hope bc industrial opportunities study

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Colliers International was commissioned to produce an Industrial Opportunities analysis. The scope includes a review of land, available labor force and business activity.

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Page 1: Hope BC Industrial Opportunities Study
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0-2 Acres 2-5 Acres >5 Acres Total Developable*

Number of

Properties

31 12 13 56 55

Acreage 16.5 39.1 127 227.2 172.6

*Includes underdeveloped sites with some existing industrial use

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NameOppurtunit

y IDType Size Address

Distance to

HwyZoning Price

1. Light Industrial / Service lands at

exit 165 in Hope BC

ID # 886 Commercial and

Industrial Lands

33 acres

gross (22

acres usable)

61900 and 62100 Trans

Canada Highway, Hope, BC

V0X1L2

0.1 km I-2 General

Industrial

$2,200,000.00

2. Prime Trans Canada Exposure

with easy Freeway access

ID # 836 Commercial and

Industrial Lands

16.81 Acres 19700 Klassen Road, Hope,

BC V0X1L2

0.1 km RU-1 Rural $945,000.00

3. Funicular Railway Investment

Opportunity

ID #549 Tourism and

Accommodations

17 Acres 64295 Flood Hope Rd, Hope,

BC V0X 1L1

0.15 km 23,000,000.00

4. Level and Drained Light/Service

Industrial land across from New

Highway Commercial Development

ID # 581 Commercial and

Industrial Lands

6.73 Acres 63170 Floodhope Rd, Hope,

BC V0X 1L0

1 km $2,200,000.00

5. Raill Accessible Light Service

Industry Opportunity

ID # 578 Commercial and

Industrial Lands

22 Acres 999 5th Avenue, Hope, BC

V0X 1L0

1 km

6. Highway Frontage - Development

Property

ID # 540 Commercial and

Industrial Lands

15.5 Acres 62890 Flood Hope Road,

Hope, BC V0X 1L2

1 km C-2 $4,300,000.00

7. 2.64 Acres Available in

Downtown Hope

ID # 366 Commercial and

Industrial Lands

2.64 Acres 1148 and 1188 6th Avenue,

Hope, BC V0X 1L4

0.5 km I-2 (General

Industrial

Zoning)

$1,450,000.00

8. Lifestyle Community

Development Opportunity

ID # 172 Tourism and

Accommodations

129 Acres 22250 - 22554 Ross Road,

Hope, BC V0X 1L3

2 km RU-1 Rural $2,880,000.00

9. Former commercial composting

facility; full range of agro-industrial

potential uses

ID #856 Buildings and Infrastructure 59600 Lougheed Highway, BC

V0M1A2

0.1 km I-1

Page 8: Hope BC Industrial Opportunities Study

Municipality Lease Rate Range Land Price Range / Acre*

Vancouver $6.50 - $12.00 $2,000,000 - $5,000,000

Burnaby $6.00 - $9.50 $1,300,000 - $2,000,000

North Vancouver $10.00 - $15.00 $2,500,000 - $3,300,000

Richmond $6.00 - $9.50 $1,300,000 - $1,700,000

Delta $5.00 - $9.00 $950,000 - $1,200,000

New Westminster $5.00 - $7.50 $1,100,000 - $1,500,000

Coquitlam $6.00 - $9.50 $1,200,000 - $1,600,000

Port Coquitlam $5.50 - $8.50 $1,100,000 - $1,400,000

Surrey $6.00 - $8.25 $750,000 - $1,300,000

Langley $6.00 - $8.50 $750,000 - $1,300,000

Maple Ridge $5.50 - $7.75 $700,000 - $800,000

Abbotsford $5.50 - $8.00 $700,000 - $850,000

Chilliwack $5.50 - $7.75 $550,000 - $600,000

Mission $5.00 - $6.50 $500,000 - $600,000

Hope $5.50 - $7.00 $250,000 - $350,000

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Labour Force by Industry Number of

persons

% Hope % BC

Total labour force 15 years and over 2 ,975 100.00% 100.00%

Industry - Not applicable 5 5 1.80% 1.50%

All industries 2 ,920 98.20% 98.50%

Agriculture, forestry, fishing, hunting 1 10 3.70% 3.40%

Mining and oil & gas extraction 2 0 0.70% 0.90%

Utilities 1 0 0.30% 0.50%

Construction 2 30 7.70% 7.50%

Manufacturing 1 40 4.70% 8.50%

Wholesale trade 1 00 3.40% 4.10%

Retail trade 3 00 10.10% 11.20%

Transportation & warehousing 2 35 7.90% 5.20%

Information & cultural industries 7 0 2.40% 2.60%

Finance & insurance 5 0 1.70% 3.80%

Real estate & rental & leasing 3 5 1.20% 2.30%

Professional, scientific & tech.

services 3 5 1.20% 7.30%

Management of companies &

enterprises - - 0.00% 0.10%

Admin. & support, waste m'gement &

remediation 1 00 3.40% 4.40%

Educational services 2 15 7.20% 6.90%

Health care & social assistance 3 75 12.60% 9.60%

Arts, entertainment & recreation 4 0 1.30% 2.30%

Accommodation & food services 5 05 17.00% 8.10%

Other services (exc. public admin.) 1 75 5.90% 4.90%

Public administration 1 80 6.10% 5.00%

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Research and Development

Design

Commercialization

Supply/finance

Production/assembly

Marketing/sales/distribution

After sales service

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Road congestion and ease of access;

Cost;

Access to labour force

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TOTAL Businesses All Sizes

Britsh Columbia Dec 07 Dec 08 Dec 09 Dec 10 Dec 11

11- Agric., Forestry, Fishing & Hunt 16,059 15,628 15,302 15,134 15,499

21- Mining & Oil & Gas Extract. 2,136 2,065 2,117 2,220 2,151

22- Utilities 392 363 367 363 365

23- Construction 48,176 49,472 50,658 51,926 51,237

31- Manufacturing (31-33) 12,943 12,363 12,125 11,824 11,287

41- Wholesale Trade 18,032 17,821 17,113 16,471 15,812

Total of the above industries 97,738 97,712 97,682 97,938 96,351

-0.03% -0.03% 0.26% -1.62%

Total, All Industries 357,038 360,882 362,665 370,262 368,879

0.49% 2.09% -0.37%

TOTAL Businesses All Sizes

Greater Vancouver Dec 07 Dec 08 Dec 09 Dec 10 Dec 11

11- Agric., Forestry, Fishing & Hunt 2,628 2,587 2,594 2,564 2,690

21- Mining & Oil & Gas Extract. 1,001 939 971 1,050 1,061

22- Utilities 122 121 126 129 119

23- Construction 22,781 23,244 23,915 24,521 24,493

31- Manufacturing (31-33) 7,088 6,743 6,589 6,404 6,110

41- Wholesale Trade 12,397 11,911 11,447 10,988 10,522

Total of the above industries 46017 45545 45642 45656 44995

-1.03% 0.21% 0.03% -1.45%

Total, All Industries 193,632 194,675 195,848 200,423 199,833

0.54% 0.60% 2.34% -0.29%

TOTAL Businesses All Sizes

Fraser Valley Dec 07 Dec 08 Dec 09 Dec 10 Dec 11

11- Agric., Forestry, Fishing & Hunt 1,906 1,985 1,948 1,978 1,998

21- Mining & Oil & Gas Extract. 39 39 40 43 38

22- Utilities 17 13 9 11 12

23- Construction 3,609 3,785 3,858 3,924 3,842

31- Manufacturing (31-33) 816 791 763 749 739

41- Wholesale Trade 725 746 707 681 656

Total of the above industries 7112 7359 7325 7386 7285

3.47% -0.46% 0.83% -1.37%

Total, All Industries 18,731 19,520 19,661 20,025 19,946

4.21% 0.72% 1.85% -0.39%

Page 24: Hope BC Industrial Opportunities Study

NAICS industry Fraser Valley Greater Vancouver British Columbia

Dec 11 % total Dec 11 % total Dec 11 % total

11-Agric., Forestry, Fishing & … 1,998 10.02% 2,690 1.35% 15,499 4.20%

21-Mining & Oil & Gas Extract. 38 0.19% 1,061 0.53% 2,151 0.58%

22-Utilities 12 0.06% 119 0.06% 365 0.10%

23-Construction 3,842 19.26% 24,493 12.26% 51,237 13.89%

31-Manufacturing (31-33) 739 3.71% 6,110 3.06% 11,287 3.06%

41-Wholesale Trade 656 3.29% 10,522 5.27% 15,812 4.29%

Total, All Industries 19,946 199,833 368,879

All sizes No

employees

1 to 4 5 to 9 10 to 19 Less than

20

20 to 49 50 to199 200 plus

British Columbia

11-Agric., Forestry, Fishing & Hunt15,499 8,567 4,322 1,292 699 6,313 436 165 18

21-Mining & Oil & Gas Extract. 2,151 1,106 587 192 131 910 75 48 12

22-Utilities 365 155 104 40 24 168 19 17 6

23-Construction 51,237 30,226 13,404 4,160 1,976 19,540 1,040 391 40

31-Manufacturing (31-33) 11,287 4,141 2,844 1,548 1,209 5,601 889 541 115

41-Wholesale Trade 15,812 6,507 4,692 2,238 1,320 8,250 785 253 17

Total, All Industries 368,879 195,290 98,677 34,744 20,999 154,420 12,735 5,473 961

Greater Vancouver

11-Agric., Forestry, Fishing & Hunt2,690 1,534 629 230 136 995 108 48 5

21-Mining & Oil & Gas Extract. 1,061 638 227 88 64 379 27 13 4

22-Utilities 119 58 21 16 8 45 5 5 6

23-Construction 24,493 15,183 5,939 1,722 867 8,528 529 222 31

31-Manufacturing (31-33) 6,110 2,123 1,478 860 694 3,032 558 339 58

41-Wholesale Trade 10,522 4,417 3,224 1,336 839 5,399 501 190 15

Total, All Industries 199,833 109,418 52,712 16,921 10,461 80,094 6,678 3,069 574

Fraser Valley

11-Agric., Forestry, Fishing & Hunt1,998 835 707 256 113 1,076 53 32 2

21-Mining & Oil & Gas Extract. 38 17 6 8 7 21 - - -

22-Utilities 12 4 6 - - 6 - 2 -

23-Construction 3,842 2,308 1,010 303 140 1,453 59 19 3

31-Manufacturing (31-33) 739 272 188 86 84 358 65 40 4

41-Wholesale Trade 656 281 178 92 70 340 27 8 -

Total, All Industries 19,946 10,483 5,362 1,970 1,192 8,524 617 285 37

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2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

British Columbia 5,659,415 6,394,238 7,938,727 10,191,099 11,541,532 12,544,691 10,577,155 7,629,885 9,723,809 9,249,767

Greater Vancouver RD3,585,292 3,677,471 4,842,765 5,650,982 6,617,381 7,011,139 5,587,958 3,889,824 5,737,139 5,767,699

Fraser-Valley RD 274,864 297,979 361,175 499,579 593,276 550,918 539,448 339,850 398,011 414,494

Hope, DM 4,493 3,830 4,818 7,335 10,314 6,670 7,766 12,347 4,434 7,676

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

British Columbia 230,119 244,024 328,050 346,203 358,843 323,893 292,221 245,157 241,608 357,707

Greater Vancouver RD129,291 90,082 140,419 148,198 172,413 124,205 124,198 94,177 90,534 135,674

Fraser-Valley RD 28,718 29,143 55,213 37,637 52,806 38,634 40,562 40,379 23,375 35,430

Hope, DM 11 6 33 759 - 983 68 51 104 1,707

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