Surrey/South Fraser Updates - Page 178

SpongeG · #**3541** Posted **Oct 12, 2022, 6:47 AM**

that building on 104th has been having some work done, there are now some new walls inside on the second level. Some other stuff seems to be going on and there lights on inside at night now.

cairnstone · #**3542** Posted **Oct 12, 2022, 5:12 PM**

Quote:

Originally Posted by SpongeG

that building on 104th has been having some work done, there are now some new walls inside on the second level. Some other stuff seems to be going on and there lights on inside at night now.

I believe it was sold back in the spring. So it may finally turn into something. It’s only been roughly 20 years its been under construction

SpongeG · #**3543** Posted **Oct 13, 2022, 7:05 AM**

yea the new owner said it was 100% leased way back in the spring and that a brand new high-end grocery store was moving in and some kind of sports place was going to open and some government offices etc. And then nothing happened for months. Then all the banners changed from saying 100% leased to For lease, seeming all that was announced wasn't going to happen. Some of the places were supposed to open in the summer of 2022. At least it's got something happening now.

e-clam9 · #**3544** Posted **Oct 14, 2022, 12:56 AM**

IMF said Canada may go into a recession soon. Is that why ?? Let's hope for world peace, low inflation, and low interest rate again.... The world economy needs that.

Westbased · #**3545** Posted **Oct 14, 2022, 2:25 AM**

Unfortunately it can't always be low rates and money printing.

Next 18-24 months will be shaky - mortgage rates will be ~6% by end of year.

SpongeG · #**3546** Posted **Oct 14, 2022, 6:54 AM**

I drove past a couple times today, there is a structure being built on the plaza, looks like a temporary construction type building. Lights are on, inside, you can see that office spaces are coming along.

Equinox71 · #**3547** Posted **Oct 21, 2022, 4:39 AM**

Not sure if this has been posted somewhere yet, but came across this for the high-rise planned for where the carwash was at 104th and 138a Ave. The name of the project is Juno. See for yourselves:

https://www.streetsidebc.com/projects/juno/

officedweller · #**3548** Posted **Oct 21, 2022, 8:16 AM**

Quote:

Originally Posted by Equinox71

Not sure if this has been posted somewhere yet, but came across this for the high-rise planned for where the carwash was at 104th and 138a Ave. The name of the project is Juno. See for yourselves:

https://www.streetsidebc.com/projects/juno/

Looks good, thanks.

https://www.streetsidebc.com/projects/juno/

Greetingsfromcanada · #**3549** Posted **Nov 9, 2022, 12:14 AM**

Google maps recently updated a lot of metro van. Whalley is only from a couple weeks ago now

cairnstone · #**3550** Posted **Nov 9, 2022, 6:35 PM**

Quote:

Originally Posted by Westbased

Unfortunately it can't always be low rates and money printing.

Next 18-24 months will be shaky - mortgage rates will be ~6% by end of year.

This is all cause and effect. Globally Central banks lowered interest rates to low at the beginning of covid and left them low to long causing a surge of upside down mortgages as money was free. Now Interest has to go back up to 4 to 5 % which is still low interest. Let the banks eat their bad loans

mcj · #**3551** Posted **Nov 9, 2022, 7:01 PM**

Quote:

Originally Posted by Greetingsfromcanada

Google maps recently updated a lot of metro van. Whalley is only from a couple weeks ago now

Are you referring to streetview? Mapview is still showing years old images for Surrey & New West.

Greetingsfromcanada · #**3552** Posted **Nov 10, 2022, 4:13 AM**

Quote:

Originally Posted by mcj

Are you referring to streetview? Mapview is still showing years old images for Surrey & New West.

No way. At least in the app, it's brand new

Changing City · #**3553** Posted **Nov 10, 2022, 5:43 AM**

Quote:

Originally Posted by Greetingsfromcanada

No way. At least in the app, it's brand new

That's not the view they give you on the browser version though. (At least, not yet).

mcj · #**3554** Posted **Nov 14, 2022, 8:34 PM**

Quote:

Originally Posted by Changing City

That's not the view they give you on the browser version though. (At least, not yet).

Yeah was looking on browser views myself. Good to know that the app views are updated though!

jlove390 · #**3555** Posted **Nov 15, 2022, 12:54 AM**

Construction begins on 23-storey office tower next to Surrey Memorial Hospital (City Centre 4)

https://dailyhive.com/vancouver/city...rey-lark-group

Metro-One · #**3556** Posted **Nov 15, 2022, 1:09 AM**

Okay... so odd how we hear about some tower projects for what seems like a decade with no movement, and then a similar sized office tower just starts from what seems thin air...

Changing City · #**3557** Posted **Nov 15, 2022, 1:33 AM**

Quote:

Originally Posted by Metro-One

Okay... so odd how we hear about some tower projects for what seems like a decade with no movement, and then a similar sized office tower just starts from what seems thin air...

It's was submitted at the end of last year, and it's not all office - there is also lab space. But they have moved quickly, no doubt maintaining momentum from the success of selling / leasing their third building. It's good to finally have office space under construction in Surrey - there was none in Q2 2022.

EhJay · #**3558** Posted **Nov 15, 2022, 1:52 AM**

Any chance at a new thread for Building 4?

Flynn86 · #**3559** Posted **Nov 15, 2022, 2:23 AM**

https://dailyhive.com/vancouver/city...rey-lark-group came across this today

officedweller · #**3560** Posted **Nov 15, 2022, 2:30 AM**

Quote:

Originally Posted by jlove390

Construction begins on 23-storey office tower next to Surrey Memorial Hospital (City Centre 4)

https://dailyhive.com/vancouver/city...rey-lark-group

Tower 4 in foreground, Tower 5 in background:

https://dailyhive.com/vancouver/city...rey-lark-group