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Issue link: http://digital.canadawide.com/i/1254353
COQUITLAM INVEST, INNOVATE & GROW IN COQUITLAM POPULATION: 150,000 The City of Coquitlam, located in the heart of Metro Vancouver, is one of the fastest growing communities in BC. The population of Coquitlam is estimated to be 176,000 by 2021 and 224,000 by 2041. Coquitlam's proximity to Vancouver, access to markets, transportation and housing options, recreation opportunities, a highly educated labour force, open and accessible local government and innovative business community are some of the factors that are driving growth. ECONOMIC GROWTH Coquitlam is experiencing tremendous economic growth. Investment in public projects combined with significant investment in private sector developments (an average of $445M per year in building permit values the past five years), along with the growth of the business community, have made Coquitlam a popular destination for business. PROXIMITY TO MARKETS Coquitlam is located in the geographic centre of the lower mainland and is 40 minutes from downtown Vancouver and 40 minutes from the US border. Coquitlam provides excellent access to the 2 million plus Metro Vancouver market and the 10 million citizen trading area that stretches from Vancouver, BC, to Oregon in the United States. Coquitlam's proximity to the Vancouver and Abbotsford International airports and Port of Metro Vancouver also provides businesses with convenient access to the Pacific Rim. TRANSPORTATION, INFRASTRUCTURE AND TECHNOLOGY Coquitlam offers direct access to NANCY SHIELDS major highways, railways, rapid transit (SkyTrain) and ports. The City owns QNet, a 90 km fibre network that provides low-cost broadband services to businesses and residents. QUALIT Y OF LIFE Coquitlam has competitive housing prices, diverse housing types, high quality education options, diverse dining and shopping choices and accessible transportation services like buses, SkyTrain and the West Coast Express commuter train. Coquitlam has vast recreation opportunities, a variety of sport and cultural amenities and an expanding network of civic facilities. The City is also home to an extensive trail network and a variety of natural areas including provincial, regional and municipal parks, such as Mundy Park and the award winning Town Centre Park. SUPPORTING BUSINESS SUCCESS The City of Coquitlam is committed to creating a business environment that fosters business growth and prosperity. The City has streamlined processes and is committed to the continuous improvement of the business environment. Contact us to learn more about the Coquitlam advantage. COQUITLAM - ECONOMIC DEVELOPMENT P: 604-927-3905 E: economicdevelopment@ coquitlam.ca CityofCoquitlam_Promoted.indd 32 2020-05-20 2:07 PM INVEST in BC 2 0 2 0 23 Official Publication of the BC Economic Development Association. In special partnership with BCBusiness.