Proposed LRT in Surrey is actually deterring developers, not attracting them.
“Prices are double what they were in 2016”, according to developers observing the corridor around the proposed LRT in Surrey.
“Prices are double what they were in 2016”, according to developers observing the corridor around the proposed LRT in Surrey.
MEDIA RELEASE Surrey-Newton-Guildford LRT to result in societal and economic loss for region FOR IMMEDIATE RELEASE – October 18, 2018 – Surrey, BC Business case documents released by TransLink confirm that the burden of paying for the Surrey-Newton-Guildford LRT will not justify the economic investment, validating concerns held by many locals. SNG LRT Benefit-cost ratio […]
We refuse to acknowledge the results of Surrey’s LRT study as an acceptable case for proposed light rail in Surrey.
IMMEDIATE RELEASE – October 31, 2014 – Surrey, BC A TransLink study has already found a negative transportation business case for LRT, which will contradict any future “P3 business case” for federal project funding. The Surrey Rapid Transit Study, conducted over the past few years, found that the LRT project has a transportation cost-benefit shortfall of […]