Surrey
Market Report for Surrey
Current Market Update in the Fraser Valley
Surrey is the fastest growing city in Canada and is also one of the best residential home markets. Developers, construction companies, and contractors have identified Surrey as a great place to build. Surrey City Website
- 42% Residential
- 35% Agricultural
- 13% Commercial
Surrey anticipates that it will produce 200,000 new dwellings, 560,000 residents, and 235,000 new jobs by 2021. The economic spin-offs in terms of suppliers, employment, and servicing suggests a strong market place! Surrey also consists of Cloverdale and White Rock Districts.
City Wide Development
This city covers 132 square Surrey is about the size of Vancouver, Richmond and Burnaby combined! It has a tremendous amount of available land for future growth and development.
Two thirds of Greater Vancouver's developable land lies south of the Fraser River and Surrey contains the best of the reserve.
The City of Parks
Surrey's parks encompass over 3,000 acres, many of which are in their natural state and include:
- ocean parks
- urban parks
- youth parks, Canada's first
- quiet gardens
- a historic farm, a weaving center, and a historic pole barn
There are 1,336 acres of developed parks for active and passive use. Listed below are some of Surrey's larger Parks
- Sunny Acres (Soft Ball City)
20th Avenue and 140th Street - Redwood Park
20th Avenue and 180th Street - Bear Creek Park
King George Highway and 88th Avenue - Tynehead Park
96th Avenue and 167th Street - Green Timbers Park
100 Avenue and 140th Street
Population
As of June 01, 1999, the population of Surrey was estimated to be 321,100. The average annual growth rate is approximately 3.35% with projected population at 435,000 for the year 2006.
Transportation
Roads
Highways 401, 1A, 10, 15, 99, and 99A.
Rail:
Southern Railway of BC, CN Rail, Burlington Northern Railway, and BC Rail.
Public Transit:
The Trans Link service also has three conveniently located Sky Train (rapid transit) Stations in Surrey.
The Sky Train operates between Vancouver and downtown Surrey and the trip takes about 35 minutes.
Air:
Vancouver International Airport (YVR) - just 20 minutes from the South end of the Alex Fraser Bridge.
Water:
Fraser Surrey Docks deep sea port, Fraser River.
International Border Crossing:
Douglas Border, and Peace Arch Border.
Recreational Programs and Services
- 5,000 registered programs used by approximately 2.1 million participants
- 5 ice arenas
- 3 indoor pools
- 3 seniors centers
- 5 youth centers
- 6 community recreations centers
- 402-seat theatre and art gallery
- 14,000 sq. ft. museum and archives
Tourism and Special Events
On May's Victoria Day weekend, Cloverdale's Rodeo and Exhibition offers 150 acres of family-oriented entertainment. This includes agricultural and horticultural exhibits, a western trade show, and community stages. The Cloverdale Rodeo is the second largest rodeo in Canada.
Bear Creek Park comes alive for the Canada Day Celebration on July 1st weekend with concerts, carnival games, and festive foods. A spectacular fireworks display is enjoyed by all who attend!
Surrey - History In Brief
- 1855 - Gold was discovered
- 1860 - Hand logging started along Fraser River
- 1879 - Surrey incorporated as a district
- 1881 - First Town Hall built at Port Elgin
- 1884 - "K de K" started ferry services across Fraser River
- 1904 - Fraser Bridge opened
- 1916 - Surrey's first chief constable was appointed
- 1929 - Surrey Leader newspaper first published
- 1937 - Pattulo Bridge opened
- 1940 - King George Highway officially opened
- 1948 - Surrey Parks Commission established
- 1960 - Port Mann Bridge was opened
- 1962 - New Municipal Hall constructed on No. 10 Highway
- 1993 - Surrey celebrated becoming a city
TODAY
Arts:
Surrey is home to the internationally acclaimed art gallery and state-of-the-art theatre known as the Surrey Arts Centre It is the third largest gallery in British Columbia with exhibits of local and international art. Also the Surrey Arts Centre Theatre.
Education:
The Surrey School District operates 108 public schools - 91 elementary and 17 secondary. There are currently over 54,000 students enrolled. Post Secondary Education can be attained through Kwantlen University College.