Happy Thursday!

We’ve got some big news for Surrey this week.

The FIFA World Cup is coming to Vancouver in 2026, and Surrey is looking to build a stadium for the event. This could forever change our city’s entertainment landscape and attract more global sporting events and major show biz productions beyond 2026.

We’ve also got a cutting-edge healthcare facility in the works, and a MASSIVE new living community coming to Langley.

— Scott

⚽️ A New Landmark: Proposed Stadium to Host World Cup Events

Driving the news: As Vancouver gears up to host the 2026 FIFA World Cup, there's increasing momentum to build a new stadium in Surrey to partake in the global festivities.

Details: The Surrey Board of Trade has proposed a 12,000-seat modular stadium estimated to cost around $35 million.

This pre-fabricated stadium would be versatile, serving not only for FIFA but also for corporate events, music festivals, and local sports.

Why it matters: This stadium could significantly boost Surrey's infrastructure and community engagement, attracting various events and enhancing local sports facilities.

The proposed location is Tom Binnie Park in Whalley, potentially integrating the BC Lions' training facility, which underscores the city's commitment to expanding its sports and recreational offerings.

The big picture: The modular nature of the stadium means it can grow with the community, providing long-term benefits beyond the World Cup.

It aligns with broader regional plans to accommodate the influx of visitors and participants expected during the tournament.

What’s next: While a feasibility study is underway, there is no clear timeline for official approval. However, local leaders and stakeholders continue to push for swift action to capitalize on the World Cup's opportunities.

The bottom line: A new stadium in Surrey could not only provide a practice facility for World Cup teams but also bring substantial economic and social benefits to the region.

This initiative represents a strategic move to ensure Surrey plays a significant role in the 2026 FIFA World Cup festivities, complementing Vancouver’s efforts and benefiting the entire area.

🎥 Is Now FINALLY The BEST Time To Buy in Surrey & Langley BC?

Let's take a look at what’s happening in the local real estate market in the MOEket update for June 2024.

🩺 Cutting-Edge Healthcare Comes
to Surrey

Driving the news: Surrey is set to welcome a groundbreaking new hospital and BC Cancer Centre, designed to revolutionize healthcare in the Fraser Health region.

Details: The new Surrey hospital and BC Cancer Centre will feature:

• Inpatient and outpatient care

• Surgical services

• 24/7 Emergency Department

• Advanced diagnostics

• Virtual care

• Pharmacy services

• Cancer care centre

• Clinical and other support services

• Child daycare centre

This facility will be the first in British Columbia to integrate comprehensive digital and virtual care technologies, enhancing patient care both inside and outside the hospital.

It will also be the first fully electric hospital in the province, promoting environmental sustainability.

Why it matters: The new hospital addresses Surrey's urgent healthcare needs, focusing on general medicine and short-stay surgeries, and prepares for future demands with expanded emergency, surgery, and cancer care services.

This facility brings healthcare closer to home for hundreds of thousands of residents in B.C.’s fastest-growing community.

What’s next: Construction of the new Surrey hospital and BC Cancer Centre is underway, with plans to continue developing the facility to meet the region's medium and long-term healthcare needs.

The bottom line: The new Surrey hospital and BC Cancer Centre represents a significant advancement in healthcare infrastructure, aiming to provide top-tier medical services while prioritizing sustainability and innovative care solutions.

This project is set to transform healthcare delivery in Surrey and beyond.

🎥 Inside the PERFECT $1.6M
Langley Family Home

This is one of the most perfect family homes we’ve listed in Langley…

This charming Langley residence features 4 spacious bedrooms and 4 bathrooms, all within 3,066 square feet of elegant living space.

Built in Willoughby Woods, on a 3,541 square foot lot, this 2-storey house with a finished basement is perfect for family living:

🔹 Spacious open-concept living area
🔹 Modern kitchen with stainless steel appliances
🔹 Luxurious master suite with walk-in closet
🔹 Cozy fireplace in the living room
🔹 Large backyard with covered patio
🔹 Attached double garage

Located just a short walk from RC Garnett Elementary, parks, and Langley's best dining and shopping spots, this home offers both convenience and charm.

Don't miss out on this rare opportunity—homes on this street don't come up for sale often!

📍 7075 200b St, Langley, BC V2Y 2Z4
💲 $1,598,800

🏠 Langley Gets Cutting-Edge Condo Development

Driving the news: A massive 12-acre master-planned community, known as Jericho, is coming to Langley’s Willoughby neighbourhood.

This ambitious development is set to redefine local living with its blend of style, substance, and community-centric design.

Details: Jericho will feature:

• Jericho Park: Four six-storey wood-framed buildings with 385 one to three-bedroom condos and garden homes, including a street-level commercial component.
  

• Jericho Square and Jericho District: Future phases with additional residential and commercial spaces.

Amenities: 26,431 square feet of community amenities, including a courtyard with a waterfall, sports simulator, gym, yoga studio, and multi-purpose spaces with BBQ areas.

Why it matters: This development caters to the growing demand for integrated living spaces that combine convenience, comfort, and community.

Jericho is designed to be a landmark neighbourhood, offering a vibrant lifestyle with easy access to parks, shopping, schools, and major transportation routes.

The big picture: Jericho’s West Coast-inspired design and extensive amenities aim to create a cohesive community where residents can live, work, and play.

Between the lines: Located across from the Langley Events Centre and minutes from parks like Gabriola and Yorkson, Jericho provides an ideal home base for young families, downsizers, and professionals.

The proximity to Highway 1 and Carvolth Exchange ensures easy commuting and access to the broader region.

What’s next: Sales are expected to begin this month.

The bottom line: Jericho by Essence Properties is set to be a game-changer for Langley, offering a well-designed, amenity-rich community that meets the needs of modern living.

➡️ If you’re interested in one of these condos, reach out here. ⬅️

📰 In Other News:

PNE grounds selected as Vancouver's FIFA Fan Festival location

B.C. blows past country with new construction in April 2024

Market Days to return to Cloverdale June 22

📊 Current Market Snapshots:

That’s all for today, I hope you have an amazing week!

If there’s ever anything you need:

• a custom market or home value report

• a home services list for a reliable contractor or services professional

• feedback or a professional opinion on a home project

Just let me know! We’re here to help with all your home needs.

Talk soon,

Scott with the Moe Team