King George Hub by PCI Developments has officially opened. The Hub is Metro Vancouver’s latest – and Surrey’s first – comprehensive transit-oriented development.
An isolated terminus station for 28 years in B.C.’s fastest growing city, King George is now surrounded by a vibrant complete community of homes, offices, and retail amenities. It is also now the gateway to the Fraser Valley as the connecting station to Surrey-Langley SkyTrain Extension.
King George Hub highlights the opportunities to build healthier communities at the eight upcoming stations, as well as on underutilized land around stations across the region. The development is the recipient of multiple awards from NAIOP (Commercial Real Estate Development Association) and Urban Development Institute.
“King George Hub will be an active, desirable community that exemplifies how progressive land-use planning and stakeholder collaboration can utilize scarce rapid transit infrastructure to catalyze vibrant, complete, and connected communities that encourage sustainable lifestyles and transportation choices with significant opportunities for housing and job space,” said PCI president Tim Grant.
King George Hub has 738 condo units and 371 rental homes that are completed, plus 350,000 square feet of office space and 130,000 square feet of retail space. Offices include headquarters for Coast Capital Savings and Westland Insurance.
Currently under construction and completing in 2025, King George Hub’s fourth phase will bring an additional 886 condos and 30,000 square feet of office and retail space. In early 2023, construction will start on the fifth phase that will deliver an additional 400 rental homes.
Upon full completion, King George Hub will comprise 370,000 square feet of office, 140,000 square feet of retail, 1,624 condo homes, and 771 rental homes – all within steps of rapid transit.
PCI Developments has created other community developments such as the transit-centred Marine Gateway in south Vancouver and the Crossroads at Cambie and Broadway near downtown Vancouver.