Development and Growth potential sits high on the priority list for The Langley Township
Taken from the Township of Langley's website - The Township of Langley has grown steadily year after year, with a five-year average building permit value of $382.7 million per year or a total of $4.02 billion over the past decade. Not surprisingly, the greatest growth has been in residential development over the past five years, averaging 1597 residential units per year, of which 885 are multi-family residential. Most growth has occurred in the Willoughby area, including Carvolth, Yorkson and Georgetown, followed by Murrayville. Commercial Buildings are averaging investments of over $15.74 million per year, while industrial buildings are at $20.58 million and institutional at $29.16 million per year averaged over the past five years. Farm development activity has fluctuated over the past five years, resting at an average annual investment of over $13.26 million. These figures are not indicative of the importance of this sector. According to the 2016 Census of Agriculture, the Township of Langley generated $340 million on agricultural land, the highest out of all municipalities in Metro Vancouver.