Surrey, BC V3T5E3 9935-9937 138 STREET

RARE high rise development opportunity offering situated on 10,127 sqft. Excellent investment/holding property for future development site. Only minutes walk to City Centre, SkyTrain, Surrey Place, library, etc. Surrey City Centre fast growing trending neighborhood with two local, major post-secondary educational institutions, Simon Fraser University & Kwantlen Polytechnic University are nearby the site. The current Floor Area Ratio (FAR) for this site is 3.5. Many sites surrounding this lot are zoned Comprehensive Developments (CD Zones). As density expands out from the City Centre there is a trend for higher (FAR). The current zoning and the increase of allowable densities in adjacent properties may support an increase in allowable density. (id:7434)