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University of British Columbia acquires $70M in land near Surrey Memorial Hospital
- November 2, 2021
UBC Making Inroads To Surrey With Acquisition Of Huge Parcel Of Land Worth $70 Million
The University of British Columbia is making a big move to expand in Surrey, with the purchase of 3 acres of land near Surrey Memorial Hospital, valued at $70-million, the City announced Tuesday. The property, located at King George Boulevard and Fraser Highway is steps away from rapid transit with the nearby King George SkyTrain station.
By DESIBUZZCanada Staff
SURREY – The University of British Columbia is making a big move to expand in Surrey, with the purchase of 3 acres of land near Surrey Memorial Hospital, valued at $70-million, the City announced Tuesday.
The property, located at King George Boulevard and Fraser Highway is steps away from rapid transit with the nearby King George SkyTrain station.
“This is a huge and exciting announcement for Surrey as I have always believed that top tier post secondary options should be easily accessible to our residents,” said Mayor Doug McCallum. “I helped bring top tier post-secondary education to Surrey with the establishment of SFU’s Surrey campus. I am glad that UBC is now taking the step to establish a major presence in Surrey. The City will be fast-tracking permits for this project to ensure this site is developed as quickly as possible. Construction of the site will bring numerous well-paying jobs, and when completed, UBC will have access to the largest segment of university aged population in the province right here in Surrey.”
This announcement distinguishes Surrey as home to three of BC’s largest public universities and further establishes the city as an innovation hub within the province. With the addition of UBC, it will complement SFU Surrey’s long standing and successful presence in Surrey and provide another quality option for students in Surrey and south of the Fraser to pursue advanced education opportunities closer to home.
For more information visit https://news.ubc.ca/