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Development Activity

See the commercial and industrial growth in Surrey by square foot and building permit values.

Surrey is undergoing rapid development. Residential, commercial, industrial, and institutional development has accompanied significant population and employment growth.

Understanding how Surrey is growing helps us to better plan your city and provide services to businesses and residents. Development activity is gauged by the number and value of building permits issued.

Construction Value of Building Permits from 1968 to 2022

Since 2015, development has hovered at around $1.5 billion per year before experiencing a significant spike in 2019. In those five years over 10 million square feet of commercial and industrial floor space was added. In the same period there were over 23,000 housing starts.

Building Permit Values by Type
Housing Starts by Type, 2015 to 2022

Detailed building permit summaries for 2021 and 2022 are available for commercial, industrial and residential development on our development statistics webpage.

Note: the information provided is published as general reference only and is subject to correction or change. While every effort is made to post accurate information, the City does not guarantee that the information posted is always current or correct. The City is not responsible for any action taken in reliance on the information contained herein. All detailed information should be verified with the Planning and Development Department.