Surrey City Development Corporation is getting back to business
Continuing on with our work for Surrey, SCDC is currently working with City staff on a transition plan to launch itself in a way that will continue the many positive projects. activities and initiatives that SCDC has been undertaking Prior to its dissolution in 2020, SCDC was responsible for catalyzing economic growth and renewal in Surrey, while also providing the municipal government with a revenue source all in a financially self-sustaining way. This includes building industrial space at Campbell Heights, and its role in spearheading the 52-storey 3 Civic Plaza and Hotel tower.
Council Moves to Restart Surrey City Development Corporation
Our Mandate is Three-Fold
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To act as a catalyst for positive development that will support and accelerate the City of Surrey’s social, cultural, community, economic and environmental objectives.
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To generate revenue through its real estate activity including building an income producing real estate portfolio.
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To provide strategic real estate advice in support of the City of Surrey’s vision for redeveloping areas of the City including the best use of surplus City-owned lands.
SCDC supports Surrey
SCDC is a for-profit real estate development company and is separate from the City of Surrey with independent finance, operations, and governance.