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.

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INVEST in BC 2 0 2 4 41 Official Publication of the BC Economic Development Association in special partnership with BCBusiness. 250.550.3249 | ecdev@vernon.ca | investvernon.ca ACTIVATE YOUR BUSINESS VERNON, BRITISH COLUMBIA Consistently voted as one of the Best Cities for Work in BC, Vernon offers a thriving business community with unmatched quality of life. Join the revolution of work/life balance and contact us today to find out how you can join in the success. V ernon, B.C. is alive with the buzz of a community on the move. Home to nearly 50,000 and serving as the central hub for the North Okanagan, Vernon is emerging as a community on the rise, attracting investors, entrepre- neurs, and new residents. Each year, nearly 1,000 new residents are making the move and calling Vernon home for its quality of life, affordability and opportunities. Savvy entrepreneurs are seizing on Vernon's growth by quickly bringing new concepts to the community, including wineries and breweries, technology, manufacturing, development, and professional and personal services to meet the needs of a growing community. Vernon recently adopted a new Zoning Bylaw, which has created opportunities for more multi-family and commercial development while streamlining the development processes. As such, development activity flourishes with more than 400,000 square feet of new light industrial buildings under development, numerous purpose-built rental buildings in process, and the recent groundbreaking on a new $130-million Active Living Centre (recreation centre), just to highlight a few! Reach out to the City's Economic Development and Partnerships Office to learn more about VERNON's opportunities today. John Perrott, Manager, Economic Development & Partnerships jperrott@vernon.ca | 250-550-3249 A COMMUNITY ON THE RISE V E R N O N Vernon.indd 1 Vernon.indd 1 2024-07-29 10:47 AM 2024-07-29 10:47 AM A t the District of Elkford, we've been working hard to prepare for your investment. We've overhauled our downtown zoning to be flexible as it gets and upgraded our downtown infrastructure to help your businesses thrive. We've also added downtown tax exemptions and simplified our approval processes so that whether you're investing in residential, commercial or light industrial space, developing in Elkford is faster and easier than ever before. Why invest in Elkford? Our land continues to increase in value while remaining the most affordable in the Elk Valley, and our regional economy shows long-term growth that has increased demand for more local services, businesses, industrial and commercial development and housing construction. Our community is safe and clean, with low crime rates, crisp mountain air and 360-degree mountain views—and our population reports a significantly higher income than the provincial average. Virtually view land at elkford. ca/maps, or visit elkford.ca/ invest to browse available land parcels and see the results of major public investments in quality of life and future growth (including nearly $10 million recently invested into infrastructure in our growing downtown). Ready to invest or book your in-person site tour? Contact us at 250-865-4000 or business@elkford.ca. Connect on Facebook @district.elkford WILD AT HEART? DISCOVER ELKFORD E L K F O R D

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