20-year market rental housing agreement approved
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Description
Surrey Council approved a housing agreement bylaw for Mortise Construction Ltd.’s expanded 218-unit residential project on King George Boulevard, securing all units as market rental for 20 years. An amended development permit will be finalized once all engineering and design conditions are met.
Contract Details
Vendor
MORTISE CONSTRUCTION LTD (T. JOHAL)
Agency
City of Surrey, Canada
Contract Type
CONSTRUCTION
Document Date
April 27, 2026
Contract Term
20 years
Renewal Info
Housing Agreement will secure 218 dwelling units as market rental for a 20-year period; any future change in tenure will trigger obligations under a Section 219 Restrictive Covenant for public art and CACs.
More from City of Surrey
City of Surrey Regular Council - Land Use Minutes April 2026
City of Surrey Regular Council - Land Use Minutes April 2026
City of Surrey Regular Council - Land Use Minutes April 2026
City of Surrey Regular Council – Public Hearing Minutes April 27, 2026
City of Surrey Regular Council - Land Use Minutes April 2026
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