This 2.12-acre land parcel represents a significant development opportunity in Surrey’s rapidly growing Clayton Corridor. Situated at 72 Avenue and 182 Street, the site is part of the new Clayton Corridor Plan and benefits from its designation for Low-Rise and Mid-Rise Residential use. Positioned less than 400 meters from the future Hillcrest 184 Street SkyTrain Station, this property enjoys Tier 2 Transit-Oriented Area classification, which permits densities up to 12 storeys at 4.0 FAR.
A preliminary site plan envisions approximately 220,500 buildable square feet with 273 potential apartment units, making it suitable for both market condominium and rental developments. This location provides unparalleled connectivity and long-term growth prospects as the Fraser Highway SkyTrain extension transforms the area into a vibrant residential hub. Strong community amenities, including parks, schools, and the Clayton Community Centre, are within walking distance, enhancing its attractiveness for mixed-tenure housing projects. With a competitive asking price of $12,800,000 ($58 per buildable sf), this site offers developers an extraordinary opportunity to deliver much-needed transit-oriented housing in Metro Vancouver’s fastest-growing municipality.