City of Surrey's 2021 - 2025 Financial Plan

BUSINESS AND INDUSTRY

The area is also served by rail and located on the SkyTrain rapid transit system at Scott Road Station. The area is undergoing significant change with the newly constructed North Surrey Sport & Ice Complex and accompanying developments around Scott Road Station. The Port of Vancouver is also expanding in the area and accounts for 5,600 jobs, $350 million in wages, and $1.31 billion in economic activity annually. Cloverdale Approximately 2,158 businesses operate in Cloverdale. This includes operations in three separate industrial areas in Cloverdale: Cloverdale North, Cloverdale East, and Cloverdale South. The areas have excellent access to major east/west trucking routes, Highway 10 and Highway 1, as well as south to the Pacific Highway border crossing to the US via Highway 15 (176 Street). Rail-served sites are available in East Cloverdale. Highway 99 Corridor This prominent gateway has experienced significant commercial and residential development over the past six years. Zoning along Highway 99 encourages a variety of uses including industrial, business park, commercial and tourism. Campbell Heights The Campbell Heights Business Park is a 1,900 acre high-end business park that is located within 20 minutes of the Pacific Highway border

crossing to the US. Major east/west trucking routes are accessible via 16 and 32 Avenues. Campbell Heights has over 10 million square feet of total business space. A majority of which is industrial zones accounting for just over 94% of the total. The business park is home to over 500 businesses and is quickly growing due to its ideal location and inventory of rare industrial lands. Rosemary Heights

Campbell Heights

Rosemary Heights benefits from excellent exposure along Highway 99 and will benefit from substantial development along the Highway 99 Corridor to the south. Highway 99 provides access to Vancouver International Airport in 35 minutes and to the Peace Arch border crossing, to the United States, in 15 minutes. Douglas This developing area is located adjacent to the Pacific Highway border crossing, the second busiest commercial border crossing in Canada. This border crossing had approximately 6 million individuals travelling annually, prior to current pandemic related travel restrictions. Several transportation and warehousing companies are located in the area, as well as the Canada Border Services Agency.

City of Surrey | 2021—2025 Financial Plan | Community Profile

37