The Shangri-La Vancouver, one of the city's premier downtown hotels, has been acquired by Canadian multinational investment firm Brookfield, STOREYS...
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In Metro Vancouver’s fast-paced housing landscape, it’s not often you see a developer take a step back, reflect, and re-engage from a place of deep commitment.That’s what Oviedo Properties is doing with BridgeCity, its large-scale Surrey community that has seen interest from buyers, agents, and the community at large.Located just north of King George Blvd, overlooking Bolivar Creek, the masterplan entered the market last year, joining Oviedo’s long list of projects, ranging from high-density towers to purpose-built rentals and mixed-use hubs. Developments like Altus and White Birch have helped define new pockets of growth in White Rock — and BridgeCity is poised to do the same for Surrey.Now, to help reinforce this mission, the seasoned developer has opted to strategically pause. BridgeCity is still very much moving forward; but now, with even more intention. The project’s fresh direction is focused on improving the overall experience, from the streetscape to the amenities, bringing the masterplan into stronger alignment with today's (and tomorrow's) market preferences."This strategic redesign underscores our unwavering commitment to delivering homes that truly resonate with our buyers and exceed market expectations," Kanwar Dhamrait of Oviedo Properties said in a release. "We are confident that the reimagined BridgeCity will set a new standard for community living in Surrey, reflecting our dedication to building exceptional communities."With the redesign underway, current agreements will be cancelled and deposits returned — part of a broader reset ahead of relaunch. Oviedo has expressed deep appreciation for the development's early support. The developer also notes that, happily, buyers won’t be waiting long: BridgeCity is expected to relaunch in 2026.With eyes on the horizon for next year, the best version of BridgeCity is still to come — and when it does, it’s expected to make a lasting mark on Surrey’s evolving skyline.For updates, visit livebridgecity.com.______________________________________________________________________________________________________________________________This article was produced in partnership with STOREYS Custom Studio.
The Shangri-La Vancouver, one of the city's premier downtown hotels, has been acquired by Canadian multinational investment firm Brookfield, STOREYS...
The Shangri-La Vancouver, one of the city's premier downtown hotels, has been acquired by Canadian multinational investment firm Brookfield, STOREYS...
While a market downturn definitely creates problems for developers of projects that are in the planning stages, the simplest solution can be to pause...
While a market downturn definitely creates problems for developers of projects that are in the planning stages, the simplest solution can be to pause...
Seven years after the project was first conceived, the owner of the Capilano Mall in North Vancouver has submitted its full application to redevelop...
Seven years after the project was first conceived, the owner of the Capilano Mall in North Vancouver has submitted its full application to redevelop...
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Welcome to Meet the Agent, an ongoing series profiling real estate agents from across Canada. With more than 150,000 agents, brokers, and salespeople...
Welcome to Meet the Agent, an ongoing series profiling real estate agents from across Canada. With more than 150,000 agents, brokers, and salespeople...
For perhaps the first time in history, real estate in distress is more than an industry conversation — it’s a dinner-table topic. But those in the...