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Story summary
- Mayor Brenda Locke began demolition of the Safeway building for a 10,000-seat arena.
- The City Centre Arena project costs $360 million net, with a $198 million city investment.
- Surrey swapped three parcels valued at $116 million with Wesgroup Properties for the arena site.
- The Vancouver Giants will anchor the arena after moving from the Langley Events Centre.
- City estimates the arena will generate $2.4 billion and create 2,700 jobs over ten years.
