Concord to build 1,014 condos in two Surrey towers

Developer will pay $2,000 per unit in civic fees and a $5.1 million bonus as city doubles density on the downtown site

By
Glacier Media
November 25, 2020





High rises approved near City Hall, SkyTrain. | Submitted
— High rises approved near City Hall, SkyTrain. | Submitted

Surrey’s downtown core is expanding with approval of two residential skyscrapers built by developer Concord Pacific and comprising 1,014 units.

Surrey City Council rezoned a parcel of land south of City Hall on November 24, with the effect of more than doubling the previously approved density for the area.

The development, like many others that have received bonus amendments to the Official Community Plan this year, drew criticism from some residents at the virtual council meeting.

“Somehow there’s got to be cumulative data on what these developments are bringing to current taxpayers,” said Ramona Kaptyn.

The towers will overshadow a local park, including the BC Lions facility, between the Surrey Central and Gateway SkyTrain stations.

Concord will provide amenity space for the new residents, such as pools and a fitness centre, plus a green roof. And it will also pay the city $1,000 per unit toward the community amenity fund, as well as $1,000 per unit for the city’s affordable housing reserve.

As a result of the added density, Concord will also be charged $20 per square foot of bonus living space. The development report to council indicates Concord is receiving a 255,807-square-foot bonus, which would result in a $5.12 million payment.

However, largely at issue is how the city is planning to accommodate school-age children.

The Concord towers will house 374 two-bedroom units; 30 two-bedroom-plus den units; and 30 three-bedroom units. City officials in conjunction with the Surrey School Board anticipate 25 elementary school children and 10 secondary school children living in the complex.

Nevertheless, residents suggest officials are underestimating how many kids will be living in these new towers. In the past year the same question has been raised on a number of occasions.

“I have to admit it does sound quite odd when there are 173 units and just six students identified,” said Coun. Brenda Locke, speaking to another development that was approved Monday and with similar child-to-unit ratios.

Prompted by Locke’s comment, general manager of planning and development Jean Lamontage said the number is “calculated with a number of factors.

“So the school district will look at similar building within the area that are in existence with people living in it,” Lamontage said. “And they know exactly how many kids are in school from those buildings from their statistics and enrolment.

The provincial government pays for new schools. Cities collect fees from new developments, but these fees are relatively meagre, as they are outdated, having not been adjusted in 20 years.

Minister of Education Rob Fleming told Glacier Media last March he is looking at raising the fees to pay for new schools, particularly in growing municipalities such as Surrey.

Known as a School Site Acquisition Charge, these legislated fees are intended for new developments to pay, in part, for new schools. A new house is presently charged $1,000; a townhouse is charged $800 and a new condo unit is charged $600. Buyers of these new homes pay these fees.

The Concord development will result in $614,400 for new school spaces.


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