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- Thursday - Nov. 21, 2024 - Industrial land value on the rise
Thursday - Nov. 21, 2024 - Industrial land value on the rise
Grace Kennedy
November 21, 2024
🌦 High 8C
Good morning!
To anyone wondering why Tuesday’s “bomb cyclone” never materialized—it looks like you were just in the wrong (or the right) place. Yesterday, highways were closed and thousands of people were without power on Vancouver Island. At least two people in the United States died when winds pushed trees onto their homes.
Meteorology is a science of fortune telling—predicting the future based on swirling clouds and temperature gauges. As journalists, it’s our job to give you a heads up when it looks like something big is coming to the Fraser Valley. As readers, it’s your job to remember that science only takes us so far.
– Grace
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Traffic & Weather
🌤 Local forecast: Langley | Chilliwack | Abbotsford | Hope (We have had to temporarily change our forecast links to the Weather Network due to a technical error.)
🚘 Driving today? Check the current traffic situation via Google, and find DriveBC’s latest updates.
NEWS
Langley tests citizens’ assembly to cool ‘hot takes’
Langley City is considering creating a representative citizens’ assembly to look for solutions to community problems. 📷 Grace Kennedy
Langley City Mayor Nathan Pachal believes a made-in-BC approach to constituent engagement can help cool political tensions—even if it’s just in his community.
This fall, after two years of planning, Langley City will potentially launch a new “citizens’ assembly,” bringing together a group of residents to deliberate on social issues facing the city and come up with potential solutions.
Pachal first suggested the idea in 2022, when he was a councillor hoping to increase public safety in the community. This summer, Langley City finally tested the initiative. And in December, council will decide what place the citizens’ assembly has in the city’s future.
Related
Need to Know
🚑 A man died after he was hit by a vehicle in Abbotsford Tuesday evening [Abbotsford News]
🕯 Residents in Hope and the Fraser Canyon were without power for half of Wednesday due to a transmission circuit failure [Hope Standard]
🚴♀️ An Abbotsford couple is halfway through their cycling journey across five continents to raise money for charity [Abbotsford News]
🚒 A Langley public health building was evacuated Wednesday [Langley Advance Times]
🗳 The BC Conservatives have revealed their shadow cabinet; newcomer and Chilliwack-Cultus Lake MLA Á’a:líya Warbus is house leader, Langley’s Harman Banghu is the shadow minister of transportation [Rob Shaw/BlueSky] / You can read our profile of Warbus from this spring here [FVC]
🔵 Tyler has a starter-pack of Fraser Valley journalists you can follow on BlueSky, for those wanting to get local news on the platform [Tyler Olsen/BlueSky]
🏥 Chilliwack councillor Bud Mercer called Fraser Health ‘inept’ after his experience at the area’s after-hours urgent care centre [Fraser Valley Today]
📃 People seeking addiction treatment in BC are more likely to leave waitlists than get get care, according to documents obtained through a FOI request [Investigative Journalism Foundation]
📭 The Canada Post strike is approaching the one-week mark, and people waiting for passports and other official documents are getting antsy [CBC]
🦠 The Richmond teen hospitalized with bird flu may have a mutated version of the virus that makes it more transmissible among people; its not clear if the virus had changed before or during the teen’s illness [The Guardian]
📸 CURRENT CAM: Congratulations to Adrian Reimer, who was the first to identify this week’s Current Cam as Sidhu and Sons Nursery on Tremblay Island near Deroche. (You can take a photo tour of the nursery here.)
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The Agenda
A eight-acre chunk of land in Chilliwack’s industrial area has been listed for $32 million. 📷 Realtor.ca
Industrial land value rapidly increasing
An eight-acre property in Chilliwack highlights the skyrocketing price of industrial land in the Fraser Valley.
In 2021, a developer bought two adjacent Lickman Road properties for $22.2 million. A Marriott hotel and strip mall is already being constructed on the smaller of the two properties, which once was home to a Tim Hortons and a liquor store.
And now, the owner is looking to sell the larger of the two chunks of land for vastly more than the combined price of the properties just three years ago. The still-vacant eight-acre chunk of land, which is adjacent to the CN rail line, has been listed for sale for $32 million. That's $10 million more than the amount used to purchase both that land, and the hotel property's site.
But if $4 million per acre seems steep, it's not in this day and age. Other industrial properties in the valley are listed for comparable prices, if not more. A two-acre property in southern Abbotsford is listed for $10 million and a five-acre lot in Mission is listed for $18 million.
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Classifieds
Annual Pottery Sale in Abbotsford [LINK]
For Sale, 2017 truck camper, $27,000 [email protected]
Annual FVC members can find a link to submit their annual classified in the weekly FVC Insiders Edition. Become a FVC member here.
🗓 Things to do this week/end
🎸 Fundraiser concert: Local musicians come together to support 2021 landslide victims in the Chilliwack River Valley in a fundraiser concert on Saturday. The concert will support residents in the Chilliwack River Valley who have homes that are unsafe to inhabit after the atmospheric river, but who have not received financial assistance. Tickets are $15. Details online.
🌿 Plant workshop: The Fraser Valley Conservancy hosts a hands-on workshop with the City of Abbotsford on Saturday, from 10am to noon. Learn to use live tree stakes to support native species and riparian ecosystems. Details online.
🎨 Art show: The Ruby Creek Art Gallery hosts its annual art gala on Saturday from 5 to 8pm. Join for an evening of First Nations art, live music, appetizers, door prizes and more. Limited tickets are available. Details online.
Want even more? Insider members get a weekly round up of holiday markets every Thursday during the holiday season, plus a Saturday edition with behind-the-scenes content. Becoming a member costs less than $2 a week and helps support the ongoing production of The Current’s newsletters and in-depth journalism. Become a member here.
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