Surrey welcomes 69 new co-op homes in City Centre, offering deeply affordable rents through a $15M public-private initiative led by BC Housing and the City.
Affordable Housing Project Unveiled in Surrey’s Core
A new 69-unit co-operative housing project has officially opened in Surrey’s City Centre, marking a significant step toward increasing affordable housing in the rapidly growing region.
Public Funding Makes Project Possible
The six-storey, wood-frame Sunshine Housing Co-op was made possible through $12.5 million in funding from BC Housing and a $2.8 million land contribution by the City of Surrey. The new building is located at 13225 104 Avenue, a central location near transit and services.
Former Residents Transitioned to New Site
Thirty-nine households from the previous Sunshine Co-op at 10744 133 Street have already moved into the new development. Monthly housing charges at the new site range from $445 for a studio unit to approximately $3,000 for a three-bedroom unit, with rents tied to household income.
A Step Toward Mixed-Income, Inclusive Living
Surrey Mayor Brenda Locke celebrated the grand opening on Friday, emphasizing the city’s commitment to inclusive growth.
“This project exemplifies our collective commitment to creating a more inclusive, affordable, and vibrant community—a city where everyone matters,” said Locke. “It adds 30 new homes and supports a wide range of incomes and household sizes.”
Partners Praise Municipal Leadership
Thom Armstrong, CEO of Community Land Trust, who presided over the ribbon-cutting, called the project a model of successful municipal collaboration.
“This is a day that’s been many years in the making,” said Armstrong. “It’s what happens when a municipality gets it right.”
Future Plans for Original Site
The former co-op site near Gateway SkyTrain Station is now being redeveloped by the Surrey City Development Corporation (SCDC). CEO Michael Heeney shared plans for a large-scale housing project that could add up to 1,800 homes.
“We’re consolidating the old site with adjacent properties to create a comprehensive development,” Heeney said. “This allows us to scale housing delivery in ways that private or public entities alone often cannot.”
