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Simon Fraser University buys Vancouver-area parcel for Surrey campus expansion

University pays $34.6 million for 1.32-acre site to support Center Block 'town-and-gown' co-development to include a new School of Medicine
Simon Fraser University's Surrey campus land acquisition is part of a provincial strategy to expand academic and research facilities in Metropolitan Vancouver, to include the new Simon Fraser University School of Medicine, the first new medical school to open in Western Canada in nearly 60 years. (CoStar)
Simon Fraser University's Surrey campus land acquisition is part of a provincial strategy to expand academic and research facilities in Metropolitan Vancouver, to include the new Simon Fraser University School of Medicine, the first new medical school to open in Western Canada in nearly 60 years. (CoStar)
By Melissa Rosenberger with
CoStar AI
CoStar Research
May 13, 2026 | 5:12 P.M.

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Simon Fraser University acquired a 72% beneficial interest in a 1.32‑acre land parcel located at 10270 University Dr. in Surrey City Centre, British Columbia, from the City of Surrey Real Estate Services for $34.6 million, or approximately $26.24 million per acre.

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