BCBusiness

January 2015 Best Cities for Work in B.C.

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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28 BCBusiness JANUARY 2015 illUstRAtioN: gRAhAm RoUmieU 1. multitask your way to a longer lie-in—eat breakfast, apply makeup, shave—plus you'll get that double seat to yourself every time. 2. Don't just listen to music, sing along. that way, you won't hear the other driv- ers honking at you. 3. make new friends. talk to fellow commuters—even the bus driver. 4. Why drive when you can hitch? experience life without a safety net not once but twice a day. 5. own the sidewalk and save valuable time by not getting out of the way—plus research shows a sense of control leads to better health. 6. make it about the journey. get off at an earlier exit or take a detour even if you don't have to. v i s u a l l e a R n i n g How to Make the Most of Your Commute 1 2 3 4 5 6 What YOu'll PaY reasons. With 99 per cent of his sporting goods merchandise coming from China, Olshansky says he needed a B.C. facility to process inventory coming through the West Coast. "For us to have a location in British Columbia made perfect sense. We needed to gain efficiencies and it didn't make sense to disrupt the supply chain by shipping to Ontario and then back west." Don't be boxed in by timing People forget how much time it takes to set up a location or relocate. John Lecky of Avison Young says companies should begin preparing their move early: "Looking before a lease is up gives you time to analyze the market." Retailer Olshansky spent more than a year looking around Metro Vancouver before signing a deal for his 75,000-square-foot distribution warehouse at the Golden Ears Business Park in Pitt Meadows. "We looked at dozens of places. We started with a big map and worked down from there." Be realistic about the area and its growth potential Don't make the mistake of believing neighbourhoods will transition into becoming the location you envision. The Tinseltown development in Vancouver's Chinatown, for instance, had big plans of becoming a luxury mall when it opened in 1999. "They went after brands like Versace, but the rest of the neighbourhood didn't give that location the boost it needed to succeed," says Rennie. • soURCe: CBRe Vancouver Retail marketview Report 2nd Quarter 2014 / 3rd Quarter 2014 FOR Retail FOR OFFiCe RoBson sTReeT (hornby st. to Jervis st.) $150–$300/sq. ft. DoWnToWn VAnCouVeR $35 per/sq. ft. W. 10TH AVenue (point grey) $30–$50/sq. ft. BRoADWAy CoRRiDoR $26 per/sq. ft.

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