Walmart

The ongoing development of industrial lands in Surrey has remained at the forefront of SCDC’s activities. The Campbell Heights East development represents the next stage of SCDC’s industrial land initiatives and will provide a major new contribution of industrial lands to the region. 

SCDC has lead the rezoning and development process for the 80 acres of lands and the Company is particularly proud of the balance that the development plan has found between ecological sensitivity and commercial requirements. SCDC received support from the Department of Fisheries & Oceans and the Ministry of Environment to ensure development on this ecological sensitive site would be appropriately managed. Land servicing has incorporated the dedication of significant amounts of land for conservation purposes, assisting the City in achieving its objectives of the Biodiversity Conservation Strategy and emphasizing SCDC’s ongoing stewardship of environmentally sensitive lands. 

Prior to completion of site development, SCDC entered into a land lease with Walmart Canada and Walmart opened in 2021. SCDC is presently working with the City’s economic development team and brokerage community to find a suitable tenant for the remaining 14 acres of the first phase. SCDC has also initiated the rezoning for the remaining forty acres representing the second phase of these lands. By choosing to retain ownership of these lands for the long term, SCDC and the City will be generating a long term sustainable revenue stream as well as advancing the City’s future economic development agenda.