TEMPORARY DEVELOPMENT FREEZE ALONG FRASER HWY

IN THE NEWS: cbc

Surrey councillor calls for temporary development freeze along new SkyTrain route

Brenda Locke says council first needs to figure out what projects will best support the transit expansion

CBC News | Belle Puri

April 04, 2019

...

Realtor Joe Varing of Varing Marketing Group specializes in land slated for development. He likes the idea of a pause on development approvals until the staff review is done.

"Fast forward five or seven years, we might look back and say, oh boy, we really under-developed these major nodes we created," said Varing.

At the same time, he acknowledges a freeze could be financially tough for developers who already have applications in the queue and are eager to get building.

Surrey Board of Trade CEO Anita Huberman says it makes no sense to approve projects before details about the new SkyTrain service are worked out.

"We don't even know where the actual stops for the SkyTrain stations are going to be," said Huberman.

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