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City Centre 4 MLS® Listings
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Building Info
City Centre 4 - 9686 137 St, Surrey, BC V3T 4G8, Canada. The latest and largest phase of Surrey City Centres Health & Technology DISTRICT which currently totals over 1/2 million SF of AAA office and retail space. Existing companies include a large number of professional, health, academic and technology based organizations and professionals that are focused on innovation and BCs emerging technology economy. This rapidly growing, high-profile community is home to a network of researchers, entrepreneurs, multinational and start-up companies, and some of the most advanced digital health, wellness, technology, and clinical service organizations.
City Centre 4 is perfectly positioned in the heart of the Surrey City Centre and is located in the vibrant Health & Technology District. Immediately adjacent to one of Canadas busiest hospitals and next to the newest UBC and Simon Fraser University campuses, as well as nearby to a variety of amenities including multiple hospitality and retail outlets. The City Centre District is only minutes from King George Hub Skytrain Station and the Fraser Highway King George intersection to Langley, allowing easy access to multiple transit options.
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
354,468 SF of AAA office and retail strata space over 25 stories
Incredible views in all directions
Floor plates ranging from 13,366 – 21,331 SF
6 levels of underground parking with 633 total stalls (including 124 EV stalls)
Total of 1,887 parking stalls over 4 phases
Office units from 659 SF and up
LEED Gold (pending)
Wired Score certified
Estimated Completion: Q4 2025
Ground Amenities:
Secure bike lockers with end of trip facilities
Easy access for parking bicycles on the main level
Numerous retail food amenities
Rooftop Amenities:
A large flexible space provides plenty of room for corporate meetings or impromptu events
High-end Fitness Facility with outdoor patio and amazing views from the 25th floor, containing state-of-the-art equipment and gear for even the most rigorous of workouts
Golf simulator/Sports Entertainment Centre that can be reserved for private events
Communal social lounge with kitchen that can be reserved for hosting private events and celebrations Various seating arrangements can accommodate groups and individuals: overlooking views of the city and North Shore Mountains
Access to outdoor patio
A bookable boardroom with audio-visual equipment with full capability to facilitate various presentation and tele-conferencing requirements
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2025
Levels
23
Construction
Concrete
Strata Information
Strata Plan #
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