Surrey, B.C.\u00a0\u2013 The City of Surrey and the Surrey City Development Corporation have announced an agreement in principle for the development of the City Centre Arena and Cultural Event Centre, with the Vancouver Giants as the anchor tenant.\u00a0<\/p>\n
“When we say big things are happening in Surrey, we mean it, and a new arena of this scale is as big as it gets,\u201d Mayor Brenda Locke said. \u201cBringing this arena to Surrey means jobs, investment, conference capacity, and major sports,\u00a0arts\u00a0and entertainment like never before.\u00a0We\u2019re\u00a0already the economic powerhouse of the region, and this is another step in Surrey\u2019s rise as a world-class city.\u201d\u00a0\u00a0<\/p>\n
Once complete, the 10,000-seat arena will become the new home for major sports,\u00a0concerts\u00a0and cultural events in Surrey, with the Giants\u00a0relocating\u00a0to the new venue.\u00a0The project is\u00a0anticipated\u00a0to generate\u00a0$2.4 billion\u00a0in economic benefits for the city over the next 10 years.\u00a0<\/p>\n
\u201cWe are thrilled to be part of this amazing venue that will change the face of Surrey like never before,\u201d Ron Toigo, majority owner and president of the Vancouver Giants, said. \u201cExciting times for Surrey and it\u2019s great to be a part of it.\u201d\u00a0<\/p>\n
The project will also include a luxury hotel, conference\u00a0space\u00a0and housing, helping create a new sports and entertainment district that will attract investment, support economic\u00a0growth\u00a0and expand Surrey’s capacity to host major events.\u00a0\u00a0<\/p>\n
The City Centre Arena and Cultural Event Centre will be built on land\u00a0to be\u00a0acquired\u00a0by the\u00a0City, directly across from City Hall and Surrey Central SkyTrain\u00a0Station. The property will be secured\u00a0through a strategic land swap\u00a0agreement\u00a0under\u00a0which\u00a0the City\u00a0will\u00a0acquire\u00a0the five-acre parcel at 10355 King George Blvd. in exchange for three City-owned parcels at:\u00a0\u00a0<\/p>\n
2750 194A Street\u00a019165 39 Avenue\u00a012820-12842 96 Avenue\u00a0<\/p>\n
\u201cThis is an exciting project for the City of Surrey that will really form the core of a new sports, culture and entertainment district,\u201d Bill Aujla,\u00a0President and\u00a0CEO of the Surrey City Development Corporation, said. \u201cBringing together this new parcel of land, with\u00a0experienced parties\u00a0to build, operate and tenant this new 10,000-seat arena, is going to unlock significant opportunities for the\u00a0City.\u201d\u00a0<\/p>\n
The City Centre Arena and Cultural Event Centre is\u00a0anticipated\u00a0to be completed by 2030, with a\u00a0net\u00a0estimated cost of $360\u00a0million. Funding for the project\u00a0was provided for in the City’s 2026 Budget.\u00a0<\/p>\n