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PCI Development - Surrey Centre Project
Transcript of PCI Development - Surrey Centre Project
DCCs Reduced by 30%
Deferred DCC payments
Building permit fees reduced by 50%
Density-bonus waived SHOULD PCI SPEC A 100,000 SF? Jason works here Rob works here Surrey Office Market Overview
3.5 million square feet
3.4% vacancy rate
Average annual absorbtion - 187,000 square feet
2011 absorbtion - 67,000 square feet - so far Competitive Product Future Projects
1. Scott Road Project
2. Gateway Office Park
3. Civic Centre Project
4. Surrey Healthcare Centre
6. 9677 King George Blvd. Current Projects
1. Station Tower
2. Central City
3. Benchmark Business Centre I & II population expected to surpass Vancouver by 2030 YES