CC4 to feature 75,000-square-foot mixed wet lab space
Surrey, BC (November 14, 2022) – ICT Group and Lark Group’s Health and Technology District continues to expand its significant presence in the heart of Surrey’s downtown core with the latest groundbreaking of its City Centre 4 (CC4) building.
City Centre 4 is ICT Group and Lark Group’s largest phase within the Health and Technology District to date with 23 storeys and more than 350,000-square-foot of office space available for purchase or lease, plus high-profile premium strata retail and restaurant space across two floors. CC4 will also provide opportunities for life science, bio manufacturing and research organizations access to five floors or 75,000-square-foot of wet lab space, with additional possibilities to expand up to 1-million-square-foot of wet lab space in the future building phases.
“We are blazing a trail in Surrey’s business and innovation landscape with the continuing expansion and growth momentum of the Health and Technology District,” says Kirk Fisher, Senior Vice President of Lark Group. “The incredible demand for office and wet lab space, especially in Surrey which is one of Canada’s fastest growing large cities, propels us forward with the construction of our City Centre 4 building, and City Centre 5 following quickly thereafter. The District plays a crucial role in helping transform the city’s downtown core and attracting businesses and institutions to Surrey.”
With the distinct advantage of being immediately adjacent to Surrey Memorial Hospital, one of Canada’s busiest hospitals, as well as the King George Skytrain station, CC4 is part of a unique innovation ecosystem where a cluster of professional, health, technology and academic based organizations have been focused on BC’s emerging health, education and technology economy. The District is home to a network of researchers, entrepreneurs, educational institutions, multinational and start-up companies that are collaborating with patients and clinicians in a number of health care environments to accelerate the implementation of technologies and solutions to achieve health care improvements.
A number of high profile organizations have recently expanded into the District including UBC, which bought space within the City Centre 1 building for their Master of Physical Therapy program for the South of Fraser region, with the space set to be furnished with laboratories, seminar rooms, student learning commons, and multi-purpose spaces. In 2021, UBC also announced a $70-million purchase of a 135,000-square-foot property down the street that is anticipated to be a combination of residential and commercial space which will generate revenue to enable the construction of dedicated academic facilities.
The Surrey Board of Trade is also adding their presence within the District, with the opening of their second location as part of a co-ownership deal with Western Community College to launch the Surrey Technology and Skills Centre as a premier centre for research, business, and innovation. It will feature health and technology training programs, international partnerships and Surrey International Trade Centre expansion, as well as an Indigenous Innovation and Entrepreneurship Centre, Cyber Crime Centre of Excellence, Blockchain Centre of Excellence, Immigration Innovation Lab, and entrepreneurship hubs for women and youth.
ICT Group and Lark Group’s City Centre 4 building is slated for completion in Q4 2025. For more information, visit www.healthandtechnologydistrict.com.
About the Health and Technology District:
The Health and Technology District (the DISTRICT) is a rapidly expanding ecosystem of innovators and entrepreneurs collaborating with tech companies, scientists, educators and health professionals, each representing a range of business, technology, and research fields. The DISTRICT serves as an Innovation HUB, offering a dynamic community where disruptive impacts are generated through the translation of research, science and technology into global innovations. More information: www.healthandtechnologydistrict.com
About ICT Group:
Co-founded by the Delesalle and Dayhu Groups, ICT is a collaboration that leverages the combined experience, expertise, and success of our founding principals. The ICT Group is focused on strategic and collaborative real estate development. With Integrity as our core value, each project is managed to ensure a risk mitigated approach; complimented by high environmental standards, community involvement and alignment with our strategic partners. https://imaginingcommunitiestogether.com/
About Lark Group:
The Lark Group is a family owned and operated development, construction and facility management company successfully developing real estate in British Columbia since 1972. Based in Surrey, B.C., the Lark Group has built a trusted reputation in the North American market by leading world-class institutional, residential, and award-winning healthcare and long-term care developments. It has developed the Health and Technology District in Surrey, a series of eight high-tech buildings immediately adjacent to Surrey Memorial Hospital, as a rapidly expanding ecosystem of innovators and entrepreneurs collaborating with tech companies, scientists, educators and health professionals, working together to transform research, science and technology into global healthcare innovations. www.larkgroup.com
Media contact: Yvonne Chiang, 604-880-5090, [email protected]