Surrey: fastest-growing B.C. city to become future core of the Lower Mainland
The city's serves as the anchor for the entire South Fraser region, and soon, maybe, for the entirety of Greater Vancouver
Vancouver’s booming suburb to the southwest won’t be a suburb for much longer. Within the next decade Surrey will overtake Vancouver as B.C.’s largest city. Around 10,000 new residents move to Surrey each year, and the entire South Fraser region – which includes Langley and Abbotsford – is projected to absorb 70% of the entire region’s population growth over the next 25 years. South Surrey/White Rock is separated by farmland from the rest of the city, and is a focus for new single-family homes and townhouse construction. Newton is the heart of Surrey’s South Asian community, while Guildford and Fleetwood are more traditionally suburban in character. Cloverdale to the west has a rural flavour on the Langley border. And then there is Surrey’s new downtown, Surrey City Centre, where the 52-storey 3 Civic Plaza hotel and condo tower completes this year, and an eight-building medical-technology office hub is under construction, along with multi-family condominium projects.
Information obtained from Westerninvestor.com
http://www.westerninvestor.com/where-to-invest/surrey-fastest-growing-b-c-city-to-become-future-core-of-the-lower-mainland-1.19938186