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ARTICLE · 05 JULY 2024

Surrey Slashes Building Application Fees To Accelerate Housing Construction Near Rapid Transit

Kane Shannon Weiler
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The City of Surrey is slashing many building and development application fees through a new rebate program called the Rapid Transit Development Incentive Program.

CanadaReal Estate and Construction
Aman S. Bindra
Aman S. Bindra

The City of Surrey is slashing many building and development application fees through a new rebate program called the Rapid Transit Development Incentive Program. The program aims to incentivize real estate developers to accelerate the construction of new condominium near rapid transit stations.

For any fees paid after December 4, 2023, the City of Surrey's new program will cut application fees by 50% for engineering (servicing agreement processing, administration, ESC application), building (building permit fees), and planning (rezoning, development permit, development variance permit).

The fee reduction would only apply to projects within 1.5 kilometres of an existing SkyTrain station (Scott Road, Gateway, Surrey Central, or King George) or an existing RapidBus route (R1 King George Boulevard or R6 Scott Road).

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