15150 56 Avenue

The subject site is located on the community of Newton in Surrey. Newton accounts for over 25% of the population of Surrey, and is home to a variety of educational, recreational and cultural facilities including The Bell Centre for Performing Arts, and the Newton Cultural Centre. The community is also home to Kwantlen Polytechnic University, which currently has over 19,000 students enrolled.

The demographics for the subject site’s primary trade area demonstrates strong demographic trends with residential growth of over 10% over the last five years, and an average household income of $115,087 (2016). The area is projected to continue to grow for the foreseeable future with growth rates predicted to be approximately 8% from 2016 - 2121.