Growth & Development

 

+Development Areas

The Township of Langley consists of six distinct commercial/residential neighbourhoods: Aldergrove; Brookswood/Fernridge; Fort Langley; Murrayville; Walnut Grove; Willoughby; and Willowbrook. In addition to these neighbourhoods, the Township of Langley has industrial lands use available in six areas: Aldergrove, Carvolth/Willoughby, Glouscester, Northwest Langley, Langley Airport, and Willowbrook. 

The Township of Langley, along with the City of Langley, has been designated as one of Metro Vancouver’s Regional City Centres . All of these areas are surrounded by rural greenscapes, making the area a desirable destination for both business and residents. From the progressive growth of a major urban centre to the pastoral views of spacious residential estates, the Township has something for everyone.

“A surge of corporate investment in the Willowbrook area is helping Langley’s commercial core live up to its confident designation as ‘regional town centre.’ Willowbrook has a truly regional drawing power, luring customers from White Rock, South Surrey and beyond.”
BUSINESS IN VANCOUVER MAGAZINE

VIEW MORE ►

+Development Activity / Indicators

The Township of Langley has grown steadily year after year, with a five-year average building permit value of $68.6 million per year or a total of $2.6 billion over the past decade. Remarkably, the Township has seen greater growth in industrial permit values than both the City of Vancouver and the City of Surrey over the past 15 years, reaching $372 million.

Not surprisingly, the greatest growth has been in residential development over the past decade, averaging 133 residential units per year, of which 95 are multi-family residential. Most growth has occurred in the Willoughby area, including Carvolth, Yorkson and Georgetown, followed by Murrayville.

After residential, institutional buildings have seen an average investment of over $8 million per year, while industrial has seen over $6 million and commercial over $4 million per year averaged over the past five years.

Farm development activity has fluctuated over the past five years, resting at an average annual investment of over $2 million. These figures are not indicative of the importance of this sector. According to the 2011 Census of Agriculture, annual farm capital in the Township totalled $1.3 billion, more than twice the amount of the next largest municipality in Metro Vancouver.

 

Construction Value

All Buildings

$313,651,775

Institutional

$2,922,000

Industrial

$23,447,360

Commercial

$25,064,398

Residential

$248,250,614

 

Farm Capital

Agricultural

$13,967,297

View Township of Langley's development activity 

VIEW MORE ►

+Business Growth

The Township of Langley has become one of the most active and attractive land markets in Metro Vancouver. From major international corporations and industrial production to specialty boutiques and agricultural production, the Township is one of the fastest growing communities in the region.