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The 1.15 acre property has been successfully taken through 3rd reading with the City of Surrey to re-zone it from C-8 Community Commercial to Comprehensive Development Zone Z(CD). Through this process the property has now been approved for a floor area ratio (FAR) of 3.5 times the gross site area or 4.15 FAR of the net site area when setbacks and a dedication of part of the rear subject site are converted to city park land; providing a total buildable area of +/- 177,632 Sq. Ft. Over $400,000 has been spent to date on architechtural plans and re-zoning.
Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.