The city of Surrey will be getting a new arena, which will be the new home of the Vancouver Giants.
In a release, the city and the Surrey City Development Corporation said the Downtown Arena and Cultural Events Center will be equipped with 10,000 seats for the city’s sporting, concert and cultural events.
“When we say big things are happening in Surrey, we mean it, and a new arena of this size is huge,” Mayor Brenda Locke said in the release.
“Bringing this arena to Surrey means creating jobs, investment, conference capacity and major sports, arts and entertainment like never before. We are already an economic powerhouse in the region, and this is another step in Surrey’s rise as a world-class city.”
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The city estimates the project will generate $2.4 billion in economic benefits over the next 10 years.
In addition to the arena, it will include a hotel, conference space and housing, according to the city government.
The arena will be built on land directly across from city hall and the Surrey Central SkyTrain Station, which the city will acquire through a land swap agreement of three city-owned lots in exchange for five lots at 10355 King George Blvd.
The Downtown Arena and Cultural Events Center is expected to be completed in 2030, at an estimated net cost of $360 million. The city said funding for the project is provided in the 2026 budget.
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