Due to escalating construction costs, the proposed Surrey City Centre YMCA will not proceed. The project––a development partnership between the YMCA of Greater Vancouver and Simon Fraser University––with support from the City of Surrey, was to include a YMCA-SFU facility and high-density residential housing on the university’s Surrey property. Since the project was first conceived by the YMCA and City of Surrey six years ago, costs have climbed to $75 million.
All three partners have been deeply committed to advancing this innovative project to benefit SFU students and the Surrey City Centre community. Unfortunately, over the past few years, construction costs have increased dramatically throughout the region to the point that this particular project is no longer feasible.
We very much appreciate the support of everyone in Surrey who volunteered to help or donate. Over the coming days we’ll be in touch with donors, stakeholders and supporters to thank them for their commitment to the idea of a YMCA in City Centre.
This decision does not lessen our commitment to work with our partners throughout Surrey to expand our urgently-needed programs and services for local children, families, youth and seniors.