Century’s ’3 Civic Plaza’ to reach new heights in the downtown
Century is touting the project as the “preferred address for those wanting to live in Surrey’s new transit-oriented civic hub.” The tower will include 330 residential units above a 160 room Civic Hotel. The project will also feature a large meeting space to accommodate over 300 people and a ground-level restaurant.
According to the Surrey Leader, the City’s Development Corporation is holding a multi-million dollar stake in the project, providing $6 million for the land and $7 million in cash. This investment was leveraged to obtain the hotel component of the project. 3 Civic Plaza is estimated to cost $125 million total.
Sales for 3 Civic Plaza will begin in October with construction planned for 2013. It is expected to be complete by the Fall of 2015.