Posted on Monday January 07, 2019
Many landowners in the Port Kells area of North Surrey are facing a challenging and historical decision due to the Anniedale-Tynehead Neighbourhood Concept Plan (NCP) that is a blueprint for future development in the area. Simply put, the plan will transform a unique rural community into one of the fastest-growth areas in the Fraser Valley.
The NCP was approved in 2012 and covers approximately 1,000 acres, much of which is currently held by local landowners with small to mid-size acreages, usually from one to five acres.
This NCP is considered ideal for future development, especially for residential, which we believe will be the primary focus. Adjacent to the Highway No. 1 freeway, 96 Avenue, 92 Avenue and dissected by Highway 15, it provides amazing access as a prime residential and commercial destination. Basi Land Group is working with astute developers and land owners who recognize the potential.
The development concept plan includes low, medium and high-density residential, and mixed-use developments. A map provided by the City of Surrey (https://www.surrey.ca/files/AllDisplayBoards-June9th-2010small.pdf) provides an indication of where and how zoning will affect local landholders.
Landowners have the opportunity to see a substantial lift in land values as this development rolls out over the next few years. Already, the City of Surrey has acquired land for new schools and parks in the NCP, BC Transit has locked up land needed for transportation services and astute developers are attempting to acquire land in anticipation of future growth. Once city services and final zoning are in place, the Port Kells area will begin generating jobs in business parks and creating hundreds of new homes.
For Port Kells private landowners, 2019 represents a once-in-a-lifetime opportunity to achieve contemporary real estate values for their property. But landowners must have someone on their side to achieve maximum value. They need a professional with expertise in development and land assemblies who knows exactly what the land is worth.
Surrey-based Basi Land Group is aware of every parcel and every proposal under the Anniedale-Tynehead Neighbourhood Concept Plan. As the No.2 highest-producing Re/Max agency in B.C. we have transacted more than $130 million in land sales in the past two years alone. Whether you are an owner or a developer, Basi Land Group can guide you to the best possible value and highest possible use for Port Kells land.
Call us today for a private consultation on how you can profit today from the Port Kells of the future.