The City Of Surrey Is Doubling The Growth Rate Of Vancouver

The City Of Surrey Is Doubling The Growth Rate Of Vancouver

Surrey is currently undergoing a surge in population growth.

As of May of 2016, the population of Surrey had risen to an impressive 517,887; this figure shot up 10% from the 2011’s total of 468,251.

In fact, the city of Surrey is now on pace to outgrow the City of Vancouver in population. According to Urban Surrey, “It is expected that Surrey will surpass Vancouver in population to become the largest city in BC by 2030.”

The driving factors for Surrey’s recent surge include recent land developments, increased safety, and affordability. As Vancouver becomes increasingly unaffordable, Surrey presents a viable alternative with it’s much less expensive real estate options.

The city has been undergoing a revitalization.

Surrey Central Station will look completely different in its final stage of completion, as the future holds everything from residential buildings to shopping centres, to offices and a large bank.

There was also poignant growth in this area due to these developments – one Census Tract east of King George Blvd and south of 104th Avenue growing by 33%.

Another factor for the excellent growth is that over have 1,000 refugees have settled in the city in over the last couple of years. A study conducted by the Immigrant Service Society of BC shows 43% of BC’s Syrian refugees chose Surrey as their home.

Indeed, the city is completely revamping its appearance and vision. Utilizing the motto “the future lives here,” it aims to take an ambitious new approach to design and economy. In addition, Surrey.ca states it also has the lowest average annual rainfall in the Lower Mainland, at 1050mm or 41in, which is a definite bonus in this rainy area.

Up next for Surrey? A potential and controversial LRT system, and hopefully action towards tent city.

We soured the information for this blog from : https://604now.com/surrey-is-growing-double-rate-vancouver/

 

 
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