Construction for 3 Civic Plaza, our development of Surrey's tallest tower, is moving fast. ITC Construction Group is moving very quickly to keep us on schedule. The infographic above shows the projected progress of the building construction for 3 Civic Plaza in each quarter, and shows that we begin building the residential floors in early 2016. Once we have established ‘Tier 1’, the 15th Floor, the tower will rise at a rate of about one floor each week.
Of course, it has taken some time to get here.
While most people can see the signature ‘guitar pick’ windows continuing to take shape, there’s an amazing amount of work that’s been done inside the project that cannot be seen from the outside... the built-in local energy system and the three hoist elevators, for two examples.
2015 CONSTRUCTION SUCCESSES
We completed the following:
- - All 3 floors of Kwantlen Polytechnic University’s first urban campus (KPU Civic Plaza)
- - 8 of the 16 floors for Surrey’s first Marriott Autograph Collection hotel, including window-wall installation
- - All 6 hotel amenity spaces, which includes the pre-function area, convention ballrooms and meeting rooms
- - Placing more than 50% of the total concrete to be used in the building, with the parkade finished earlier in the year
Based on demand and current market conditions, we will see some price adjustments this year to better reflect the quality and calibre offered at 3 Civic Plaza with its proximity to education, SkyTrain and the Marriott Autograph Collection hotel. The new pricing model also anticipates occupancy in 2017, which shows a 3% to 4% increase for most homes. With this icon arising before our eyes, 3 Civic Plaza is beginning to feel like the landmark we expect it to be, and every day brings us closer to Surrey’s vision for a vibrant, active downtown.