In
a mostly rural area of $1-million homes on one-acre lots, planners are
considering proposals for 2,400 units ranging from one-bedroom condos
to luxury townhouses and single-family homes, to be built over the next
three years.
Housing
could be joined by a 400,000-sq.-ft. upscale shopping area -- similar
to West Vancouver's Village at Park Royal -- and "tamed" big-box stores
such as Wal-Mart, Surrey planner Nicholas Lai said in a release.
Citing
restricted surface parking and high standards of design and
architecture, Lai said: "You will probably see the most beautiful,
well-designed Wal-Mart in the whole of the Lower Mainland."
Other stores in the mix include Home Depot and Real Canadian Superstore.
"Over
the years there has been quite a pent-up demand in south Surrey for
commercial and multi-family development," Laid said. "That's why you
have got a development of this magnitude in a relatively short period
of time. But it will be development on a human scale."
Morgan
Heights straddles about 79 hectares (196 acres) bounded by the Highway
99 corridor to the west, 28th Avenue to the south, and 164th Street to
the east.
The
first residential phase of 121 units at the Morgan, a $100-million
condo development in two buildings at 26th Avenue and 160th Street,
sold out in advance of the official opening, Richard Wittstock,
vice-president of Amacon, said Monday. The second phase will be
released May 12, four months ahead of schedule.
Wittstock
said what excites city planners and community groups -- the
Neighbourhood Community Plan received 79 per cent support at a public
hearing -- is the concept of sustainable living with medium and high
density housing within walking distance of shops and services.
"It's
going to be a very vibrant community where people can live and walk to
their shopping and all of their services without having to jump in the
car for a quart of milk," Wittstock said in an interview.
Larco
Investments, owner of West Vancouver's Park Royal Shopping Centre, has
applied to build a "lifestyle village" on about 11 hectares (28 acres)
at Highway 99 and 24th Avenue.
"What
excites us is that there are lots of million-dollar homes here, yet it
is the fastest-growing area of Surrey," Larco development director Art
Phillips said in a release. "If you look at the demographics, the
opportunities for a lifestyle village similar to the one at Park Royal
are very strong."
Larco
is also building 457 residential units. Other developers at Morgan
Heights include Intracorp (464 units), Polygon (327 units), and Pacific
Rim (120 units). In addition, nearby land is being parcelled into about
500 lots for single-family housing.
While
Morgan Heights is about sustainability -- getting people out of their
cars and reducing carbon dioxide emissions -- Lai said it is also about
affordability.
"This
is the first time in this beautiful area of south Surrey where young
people starting out, or families, or retired couples, can afford to
buy."
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High density the new destiny for south Surrey
This
model shows The Morgan, a residential component of the huge development
planned for south Surrey's Morgan Heights. The Morgan, a $100-million
development by Amacon, will feature 242 apartments within two
four-storey buildings.
Morgan Heights by the numbers
$1.5 billion Overall cost of development
5,400 People expected to live in the planned community
2,400 Residential units planned
3 years Time frame for construction
Developers involved: Amacon, Intracorp, Larco, Polygon, Pacific Rim
Developers
are lining up with more than $1.5 billion worth of multi-family housing
projects for a planned community of 5,400 people in south Surrey's
Morgan Heights.