Large Format Anchor Opportunities in South Surrey

Transcription

1 Now Lasing Larg Format Anchor Opportunitis in South Surry Location South Surry British Columbia Contact Jack Allprss* David Morris* Michal Hck AVENUE KING GEORGE BOULEVARD Grandviw Hights Aquatic Cntr HIGHWAY 99 (62,095 VPD) 16 AVENUE *Prsonal Ral Estat Corporation

2 Now Lasing Surry, BC Th subjct sit is a rar opportunity to b part of a nw rtail dvlopmnt providing a dominant position to srvic both th xisting population of South Surry and th futur growth ara of Grandviw Hights. Salint Dtails Civic Addrss: Currnt Zoning Traffic Counts Gross Lasabl Ara Parking Accss Timing Availability Oprating Costs Asking Rats (SW Cornr) Rzoning from RA to CD (basd on C-8 and IB-3); Dvlopmnt Prmit to prmit a rtail and businss park dvlopmnt. Highway 99: 62,095 vhicls pr day 16 Avnu: 12,900 vhicls pr day Approximatly 323,200 SF Surfac alls: Approximatly 165 Covrd alls: Approximatly 850 Total alls: Approximatly 1,015 Parking Ratio: 3.5 stalls pr 1,000 SF Intrchang at Highway 99 and 16 Avnu Futur controlld accss on 16 Avnu Q (Estimat) 1,000 SF - 100,000 SF TBD Plas Contact Listing Agnt Markt Ovrviw Grandviw Hights is a thriving up and coming nighbourhood within South Surry. With 2 out of 5 nighbourhood concpt plans approvd, Grandviw Hights has sn a ris in rsidntial, commrcial and industrial dvlopmnt in th ara. Surry s Official Community Plan (OCP) was amndd in 2001 to includ a strong businss dvlopmnt focus and policis to crat a strong and sustainabl local conomy. Grandviw Hights Highway 99 Corridor was idntifid as an attractiv ara for businss, with th ability to achiv th OCP s conomic dvlopmnt targts. Highway 99 and 16 Avnu falls within th Highway 99 Corridor Plan. Th Plan is intndd to furthr strngthn Surry s businss dvlopmnt focus and is xpctd to gnrat approximatly $300 million to $350 million in nw businss proprty assssmnts and hom to ovr 6,000 nw jobs. Highlights Surry is on of th fastst growing citis in Canada with a population of 534,720 (2017) and is xpctd to grow an additional 7.5% by 2021 Ovr 4,200 units of nw rsidntial dvlopmnt wr accountd for in Surry at th nd of 2016 and alrady 2,500 units by th nd of May 2017 South Surry is th most afflunt ara of Surry with an avrag houshold incom of $114,557 surpassing Surry s avrag houshold incom of $101,850 and BC s provincial avrag of $89,340 Convnint connctions to th Unitd ats through Pach Arch and Pacific Highway bordr crossing via Highway 99 Surry s rapid growth still continus to provid affordabl housing prics compard to othr citis such as Vancouvr, Richmond and Burnaby 02

3 Now Lasing Surry, BC Fast Facts Primary Trad Ara Population 93, AVENUE 8 8 Clos Proximity to th US Bordr KING GEORGE BOULEVARD HIGHWAY 99 (62,095 VPD) Total Rtail Spac 389,000 SF AVENUE Avrag Houshold Incom Within South Surry $114, Subjct Sit 2. All Dirctional Hwy Intrchang 3. Walmart 4. Thrifty Foods, v Nash Fitnss World, PtSmart, London ugs, Winnrs, Golf Town 5. Suprstor, Shopprs ug Mart, Dollarama, Club Th Hom Dpot, Mark s Work Warhous 7. Southridg School 8. Grandviw Hights Aquatic Cntr 03

4 Now Lasing Surry, BC Lvl 1 Ground Floor - Sit Plan Proposd Right In/ Right Out Futur Signalizd Intsrsction 16TH AVENUE (12,900VPD) Proposd Uncontrolld All Dirction Intrsction HIGHWAY 99 (62,095VPD) 15 Avnu (Proposd Extnsion) 04

5 Now Lasing Surry, BC Lvl 2 - Sit Plan Proposd Right In/ Right Out Futur Signalizd Intsrsction 16TH AVENUE (12,900VPD) Proposd Uncontrolld All Dirction Intrsction HIGHWAY 99 (62, Avnu (Proposd Extnsion) VPD) Futur Rsidntial Dvlopmnt 05

6 Now Lasing Surry, BC Rndrings Arial From Entry Rtail Frontag 06

7 Now Lasing Surry, BC Dvlopmnt Map y A 174 Highway 15 16TH AVENUE (12,900 VPD) 16 Av ,010 1,400 2,130 2, ,200 1,620 MULTIPLE RESIDENTIAL (15 TO 45 UPA) 12 5,050 6,310 7,570 14,140 17,670 21,200 HIGHWAY 99 COMMERCIAL CORRIDOR 7,720 10,010 12,300 20,670 26,770 32, Transition Rsidntial Urban Rsidntial ,739 1,404 d oo ,220 S 603 1B 1, , , A 3, , Av w Rd 177 DARTS HILL PARK REDWOOD PARK TREE MANAGEMENT INTERFACE D) 160A A Av A 166A N A A A 18 Av 13. REDWOOD ESTATES Md 151 Currnt dvlopmnts idntifid on th following pag 38 NCP #3 21A Av Low chool/park ocal Park (2 to 4 AC) High 18 Av URBAN DENSITY CLUSTER FORM Av High Suburban Rsidntial Md VP Low High,0 Md 21 Av 20 Av 2 (6 Low 22 Av 99 POPULATION nkags Subjct Sit Y rnways Av 7 W /H Aldr Pl NCP #4 24 AVENUE 19 Av 18 Av Y 16A Av 39 DWELLING UNITS 16 Av Multipl Rsidntial 07 W H n E do AIN oy L Cr R-B 160 STREET E UV ility Right of Way 42 URBAN DENSITY 9. CLUSTER FORM 21A Av CO A Rd ublic Opn Spac and Park LR Buffr 164 STREET N VA 15 9 h t cb M 18stitutional Av Av 28 Av NCP #5 23 Av 21 Av NCP # A y Hw A vd Bl c la Li lip Pop aighbourhood r Tu 18A Av Commrcial TOTAL 14 ALR BUFFER AND FUTURE STUDY AR SCIENCE OF THE SOUL 28B Av HWY 15 / PACIFIC HWAY 99 b Av Rsidntial (15 to 45 upa) ultipl rg o R 8 G 15 o Br Av No Cu m r 26A Av ng Ki st 23 Av 165 Pl uburban Singl Family Rsidntial Rd d Acrs 165 ly an Cr na ro r ia Av Grandviw Cntral ban Rsidntial (4 A to 15 upa) om 10 9 ansitional Dnsity (2 to 4 upa) Nt Acrs 6 24 Av 23 Av TY OF SURREY DENSITY ASSUMPTIONS 2 r 37 NCP #5A 5. Pl SCIENCE OF THE SOUL 25A Av 4. 29A Av 7 DEVELOPMENT DEPARTMENT adrona Bow lr D r RESIDENTIAL LAND USE 26 Av NCP #1 23A Av ural viw C H i llviw A Grandviw Cornrs 8 163A Av 26B Av 26A Av 162A SOUTH RIDGE SCHOOL 27 A SOUTHRIDGE SCHOOL orth v 27A Av 27 Av 155A v Morgan Crossing 29 Av 27B Av 158 y nl A Av 31 Av od s Wo d ar v 28 Av v ntry Co u ul Bo 28 3 l 31 Av 3 0B A rg lc P 12 4 Viw a in H o G t 11 Moun 3 0 Av ng 27 30B Av 162A Ki 30 Av 170A 31 5 South Point Exchang 162A 1 32 Av 32 AVENUE SUBURBAN SINGLE FAMILY RESIDENTIAL 20. URBAN RESIDENTIAL (4 TO 15 UPA)

8 Now Lasing Surry, BC Currnt Dvlopmnts Compltd & Undrway 1. Th Woods Avnu; 96 Townhoms; Gramrcy 13. Sakura Avnu; 75 units, townhous; Castl- Hill Homs 25. Evolv a rt; 30 unit townhom; Essnc Proprtis 37. Quinn rt; 31 unit townhous; Mortis 2. Th Smith rt; 40 Townhoms; Ikonik Homs 3. Olivr Townhoms rt, 57 Townhoms; Woodbridg Proprtis 4. South Ridg Club Mountain Viw iv & 159 rt; 70 Townhoms; Adra 5. Wstsid at Orchard Grov rt; 50 Townhoms; Miracon 6. Hycroft Avnu; 30 Frhold Rowhoms; rtsid Dvlopmnt 7. MORGAN by MOSAIC 94 units townhous; Mosaic Homs 8. Morgan Crst 28 Avnu & 164 rt; 36 Homs; Bnchmark Homs Ltd. 9. Th Hamptons Avnu; 117 Townhoms; Lgndary Dvlopmnts & Essnc Proprtis 10. Notting Hill Avnu; 49 Townhoms; Royal Proprtis Ltd. 11. Th Hights rt; 66 Condos; Lakwood 12. Hyd Park 28 Avnu & 156 rt; 156 Townhoms; Zntrra 14. Rzon to dvlop approximatly 360 rsidntial units (RM-45) and an assistd living dvlopmnt of approximatly 158,600 SF floor ara 15. Rzoning from RA to RF-12, RF-9 and RF-SD in ordr to allow subdivision into 36 singl family small lots and 2 smi-dtachd rsidntial lots. 16. Rzoning from RA - RF -12 and NCP Amndmnt to prmit th subdivision into 13 rsidntial lots 17. Rzoning from RA to RF-12, RF-10 and RF-SD to allow for subdivision into 19 singl family lots 18. Application to rzon from RA to RF-12 in ordr to subdivid into 14 singl family small lots 19. To prmit rzoning from RA to RF-12 and subdivision into 73 singl family lots 20. Application to rzon a portion from RA to RF-12 and RF for subdivision into 18 singl family lots and crat a parcl for parkland 21. Dvlopmnt Prmit to prmit th dvlopmnt of 6 singl family small lots and 1 rmnant lot. 22. To prmit th dvlopmnt of 25 rsidntial lots 23. Th Estats at Southwood and Morgan Crst 168 & 22 Avnu; 59 singl family homs; Bnchmark Homs 24. Mundi/Hungrford Group; Application anticipatd for townhous + mid-ris rsidntial dvlopmnt 26. Prscott Commons Avnu; 122 units condo; Polygon Homs 27. South Point Walk Phas unit townhous and condo; rtsid Dvlopmnt 28. Old School Avnu; 94 unit townhous; Dawson & Sawyr 29. Zikron rt; 46 unit townhous; Hayr Proprtis 30. Olivia Mountain Viw iv; 37 unit townhous; Woodbridg Proprtis 31. Kitchnr 101 unit townhous; Mosaic Homs 32. Soho 24 Avnu & 163 rt; 170 unit townhous; Zntrra 33. Orchard Park 168 rt & 25 Avnu; 50 unit townhous; rtsid Dvlopmnt 34. Edgwood Gat 21 Avnu & 166 rt; 96 unit singl family hom; Foxridg Homs 35. Hudson 41 unit townhous; Ikonik Homs 36. Orchard Grov 18 unit singl family homs; Ikonik Homs 38. Dawson s Crk Avnu; 80 unit townhous; Dawson & Sawyr 39. South on Avnu; 22 unit townhous; Mortis 40. Rzoning from RA to RF-12, RF-10 and on rmaindr split-zond lot (RF- SD, RF-12 and RF-10).; Dvlopmnt Varianc Prmit to allow subdivision into 18 singl family lots. proposd Lot Rzoning from RA to RF-12, RF-10 and on rmaindr split-zond lot (RF- SD, RF-12 and RF-10).; Dvlopmnt Varianc Prmit to allow subdivision into 18 singl family lots. 42. Rzoning from RA to CD ; Dvlopmnt Prmit to prmit th dvlopmnt of a 183-unit townhous complx 43. Subdivision from four to 58 lots and 1 park lot 44. Pacific Hights 18h Avnu and 168th rt; Approximatly 129 RF-12 and RF lots; Canadian Horizons Total Singl Family Dwllings: 665 Total Townhous Unit: 1,689 Total Multifamily Units: 548 Ovrall Total: 2,902 08

9 Now Lasing Surry, BC USA 16 AVENUE (12,900 VPD) HIGHWAY 99 (62,095 VPD) 2017 Estimats & Projctions Primary Trad Ara 3 KM 5 KM 10 Min Population 93,164 36,067 68,119 63,818 Population Growth % 5.3% 5.6% 6.1% Housholds 39,641 16,006 29,373 29,256 Avrag Houshold Incom $112,050 $97,929 $103,394 $103,049 09

10 Form Ral Estat Advisors Symour rt Vancouvr, BC V6B 5A6 T F All communications and inquiris rlatd to this opportunity, or rqusts for additional information or rqusts rgarding procdurs, must b mad to th Form Rtail Advisors Inc. agnts namd on th first pag. No prsonnl of th Vndor or any of its affiliats should b contactd dirctly undr any circumstanc. Disclaimr: Non of th Vndor, its affiliats, Form Ral Estat Advisors Inc. or any of thir rspctiv rprsntativs maks any rprsntation or warranty, xprss or implid, as to th accuracy or compltnss of th information containd in this documnt, and intrstd partis should conduct thir own indpndnt analysis of th information containd or rfrrd to hrin. Nothing containd in this documnt is, or should b rlid on as, a promis or rprsntation, whthr as to th past or th futur. Th Vndor, its affiliats, Form Ral Estat Advisors Inc. and thir rspctiv rprsntativs ar undr no obligation to accpt any offr mad by any prson or ntity rgarding this opportunity.