2) Maple Ridge & Pitt Meadows
6a) Dawson Creek
6b) Fort St. John
7) Comox Valley
10) Prince George
Cities and Towns in Greater vancouver and Fraser Valley...
When reviewing Surrey's economic fundamentals, we see an area going through a positive transition. Others have taken notice as well, as we are witnessing an increase in population and business growth. As the fastest growing city in Canada, Surrey is predicted to take Vancouver’s place as the largest city in British Columbia in coming years. With major transportation projects underway in the region, more people will be attracted to Surrey as a place to live and do business. In the next decade, the city will continue to see explosive population growth, one of the most important factors to consider when deciding where to invest. This population growth - combined with the major transportation improvements the region will be enjoying over the coming years, and the relatively affordable housing (when compared to other cities in the Lower Mainland region) - will continue to position Surrey as one of the top regions in the province for economic and real estate growth.
Maple Ridge & Pitt Meadows
This region has been hampered by poor transportation infrastructure for decades. Thus, property values have been historically lower than other areas located the same distance from the CBD. Of all the regions in the Lower Mainland, Maple Ridge and Pitt Meadows are poised to enjoy the most positive impact from the TransLink and Gateway Transportation improvements. This new accessibility will bring a strong and consistent growth to the region, not just in residents but also in companies relocating to a lower cost region. The construction of the bridges, along with the twinning of Highway 7, will add increased accessibility to the region, and shorten the commute times of residents working outside the city.
With a population of over 134,000 people, Abbotsford has earned the title of the 5th largest city in British Columbia. From transportation changes to increased localized job growth, to an increasing population, Abbotsford will continue to attract people from across the province. A new high tech park has recently been opened, and along with a major expansion of the commercial and industrial lands on the Mt. Lehman Corridor, this will help the economic diversification to continue into the near future. The recent release of 178.5 hectares from the Agricultural Land Reserve will add to the city’s available residential, commercial, and industrial development space, ensuring the city will witness even more growth in the next decade.