.

Why Surrey Is One of BC’s Most Strategic Markets

Surrey offers unmatched advantages:

  • A young, fast-growing population
  • Massive transit and infrastructure investment
  • Strong employment and business growth
  • Multiple urban centres instead of one core
  • Affordable entry relative to Vancouver
  • A development-friendly planning framework

From pre-sale high-rises to townhomes, rental buildings, land assemblies, and commercial centres, Surrey provides opportunity at every level of the real estate market.

Work With A Team That Understands Surrey's Development Landscape

The Pontaletta Group brings deep expertise in:

  • Development sites and redevelopment land
  • OCP interpretations, zoning, and planning strategy
  • Pre-sale and multi-family market trends
  • Off-market opportunities & land assemblies
  • Guiding homeowners through the redevelopment process

Whether you're a developer seeking your next project, an investor exploring long-term opportunities, or a homeowner wondering about the potential of your property—our team can provide the insights, connections, and strategy needed to make confident decisions.

Ready to Explore Surrey Development Opportunities?

Contact The Pontaletta Group to:

  • Review OCP & land-use potential
  • Analyze property redevelopment value
  • Identify high-potential assembly areas
  • Learn how SkyTrain will impact your neighbourhood
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