Fraser Valley industrial is key to future jobs space

June 1, 2017 3:03 pm

business vancouver

With the land crunch in Metro Vancouver, developers of all stripes often look longingly across the Fraser River to the green fields of Surrey, Langley, Abbotsford and beyond for building sites. With some of the region’s most affordable housing, and land costs that make it economical for businesses that need large amounts of space to locate here, the region seems a field of dreams.

But the reality is that just 212 acres of readily developable industrial land exists in Abbotsford despite an industrial acreage of 2,069 acres; in Chilliwack, just 150 acres remains vacant in an inventory of 1,295 acres of zoned industrial land.

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