20411 Fraser Highway, Langley

Located in the heart of Langley City, 20411 Fraser Highway will become a focal point of the community for years to come. Across the street from Cascades Casino, beside the Langley City “One Way” shopping core, and only 300M from the future SkyTrain stop, this site is central to all Langley City has to offer. The site totals 0.77 acres (33,592 SF) and has multiple road frontages. Prior to the introduction of Bill 47, the Vendor applied for a 6-storey 82,950 SF mixed-use building on the subject property. With Bill 47, the site now qualifies for higher density and lower parking requirements.
The Vendor reached an agreement with the City of Langley to acquire 18,938 SF of City owned land, which is included in the site. The Vendor diligently negotiated a deal structure that involves a portion of the cost to be deferred to a later date.
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