BCBusiness

September 2014 The Small Business Issue

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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C I T Y O F N E W W E S T M I N S T E R P r o m o t e d C o n t e n t biggest employer, Royal Columbian Hospital, is undergoing expansion plans; and Bentall Kennedy's development of the Sapperton Green site will add another mixed-use destination to the city. Meanwhile, a host of high-rise condominiums are either being constructed or in the final planning stages: the transformation of the historic Trapp+Holbrook block on Columbia Street is yet another stunning amalgamation of old and new downtown (in this case, a new high rise has become the core of a restored brownstone edifice); and Northbank by Ballenas will provide residents with stunning views of the Fraser River and quick access to the waterfront. Subterranean development is also brisk: as part of its Intelligent City plan, New Westminster recently approved an investigation into the prospect of assuming some of the control telecom companies have over Internet, television and phone prices. The idea is to develop its own fibre optic network (much of it below ground) and lease that capacity to the telcos; this in turn will allow companies to lease fibre at a lower cost from the municipality. The "new" New West emerging from all this activity is precisely what planners and community groups have envisioned for years, and with this infrastructure the city's current 11,000-strong population in the downtown core will grow comfortably to 15,400 by 2021; the city overall will expand from its current population of just under 66,000 to over 97,000 by 2031. Not surprisingly, there's still room for more makeovers in the future, thanks to the dedication of City Council and staff in consultation with the community. As will be demonstrated repeatedly at the 2014 Invest New West Economic Forum, New Westminster is a rare example of a place where the future is viewed with healthy optimism—an optimism resulting from the hard-won achievements of the past. ■ This promotional feature was prepared by BCBusiness magazine's Special Advertising Features Dept. Writer: Robin Brunet. For more information contact VP of corporate features John Cochrane at 604-299-7311. Email: jcochrane@canadawide.com

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