BCBusiness

October 2024 – Return of the Jedi?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

Issue link: http://digital.canadawide.com/i/1526186

Contents of this Issue

Navigation

Page 119 of 131

54 INVEST in BC 2 0 2 4 B U R N S L A K E W hile natural resource fortunes fluctuate, Burns Lake has been decidedly stable and sustainable as an innovative, forward-thinking community. The civil infrastructure for the town's latest fully serviced commercial development is ready for construction. Richmond Loop is a high-profile street at the gateway of Burns Lake, adjacent to the brand-new firehall and next door to the main shopping mall. These new lots are designed for new stores and food outlets interested in the combination of healthy resident population numbers and all the tourist and transport traffic Highway 16 has to offer. While most northern BC towns sprang up around a mine or a mill, Burns Lake has some added economic features that investors consistently find intriguing. In addition to the clear influence of agriculture, there's more than a century of tourism, led by Tweedsmuir Park's northern gateway and some of Canada's best mountain biking, as well as hundreds of forested lakes. Few small towns in the interior have quite the same kind of regional heartbeat. There are distinct communities all around Burns Lake, including six First Nations, all of them using the town as a goods and services centrepoint. The impressive array of lakes, rivers, mountains and valleys make it a natural meeting point. It has been that way for millennia. Modern amenities include the well- outfitted airport, railroad services and the highway intersections going both north and south, and east-west. This business magnetism is feeding future growth. The commercial opportunities of Richmond Loop are fed by the new residential development, Village Heights, at the popular north end of the town. Village Heights is located right on the doorstep of a recreational development already underway. The development planned for Village Heights links to the array of year-round activities aimed at the newly acquired Gowan Road property. The Gowan Road development is tucked tantalizingly between the existing Rod Reid Trail network, the existing Magee House Airbnb, and the nationally recognized mountain biking facilities at Kager Lake - Boer Mountain. With such economic stability, opportunity for growth and robust history, it isn't a surprise that Burns Lake is perfect for investment. With urban centres straining under affordability and infrastructure pressures, this is a town with an average house price of less than $300,000, where commutes are mere minutes, parking is free and the scenery never gets old. This is a town where new professionals want to establish their careers, young families can afford to own their own homes, and the community has plenty of lifestyle features—both financial and recreational—to allow almost anyone to carve their own path. Discover Burns Lake at burnslake.ca and connect on Facebook @Village of Burns Lake BURNS LAKE IS CARVING A STRONG, HEALTHY ECONOMIC PATH, SETTING IT APART IN RURAL BC Burns Lake.indd 1 Burns Lake.indd 1 2024-07-17 1:34 PM 2024-07-17 1:34 PM Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

Articles in this issue

Links on this page

Archives of this issue

view archives of BCBusiness - October 2024 – Return of the Jedi?