- What A 5-acre development site is up for grabs in Langley
- Why The parcel is in a strategic growth area
- What next The property is zoned for townhouses and apartments
NextGen Developments is floating a 5-acre development site in Metro Vancouver for $16.5m, Green Street News can reveal.
In the Brookswood neighbourhood of Langley Township, the vacant land at 3282 202nd Street and 20256 34th Avenue is primed for large-scale multifamily development. Colliers has the marketing assignment.
Zoning allows for apartments and row house-style townhouses on the property, which sits in a strategic growth area.
The land is in one of the most desirable areas of Langley, marketing materials say, with quick access to shops and dining. Both Noel Booth Elementary School and Brookswood Pond are nearby.
The site is 40 km southeast of downtown Vancouver and 4 km from downtown Langley.
NextGen, a Surrey-based residential developer, previously posted plans for the land, including row houses and stacked townhouses, on its Facebook page in early 2022. It has not announced any updates since.