Looks like the denial was due to new owners 'Aoyuan' wanting to switch to market housing from rental. A rental building was approved at 3rd reading in 2017 and Council wanted a housing agreement at that time to ensure it remained rental. Council wants to see purpose-built rental in the area. Good for them denying this attempt to switch it.
"At the May 8, 2017 Regular Council – Public Hearing meeting, Council passed resolution R17-1496 directing staff to work with the applicant to draft a
Housing Agreement prior to final adoption.
The applicant has elected to proceed with a market strata development and will no longer proceed with a rental building. The Housing Agreement is therefore no longer required."
Sounds like Aoyuan will not be proceeding with the project now - and it may be up for sale.
Whoever becomes the new owner wishing to proceed with the rental project will now have to submit a new application but staff has advised that application would be expedited through the process.
Page 28 of the minutes document:
https://www.surrey.ca/bylawsandcounc...2018_06_25.pdf