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First Nations now own 12 casinos in the province, about one-third of the casinos and gambling centres in B.C. That includes casinos in Vancouver, Richmond, Surrey, Coquitlam, Chilliwack, Victoria and Nanaimo.
B.C. was expanding gambling and changing the rules, and First Nations were taking a hard look at establishing casinos, including on their own reserve lands, sometimes against the wishes of nearby municipalities and in conflict with the province.…
Construction sector to remain busy even as new-home delivery slows, says Conference Board
Vancouver's resale housing market is being challenged by persistent unaffordability, economic uncertainty, cooling sales activity and diverging price expectations. That's according to an analysis released Thursday by the Conference Board of Canada, which said …
Secured and unsecured creditors owed a total of $38.9 million
Despite the much-publicized "Condo Day" flash sale held earlier this year, the Belvedere project in Surrey by Square Nine Developments Inc. is now under creditor protection, according to B.C. Supreme Court filings obtained by Western Investor. Located at 9675 …
here are signs that the trend could start to taper off as developers pull more projects off the market or convert them into rentals
The number of completed, empty and unsold condos and townhomes in Metro Vancouver continued to climb in the third quarter of 2025, according to new data. But there are signs that this trend could start to taper off as developers pull more projects off the mark…
Questions remain unanswered about whether surrounding community areas will be impacted by new Surrey development
The City of Surrey is pushing ahead with a vision to create a new "downtown" hub that would include an entertainment district featuring a 10,000-seat arena for sporting events and concerts, as well as an interactive art museum, hotels and other businesses. The…
No amount of incentives seems to be able to reverse the glut. How did we get here? And how bad could it get?
Investors have fled the Metro Vancouver new condo market, leaving piles of empty and unsold units. And those looking to buy a home to live in aren't interested in these newer condos, either because they're too pricey (estimates suggest the bulk of the empty in…
The shift could reduce future ownership opportunities for first-time buyers, says one Realtor.
Surrey city council last week approved hundreds of new rental units, many of which were previously intended to be condos, illustrating how developers are adapting to changing market conditions. During a June 23 meeting, Surrey city council approved 758 net new…
Court-ordered sale puts property in the hands of a local developer
Registration documents identify the sole director of the numbered company as Sukhminder (Sukhi) Rai, head of RBI Group of Companies. RBI's diversified interests include blueberry grower Surrey Farms, commercial contractor RBI Construction, residential develope…
The Westfield Business Centre at 14178 104 Avenue in Surrey was constructed in 1998 Sold For $57M
The Westfield Business Centre sits at 14178 104 Avenue in Surrey and makes up the entire block between 141 Street and 142 Street, about midway between Surrey City Centre and Guildford Town Centre. According to court documents, the three-storey commercial build…
Columbia Square redevelopment that was approved this week is just one of many transit-oriented developments
Did you know New Westminster is British Columbia's oldest city? New West was an early pioneer settlement with a history that dates back 10,000 years , it was incorporated in 1859, and it was the first capital city of British Columbia until Victoria took over t…
At least 700 homes will be built near the Surrey Langley SkyTrain project
Transportation Minister Rob Fleming announced the move, explaining it's the first time the province has made a purchase like this. This project is going to be tremendous for Surrey and Langley, and this project, for once, is going to align the development of o…
RioCan sells Surrey's Strawberry Hill Shopping Centre: $155M
The 35-acre centre near 72nd Avenue and 120th Street includes retailers such as The Home Depot, Winners, HomeSense, Sport Chek and PetSmart. It's also home to a Cineplex cinema and includes a large amount of surface parking area. Strawberry Hill has 35 retail …
New B.C. resident stands to lose $82K in developer pre-sale ‘David and Goliath’ fight
A Surrey man is accusing a B.C. developer of acting in bad faith and costing him tens of thousands of dollars. Sudip Sehgall is a relatively new immigrant to Canada and dreamed of owning his own home in B.C. He put almost $82,000 down on a presale townhouse in…
$30K fine for B.C. real estate agent who failed to warn clients about special levy before condo purchase
A second B.C. real estate agent has been ordered to pay more than $30,000 for failing to notify his clients about an impending special levy before they purchased a condo in White Rock. Jitendra Angelo Dehideniya has six months to pay the $30,000 discipline pen…
14 acres industrial land sells for $75 Million located at 12091 88th Avenue, Surrey, B.C.
Once the site of a newspaper printing plant, the site was sold for land value and eventual development
14.2 acres industrial land sells for $111 Million located at 19469 92 Avenue, Surrey
With frontage on 92 Avenue and an estimated two years to development, the land sold for $7.8 million per acre in the fourth quarter, 2022.
2 acres industrial land in Surrey sells for $14 Million
Two-lot assembly on 192 Street sold for $7 million per acre in the first quarter of 2022.
6.5 acres development site in Surrey sells for $170 Million
The development site of older rental buildings is destined for approximately 2,000 homes in five new condominium towers, some as high as 44 storeys.
2.29 acres industrial land in Surrey sells for $15.34 Million
Industrial land was listed as the market began to shift downward, agents say, which caused a mid-launch strategy adjustment to a successful sale at $6.7 million per acre in the Port Kells area of Surrey, B.C.
2 units of strata office in Cloverdale sells for $1.03 Million
Sale price of $1.03 million nets fully renovated corner office strata in Pacific Business Park, Cloverdale area of Surrey, B.C.
0.44 acres multi-family rental in White Rock sells for $8.5 Million
Built in 1976 on a 19,395-square-foot lot, the four-storey apartment building sold at $288,710 per door at a 3 per cent capitalization rate.
Development land in Surrey sells for $6.5 Million
The 0.97-acre parcels is in the Fleetwood area, close to the planned 152 Street SkyTrain station.
Development land sells for $4.4M located at 14238 Highway 10, Surrey, B.C.
Eyed for residential development, the site is close to amenities in the Panorama area as well as Highway 91 and 99.
1.072 acres light industrial in Surrey sells for $10.35 Million
The 8,325-square-foot building holds a profitable welding and fabrication business in Port Kells, close to Trans-Canada Highway
19,227 sqft multi-family sells for $7.5 Million located in 14333 104 Avenue, Surrey
'Extended stay' hotel suites, meant for rentals for up to six months, cover entire floor of Guildford-area property
11,878 square feet mixed use commercial in Surrey sells for $4.12 million
The downtown building on a 11,878 square foot lot contains eight commercial units and one residential rental in the suburban Surrey, B.C., community.
2 units office strata in Surrey sells for $1.95 Million
Total sale price of two units was $620,000 above the BC Assessment value for a combined 2,690 square feet in the Surrey Heath Science Centre
New multi-use housing building in Surrey builds opportunity
"The opening of this building is the next step in providing a real solution to an issue that has gone on for far too long in BC.
26 retail units in Surrey sells for $35 Million
Scott Town Plaza has 26 retail units and is eyed as a potential development site close to transit stations
4 units retail sells for $5.3 Million located in King George Highway, Surrey
A potential development site, the four-unit King George Plaza retail strip of 6,900 square feet sold for $100,000 above its list price.
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