Commercial Real Estate: UniverCity population set to double as community expands

May 3, 2017 10:06 am

the vancouver sun

Over the next five years, the population at Simon Fraser University on Burnaby Mountain is expected to double to 10,000 residents, and campus stakeholders are aiming to tailor the area’s mix of commercial space to meet the needs of the emerging town centre.

Underscoring the growth at SFU was the recent announcement by the B.C. government, Burnaby school district and SFU stakeholders to jointly fund another 195 new spaces at the University Highlands Elementary School to the tune of $3.9 million, according to a news release sent out by the SFU Community Trust in March.

Another deal is nearing completion to build a 15,000-square-foot medical centre in the community, said Gordon Harris, the president and CEO of the SFU Community Trust.

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