Delta landowners and developers who stand to gain from better access to Richmond and Vancouver are applauding the B.C. government's commitment to replace the 54-year-old George Massey Tunnel.
"The whole real estate picture south of the Fraser River for residential, industrial and commercial properties has been dramatically changed for the better with the announcement of the new bridge," said Century Group CEO Sean Hodgins.
Construction of the new bridge is slated to start in 2017.
Century Group owns 538 acres in Delta's Southlands district that it wants to redevelop by building 950 homes on 105 of those acres.
from Western Investor November 2013
