Economic Development in the Tri-Cites - 2010

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2010 ECONOMIC DEVELOPMENT in the Tri-Cities COQUITLAM • PORT COQUITLAM • PORT MOODY

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Coquitlam, Port Coquitlam, Port Moody

Transcript of Economic Development in the Tri-Cites - 2010

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2010

Economic DEvElopmEnt

in the Tri-CitiesCOQUITLAM • PORT COQUITLAM • PORT MOODY

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ED � Tri-Cities Economic Development Magazine 2010

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Tri-Cities Economic Development Magazine 2010 ED �

CONTENTS

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MEssagEs From the publisher and Chamber of Commerce.......................................4CoquitlaM A city poised for continued growth..... 6 &7high tEChnologyCoquitlam Q-Net high-tech advantage........... 8lanDs of opportunityCoquitlam business growth opportunities...... 9in naturECoquitlam, where nature abounds.............10DivErsityCoquitlam has strength in its diversity........11port CoquitlaM Has a winning combination........12&13BusinEssEsPort Coquitlam is open for business...........14ConnECtions Roads, rivers and rails.................................15CoMMunity statistiCsCoquitlam, Port Coquitlam& Port Moody....................................17-19port MooDyA bold plan for the future...........22&23inlEt CEntrEPort Moody’s vibrant neighbourhood.........24City of thE artsPort Moody arts and culture.......................25transportation fEaturEA well-connected region.............................29arts & CulturEArts investment pays off ..................................30

tEChnologyCoquitlam goes high-tech

transportationGetting around

arts & CulturEArts investment pays off

Economic DEvElopmEnt

in theTri-Cities

COQUITLAM • PORT COQUITLAM • PORT MOODY

2010 Magazine

Economic Development in the Tri-Cities is published and distributed by The NOW Newspaper, a member of Canwest Community Publishing. Reproduction prohibited. Copyright protected.

business community

welcome to our

Coquitlam. Port Coquitlam. Port Moody.On their own, they’re three of the 22 cities that make

up Metro Vancouver, Canada’s third-largest urban centre.

As a whole, they’re in the geographic sweet spot of this exciting region — far enough away from the central business district of Downtown Vancouver to offer affordable office and warehouse space, yet close enough to have an urban feel.

Far enough away to offer breathing space and recreational opportunities, yet close enough to provide an educated workforce and an ethnically diverse population of nearly 200,000 people.

Whether you’re looking for a built-in market for your product or service, or easy connections to Vancouver, the Canada-U.S. border or Vancouver International Airport, you’ll find it in the Tri-Cities.

Read on, and discover the many ways this region is open for business. Your business.

PUBLISHERBrad Alden

EDITORLeneen Robb

DIREcTOR Of SaLES & maRkETIngCatherine Ackerman

aDvERTISIng cOnSULTanTSKim BoekhorstKimberly ChoinierePat Jacques

Kate LeonardSanjay Sharma

PRODUcTIOn managERGary E. Slavin

gRaPHIc DESIgnERRona Eastman-Magee

PRODUcTIOn Lynne BoucherNola BowlingDoug McMasterLaura PowellTony Sherman

cOqUITLam nOW nEWSPaPERSis located at:#201A 3430 Brighton Ave. Burnaby, B.C. V5A 3H4

604-444-3451

www.thenownews.com

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Welcome to the Tri-Cities: a region with three wonderful cities and two villages, each offering fantastic potential to do business. The Tri-Cities Chamber of Commerce is a great place to start if you are thinking about relocating or starting your business here. We are the most dynamic comprehensive business organization and champion of a pro-business environment in the region.

The Chamber is a non-profit organization that provides leadership and business services to advance economic development in our area. We vigorously represent a diverse membership of approximately 850 businesses. Membership is considered an investment in both busi-ness and the economic health of the Tri-Cities.

We are committed to promoting business and com-munity growth by holding regular programs and events designed to strengthen and expand the income potential of all businesses. As a support mechanism to existing and prospective businesses, we advocate for policy, provide resources and generate opportunities to increase business. We are united with other organizations around the region, including tourism and hospitality, to create a more attractive place to visit and do business. We are passionate about improving the community while we grow healthy businesses.

Each area in this exciting region offers unique pros-pects, providing potential for all businesses, from very small to large corporations. Targeted information will give you a basis and starting point for your reference and the leading edge for your business needs. We invite you to see why so many businesses have chosen to locate in the Tri-Cities. Contact us at 604-464-2716 or [email protected].

from the

chamber

an inside viewBrad

ALDENPublisher

Coquitlam NOW

Economic development is one of those classic eye-of-the-beholder terms that mean truly divergent things to different people.

To the developer, it is breaking ground on a new project. To city building departments, it is the planning, zoning and engineering required to ensure the project fits the bigger picture, can be safely and easily accessed and has the amenities expected in the 21st century. To the bridge builder, it is one thing; to the harried truck driver, another.

In the last decade, few communities in Metro Vancouver have been as affected by the factors surrounding economic development as the Tri-Cities. Whether glancing up at our mountains or gazing down at the mighty Fraser River, only a hint of imagination is required to realize the enormity of opportunity and challenge something so basic as our place on the map brings us.

Publishing news and information specific to the Tri-Cities for more than 26 years gives us a unique viewpoint. Creating this first edition magazine has given us an opportunity to reflect on what a diverse, culturally progressive, innovative, commercially successful and picturesque place the Tri-Cities is. We have enjoyed the endeavour and hope you both enjoy and use the publication.

We dedicate it to the residents of Coquitlam, Port Coquitlam and Port Moody who have chosen this beautiful place to call home, the city governments that enable the progression of economic development, the businesses that make it tick and the Tri-Cities Chamber of Commerce, which truly reflects the heartbeat of local business.

from the

publisher

SuzetteMcFAUL

CEOTri-Cities Chamber

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O v e r v i e w - C o q u i t l a m

educated, affluent and increasingly diverse population.

“What’s really exciting is how this area has come together. We are seeing the establishment of a complete community. We have a strong business and institu-tional base, and in the area between these bases we are developing a vibrant urban neighbourhood providing access to many opportunities.”

The area has developed a decidedly urban look to it, with storefronts on the streets and an urban corridor that leads from the City Hall complex into the City Centre neighbourhood. The City Centre neighbourhood is a 10-minute walk from Coquitlam Station, a transit hub that con-nects residents and commuters with buses and the West Coast Express Station, where trains bring commuters into Downtown Vancouver in just 30 minutes.

Public transit has played a prominent role in Coquitlam’s efforts to establish the City Centre neighbourhood. Rapid transit to Coquitlam City Centre and Douglas College has been under consideration for 25 years; engineering design is now well underway, with completion scheduled for 2013.

Stewart predicts that when people start to see the quality of life found in Coquitlam, and the range of cultural and recreational opportunities available, business develop-

ment will increase.Coquitlam’s mayor considers this to be

good news, as he is focused on significant-ly increasing the city’s employment base. He believes the Evergreen Line and the ex-pansion of the Port Mann Bridge will drive employment opportunities in Coquitlam.

In the longer term, he believes, all of these infrastructure improvements will lead to new opportunities for business development in the city, which will rein-force Coquitlam’s central role as a leader in economic development in the region.

F or over 30 years, Coquitlam has been home to one of the Lower Mainland’s best shopping centres, notes Mayor Richard Stewart.

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For information about Coquitlam’s opportunities, call us today at 604.927.3442

Diverse by Nature

Unparalleled Opportunities // Diverse Community // Amazing Setting

City of Coquitlam

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Coquitlama city poised for continued growth

Over the last 20 years, Coquitlam has grown from a sleepy suburb to a bustling urban centre. This once-small community is poised for continued growth, and the City is ready to meet the challenge.

“I remember delivering pizza along these very streets when I was a teenager. Many of these streets weren’t even here — a lot of this was just bush,” says Wayne Beggs, manager of economic development for the City of Coquitlam, as he recalls his days as a pizza delivery driver in the area that has emerged as Coquitlam’s city centre. “Even back then, Coquitlam was a very progres-sive community. It took a lot of foresight by the City to plan ahead and build the assets that can now be found in our city centre.”

Coquitlam City Centre boasts amenities like the Evergreen Cultural Centre and The-atre, the City Centre Aquatic Complex, the Glen Pine Pavilion Seniors’ Centre, Douglas College’s David Lam Campus, along with

City Hall, a library and a police station. All of these amenities are within easy ac-cess of the 103.5-acre Town Centre Park, featuring a world-renowned tournament field complex.

Coquitlam Centre is a major regional shopping centre, with more than 170 stores, which sits on the southern edge of the new city centre. It continues to be a magnet for growth and is one of the larg-est shopping centres in British Columbia. When H&M came to Metro Vancouver, it opened its first store in Coquitlam. T&T Supermarket, which caters to Coquitlam’s large Asian community, helped anchor the recently built north extension of Coquitlam Centre mall.

“For over 30 years, Coquitlam has been home to one of the Lower Mainland’s best shopping centres,” notes Coquitlam Mayor Richard Stewart. “We have the population mix that retailers are looking for — a highly

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201, 1120 Westwood St., CoquitlamEmail: [email protected]

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Q-Net is a city-owned fibre optic network, believed to be the first of its kind in North America. It stretches across the city and provides a connection alternative to tradi-tional carriers.

While the risk of placing all computer hub infrastructure in Downtown Vancouver has been exposed by recent fires and over-loads of network resources, Q-Net offers a significant advantage for companies that need broadband, and lots of it.

“Our network has virtually no capac-ity constraints, so we are able to ensure greater certainty for our customers,” city manager Peter Steblin says.

While you and I might be able to get by without access to our Facebook accounts

for a couple of hours, certainty of high-speed infrastructure is crucial to companies that rely on the Internet for revenue.

For example, BC Ferries’ reservation sys-tem was among the functions impacted by a circuit overload in Vancouver. Q-Net does not have the same fibre optic network capacity challenges that face companies operating in Downtown Vancouver.

And to stay far ahead, Coquitlam is work-ing with several sponsors and partner orga-nizations to expand the reach of Q-Net.

Q-Net high-tech advantage

C o q u i t l a m high-technology

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The City of Coquitlam is home to a num-ber of strategically located employment-generating lands.

“As a city, we have worked hard to estab-lish complete neighbourhoods where one is able to work and live,” says city manager Peter Steblin. “An example is council’s recent decision to rezone the Fraser Mills site in Southwest Coquitlam. We have designed a waterfront community that will house thousands of new citizens and will create unique spaces for small-scale indus-trial development.”

Coquitlam’s employment-generating lands, many of which are situated on the city’s southern part near the Fraser River,

possess amazing access attributes. Served by the Braid Street SkyTrain Station and crossed by Highway 1 and the Lougheed Highway, this area is almost exactly the geographic centre of the Lower Mainland. This central location led to the establish-ment of a destination furniture shopping cluster on United Boulevard, anchored by Canada’s largest Ikea store.

The lands between Coquitlam Centre and Douglas College have also been transformed into a thriving high-density urban centre. The City is now working with various partners to ensure that SkyTrain’s arrival creates even more opportunities in Coquitlam City Centre.

Coquitlam’s growth means business opportunities

C o q u i t l a m lands of opportunity

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C o q u i t l a m in nature

Imagine paddling out onto the blue-green waters of the Pitt River, the sun at your back and the imposing snow-capped Golden Ears to your right. You’re headed to Widgeon Creek, part of the 94,000-acre Pinecone-Burke Provincial Park that sits on the city’s northern border.

That’s the equivalent of close to 100 Stanley Parks bor-dering Coquitlam. Your destination is a wetland area at the entrance to Pitt Lake. A canoeist’s paradise, Widgeon Creek offers wildlife viewing and hiking opportunities. It is one of a series of unique areas that sit on Coquitlam’s northern flank.

Mayor Richard Stewart notes, for example, that when peo-ple think of mountain tourism in the Vancouver area, North Vancouver, West Vancouver and Whistler come to mind.

“Many people in Coquitlam like it that way,” Stewart says. With two large mountains, Eagle and Burke Mountain, imme-diately to the north of Coquitlam’s newest neighbourhoods, the city’s access to outdoor pursuits rivals that of North and West Vancouver. “We don’t have ski hills on top of these mountains, but that is part of what makes them so special,” Stewart adds. “They are relatively unspoiled.”

natural wonders abound

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Once a microcosm of early Canada, Coquitlam was home to primarily aborigi-nal, francophone and British populations. Coquitlam’s early diversity has continued, with Eastern European settlers and new residents from China, Japan and other countries. More recently, a great number of Korean, Chinese and Iranian immigrants have made Coquitlam home.

School District No. 43 (Coquitlam) has one of the most diverse student popula-tions of any jurisdiction in Canada, and the district broadens exposure to world students through the operation of one of Canada’s largest international student programs.

Coquitlam recently signed a Friendship City Agreement with the City of Paju, South Korea. This agreement commits the cities

to promoting cultural and business links and demonstrates Coquitlam’s intent to build on the community’s rich cultural di-versity, particularly the advantages present-ed by one of the largest Korean communi-ties in North America.

“Our diversity is something to truly be celebrated,” Mayor Richard Stewart says. “I encourage new Canadians to look at what we have to offer in Coquitlam and consider us as a destination. We are a community that values diversity, and we are a commu-nity that is open for business.”

strength in diversity

C o q u i t l a m diversity

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Port Coquitlama winning combination:location,opportunity

More and more businesses are discover-ing the benefits of doing business in Port Coquitlam, thanks to its strategic location in the Lower Mainland and affordable development opportunities.

Over the last several years, Port Co-quitlam has been bustling with new com-mercial, institutional, industrial and residen-tial developments, most located near its historic and authentic downtown core or in established and developing commercial and industrial areas.

In the Dominion Triangle area, for ex-ample, more than 100 acres of land are available for light industrial development in the Fremont Industrial Park. Investors will benefit from the area’s close proximity to successful commercial development (in-cluding Costco, Home Depot and a highly anticipated retail lifestyle centre), a skilled employment base and good transportation links.

And while land shortages are being felt in the rest of the Lower Mainland, the City of Port Coquitlam is currently selling off several large parcels of prime raw land for residential and mixed-use development.

Infill opportunities also exist in the city’s residential neighbourhoods, in the vibrant downtown core and in the northside com-mercial area at Prairie Avenue and Coast Meridian Road, which will see improved connections in early 2010 via the new Coast Meridian Overpass.

In fact, the entire city will benefit from several major transportation projects in various stages of progress throughout the region. These will further enhance Port Coquitlam’s proximity to a significant population base in the Tri-Cities and Maple Ridge-Pitt Meadows — a source of both customers and skilled employees.

The city’s own labour force of more than 30,000 people includes a large proportion

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with post-secondary education or training. And with its urban amenities, community spirit, extensive trail and park network and some of the lowest housing prices in the Tri-Cities, Port Coquitlam offers the lifestyle and location that employees are willing to relocate for.

City Hall also has an open-for-business attitude that recognizes the importance of

economic development within a context of sustainability.

“We don’t take our businesses for granted,” said Port Coquitlam Mayor Greg Moore. “We’re working with and giving a voice to our businesses in setting the direc-tion of the city. For example, we’re trying to work with them in the budgeting process because we know property taxes affect them. We have the lowest property taxes in the Tri-Cities, for businesses and residents.”

Barrie Seaton, president of the Tri-Cities Chamber of Commerce, noted that Port Coquitlam has made an effort to concen-trate its industrial sites in the south part of the city and has been able to attract larger companies to the area. And with the com-ing transportation improvements, “certainly Port Coquitlam is located in a very strategic position now.”

“I would say the long-term prospects for Port Coquitlam are extremely good with

regard to economic development and commercial development,” Seaton said.

For information about development opportunities, contact the City of Port Coquitlam Planning Division at 604-927-5442 or [email protected].

C ity Hall also has an open-for-business attitude that recognizes the importance of economic development within a context of sustainability.

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Port Coquitlam

More than 2,800 businesses operate in Port Coquitlam, drawn by affordable and suitably zoned land, strategic location, transporta-tion options and other reasons. They range from retailers to wholesalers, manufacturers to home-based businesses, contrac-tors to restaurants.

Peter Oorebeek moved Advance Chemicals to Port Coquitlam from Langley in 2005 after searching the Lower Mainland for property with suitable space, zoning and a rail spur. Employing 23 people, his Kingsway Avenue facility uses about a quarter of his eight-acre site, which he has developed with lease space.

Just down the street, Dynamic

Structures is building theme park rides, telescope enclosures and other complex structures in a 61,000-square-foot steel fabrication shop.

Port Coquitlam’s largest corporate property owners include Canada Pacific Railway, several shopping centre holding companies, ESCO Ltd. (engineered products), K W Food Distributors, the Sears Canada warehouse, Imperial Self Storage Corp. and retailers Costco, Canada Safeway, Home Depot and Jim Pattison Developments (Save-on-Foods).

PoCo is also home to major distributors, such as Sysco Corp. (food) and Brewers Distributors Ltd. (Labbatt/Molson products).

a variety of businesses

business

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Development Realtor

Port Coquitlam already has a central location in the Lower Main-land that provides local businesses with easy access to major roads, railways and rivers.

The city’s industrial areas connect easily to the Trans-Canada High-way, Lougheed Highway and Mary Hill Bypass, and many businesses make use of the Canadian Pacific Railway lines that run through the heart of the community. River transportation is available via the Pitt River. Commuters use the local West Coast Express to get to and from work.

The new seven-lane Pitt River Bridge, with a dedicated truck lane

and interchange at Mary Hill By-pass, provides an alternative access to the Trans-Canada Highway from the new Golden Ears Bridge.

On track to open in early 2010 is the Coast Meridian Overpass, a four-lane bridge over the rail yards in Port Coquitlam that will improve traffic flow both within the commu-nity and throughout the region.

Port Coquitlam will also benefit from planned provincial projects, such as the twinning of the Port Mann Bridge and the North Fraser Perimeter Road, as well as the pro-posed Evergreen Line rapid transit extension to Coquitlam.

Port Coquitlam transportation

roads, rails, rivers

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A strategic location in the heart of Metro Vancouver

Key parcels of land available for residential, commercial, and mixed-use development

Well situated industrial development opportunities including the Fremont Industrial Business Park

Well served by transportation links toHighway 1, Lougheed Highway, new bridges, rivers and rail

Central location provides access to strong labour force and customer base

Open for business attitude at City Hall

Find out more about Port Coquitlam at www.portcoquitlam.ca

A city to invest in...Port Coquitlam, BC

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City ofCOQUITLAM

POPULATION AND DWELLING COUNTS

Population in 2006 114,565Population in 2001 112,8902001 to 2006 population change (%) 1.5Total private dwellings 43,241Population density per square kilometre 941.5Land area (square km) 121.69

AGE CHARACTERISTICS

Total Male Female 114,565 56,285 58,2750 to 4 years 5,625 2,870 2,7555 to 9 years 6,325 3,340 2,98510 to 14 years 7,975 4,115 3,85515 to 19 years 8,965 4,690 4,27020 to 24 years 8,580 4,400 4,17525 to 29 years 6,405 3,165 3,24530 to 34 years 6,445 3,065 3,38035 to 39 years 8,725 4,055 4,66540 to 44 years 10,310 4,905 5,41045 to 49 years 10,875 5,210 5,66050 to 54 years 9,455 4,780 4,67555 to 59 years 7,405 3,685 3,72060 to 64 years 4,965 2,505 2,46065 to 69 years 3,845 1,800 2,04570 to 74 years 3,160 1,535 1,62575 to 79 years 2,430 1,090 1,34580 to 84 years 1,740 665 1,07585 years and over 1,325 395 930

SELECTED FAMILY CHARACTERISTICS

Total number of census families 32,185Number of married couple families 24,765Number of common-law couple families 2,710Number of lone-parent families 4,710Average number of persons in all census families 3.1Median income in 2005 (all census families) $67,031Median after-tax income in 2005 (all census families) $58,529Median monthly payments for rented dwellings $796Median monthly payments for owner-occupied dwellings $1,107

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total Male FemaleTotal population 113,560 55,780 57,780Non-immigrants 66,995 33,325 33,670Immigrants 44,750 21,585 23,170

Before 1991 17,645 8,635 9,0101991 to 2000 18,180 8,745 9,4302001 to 2006 8,925 4,200 4,725

Non-permanent residents 1,810 870 940

MOTHER TONGUE Total Male Female

Total population 113,560 55,780 57,780English only 65,790 32,815 32,975French only 1,715 760 950English and French 180 115 60Other language(s) 45,880 22,085 23,795

VISIBLE MINORITY POPULATION CHARACTERISTICS Total Male FemaleTotal population 113,560 55,780 57,780Total visibleminority population 43,875 21,275 22,605

Chinese 19,580 9,655 9,925South Asian 4,185 1,975 ,200Black 1,005 575 425Filipino 3,050 1,310 1,735Latin American 1,530 650 880Southeast Asian 1,060 480 580Arab 635 325 310West Asian 4,250 2,105 2,140Korean 5,990 3,005 2,985Japanese 1,140 550 595

Multiple visible minority 1,375 590 785Not a visible minority 69,680 34,505 35,175

EDUCATIONAL ATTAINMENTTotal population 15 years and over Total Male Female 93,630 45,445 48,185

No certificate, diploma or degree 14,755 7,100 7,655High school certificate or equivalent 26,745 12,250 14,495Apprenticeship or tradescertificate or diploma 8,775 5,840 2,935 College or other non-university certificate or diploma 16,005 6,825 9,175University certificate or diploma below bachelor level 6,105 2,775 3,330University certificate, diploma or degree 21,245 10,650 10,595

INDUSTRY Total Male Female

Total experienced labour force15 years and over 61,810 32,515 29,295

Agriculture and other resource-based industries 915 615 300Construction 4,615 4,105 505Manufacturing 5,060 3,640 1,415Wholesale trade 3,895 2,635 1,255Retail trade 7,985 3,750 4,235Finance and real estate 4,620 1,990 2,630Health care and social services 5,715 1,065 4,650Educational services 4,705 1,535 3,170Business services 12,620 7,815 4,805Other services 11,680 5,350 6,330

Source: Statistics Canada

CommunityPROFILE

Totals may not always add up, due to rounding

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City ofPORT COQUITLAM

VISIBLE MINORITY POPULATION CHARACTERISTICS Total Male FemaleTotalpopulation 52,230 25,825 26,405Totalvisibleminoritypopulation 13,425 6,640 6,785

Chinese 4,835 2,460 2,375SouthAsian 2,445 1,230 1,215Black 550 305 250Filipino 1,205 485 720LatinAmerican 440 225 220SoutheastAsian 390 215 175Arab 170 75 95WestAsian 860 490 370Korean 1,480 710 765Japanese 440 215 225

Multiplevisibleminority 585 220 360Notavisibleminority 38,805 19,180 19,625

EDUCATIONAL ATTAINMENTTotalpopulation15yearsandover Total Male Female

41,850 20,495 21,355Nocertificate,diplomaordegree 7,260 3,520 3,740Highschoolcertificateorequivalent 12,715 5,920 6,795Apprenticeshiportradescertificateordiploma 4,815 3,245 1,575Collegeorothernon-universitycertificateordiploma 8,210 3,495 4,715Universitycertificateordiplomabelowbachelorlevel 2,295 1,005 1,290Universitycertificate,diplomaordegree 6,555 3,310 3,240

INDUSTRY Total Male Female

Totalexperiencedlabourforce15yearsandover 29,975 15,805 14,170

Agricultureandotherresource-basedindustries 575 400 180Construction 2,535 2,205 335Manufacturing 2,980 2,225 750Wholesaletrade 1,975 1,275 700Retailtrade 3,645 1,655 1,990Financeandrealestate1,995 740 1,255Healthcareandsocialservices 2,980 425 2,555Educationalservices 1,675 545 1,130Businessservices 6,270 3,960 2,315Otherservices 5,340 2,375 2,960

Source:StatisticsCanada

CommunityPROFILE

POPULATION AND DWELLING COUNTS

Populationin2006 52,687Populationin2001 51,2572001to2006populationchange(%) 2.8Totalprivatedwellings 19,689Populationdensitypersquarekilometre 1,826.4Landarea(squarekm) 28.85

AGE CHARACTERISTICS

Total Male Female 52,690 26,165 26,5250to4years 2,850 1,445 1,4055to9years 3,400 1,730 1,67510to14years 4,075 2,125 1,95015to19years 4,075 2,190 1,88520to24years 3,475 1,795 1,68025to29years 3,035 1,530 1,50530to34years 3,340 1,585 1,75535to39years 4,310 2,075 2,23540to44years 5,265 2,500 2,76545to49years 5,045 2,510 2,53050to54years 4,085 2,065 2,02055to59years 3,165 1,605 1,56560to64years 2,105 1,035 1,07065to69years 1,480 700 78070to74years 1,135 555 57575to79years 865 375 49580to84years 525 200 32585yearsandover 440 125 315

SELECTED FAMILY CHARACTERISTICS

Totalnumberofcensusfamilies 14,960Numberofmarriedcouplefamilies 11,020Numberofcommon-lawcouplefamilies 1,565Numberoflone-parentfamilies 2,370Averagenumberofpersonsinallcensusfamilies 3.1Medianincomein2005(allcensusfamilies) $71,924Medianafter-taxincomein2005(allcensusfamilies) $62,046Medianmonthlypaymentsforrenteddwellings $786Medianmonthlypaymentsforowner-occupieddwellings $1,271

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total Male FemaleTotalpopulation 52,230 25,825 26,405Non-immigrants 36,880 18,545 18,335Immigrants 14,750 7,055 7,690

Before1991 7,060 3,390 3,6651991to2000 5,645 2,790 2,8602001to2006 2,045 880 1,170

Non-permanentresidents 600 225 375

MOTHER TONGUE Total Male Female

Totalpopulation 52,230 25,825 26,405Englishonly 36,675 18,240 18,435Frenchonly 490 280 205EnglishandFrench 115 70 45Otherlanguage(s) 14,945 7,230 7,715

Totals may not always add up, due to rounding

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Tri-Cities Economic Development Magazine 2010 ED 19

POPULATION AND DWELLING COUNTS

Population in 2006 27,512Population in 2001 23,8162001 to 2006 population change (%) 15.5Total private dwellings 10,680Population density per square kilometre 1,073.7Land area (square km) 25.62

AGE CHARACTERISTICS

Total Male Female 27,515 13,475 14,0400 to 4 years 1,670 870 8005 to 9 years 1,830 985 85010 to 14 years 2,005 1,065 94515 to 19 years 1,910 995 91520 to 24 years 1,595 805 79025 to 29 years 1,520 695 82530 to 34 years 2,050 930 1,11535 to 39 years 2,460 1,135 1,33040 to 44 years 2,790 1,330 1,45545 to 49 years 2,620 1,250 1,37550 to 54 years 2,060 985 1,07555 to 59 years 1,675 835 84060 to 64 years 1,150 570 58065 to 69 years 805 400 40570 to 74 years 550 280 26575 to 79 years 375 175 20080 to 84 years 265 110 16085 years and over 165 65 105

SELECTED FAMILY CHARACTERISTICS

Total number of census families 8,090Number of married couple families 6,105Number of common-law couple families 900Number of lone-parent families 1,090Average number of persons in all census families 3.0Median income in 2005 (all census families) $81,787Median after-tax income in 2005 (all census families) $69,648Median monthly payments for rented dwellings $911Median monthly payments for owner-occupied dwellings $1,397

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total Male FemaleTotal population 27,440 13,460 13,980Non-immigrants 19,125 9,540 9,590Immigrants 8,050 3,810 4,245

Before 1991 3,745 1,765 1,9801991 to 2000 2,775 1,315 1,4602001 to 2006 1,535 730 805

Non-permanent residents 260 115 145

MOTHER TONGUE Total Male Female

Total population 27,440 13,460 13,980English only 19,830 9,855 9,975French only 280 155 130English and French 20 0 15Other language(s) 7,300 3,445 3,855

VISIBLE MINORITY POPULATION CHARACTERISTICS Total Male FemaleTotal population 27,440 13,460 13,980Total visible minority population 6,940 3,320 3,625

Chinese 2,445 1,195 1,250South Asian 825 365 465Black 275 110 165Filipino 750 350 400Latin American 235 90 140Southeast Asian 95 35 60Arab 80 45 35West Asian 425 230 195Korean 1,180 600 575Japanese 395 165 230

Multiple visible minority 160 80 80Not a visible minority 20,500 10,145 10,355

EDUCATIONAL ATTAINMENTTotal population 15 years and over Total Male Female

21,940 10,540 11,400No certificate, diploma or degree 2,530 1,220 1,310

High school certificate or equivalent 5,665 2,410 3,250Apprenticeship or trades certificate or diploma 1,970 1,335 635College or other non-university certificate or diploma 4,220 1,880 2,340University certificate or diploma below bachelor level 1,330 610 715University certificate, diploma or degree 6,230 3,085 3,140

INDUSTRY Total Male Female

Total experienced labour force 15 years and over 16,045 8,275 7,765

Agriculture and other resource-based industries 245 185 55Construction 900 800 100Manufacturing 1,160 905 255Wholesale trade 1,075 685 390Retail trade 1,725 820 905Finance and real estate 1,390 605 780Health care and social services 1,455 210 1,245Educational services ,650 565 1,090Business services 3,585 2,190 1,400Other services 2,855 1,310 1,545

Source: Statistics CanadaTotals may not always add up, due to rounding

City ofPORT MOODY

CommunityPROFILE

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ED 20 Tri-Cities Economic Development Magazine 2010

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Tri-Cities Economic Development Magazine 2010 ED 21

Imaginative, adventurous and creative, Port Moody is creating a balance between

economic growth and the city’s cultural, environmental and heritage values. Make

your business a part of our vibrant waterfront community. Contact City Manager

Gaëtan Royer at 604-469-4519 for development opportunities.

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O v e r v i e w - P o r t M o o d y

Port Moodytechnologypark a bold plan for the future

The City of Port Moody has an ambi-tious plan to attract high-tech businesses in a cluster of facilities that would accom-modate the incubation of small startups as well as fully established firms. Spinoff benefits for the city include generation of economic activity for existing businesses and new jobs for local residents.

This exciting plan is the result of the City working with residents, a process that pays off for Port Moody. The City’s dynamic Economic Development Committee (EDC) attracted talented contributors who helped put together the bold plan for a technology park focused on research and develop-ment businesses and jobs.

In 2009, council decided to bring more clarity to the City’s public engagement structure and gave one of its committees the mandate to focus exclusively on eco-nomic development. Under the leadership of Coun. Gerry Nuttall, Port Moody’s EDC

identified a short list of practical goals, including the development of a technology park.

Less than a year after the group was formed, Mayor Joe Trasolini joined Shahid Hussain — chair of the EDC sub-committee that steered the preliminary plan for the technology park — and Nuttall to unveil the concept.

The EDC collected information about best practices throughout North America, and visited high-tech parks in cities like Tianjin and Beijing, China. The BinHai Innovation Park in Tianjin, for example, contributes $3 billion to the region’s gross domestic product with an economic growth rate of 30 per cent in the last 10 years. Canadian cities have also expanded their tax base and created technology jobs by implementing similar plans.

“This is a sound plan based on principles that have been proven in other communi-

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O v e r v i e w - P o r t M o o d y

ties. We’ve done a lot of work in the back-ground,” said Hussain, a business consul-tant working as a volunteer member of the EDC.

Hussain and Nuttall are promoting the creation of a multi-tenant facility featuring a large anchor business, incubator busi-

nesses and technology firms in a cluster of industry innovation. The initial plan is to create 250,000 to 300,000 square feet of leasable space. This amount of space would provide the critical mass to attract further private investments.

“It’s not run-of-the-mill real estate; it’s going to be value-added,” Hussain said, noting that services like administration, le-gal and accounting would be built into the initial facility to attract incubator businesses.

“There is a lot of expertise in this com-munity and we need to tap into that knowledge as we refine our plan,” Nuttall said. “Media coverage of our concept plan has generated a lot of inquiries already and these are all local people with an interest in making this happen here.”

Several sites are currently being consid-ered for the future business park, which is envisioned as a cluster of technology rather than a single building.

The city prepared a preliminary concept plan to demonstrate the feasibility of the idea and show how it could integrate into an existing neighbourhood. The plan illustrates how public lands at the Port Moody West Coast Express station could continue to provide ample parking and a public transit node while accommodating a landscaped public plaza and 250,000 square feet of leasable space. The concep-tual design would group low-rise buildings above a multi-level parkade.

Stay tuned as the city refines its technol-ogy park plan.

Green roof level

This is a sound plan based on principles that have been proven in other communities, notes business consultant Shahid Hussain.

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Port Moody inlet centre

Since 2005, Newport Law Corporation has worked hard to establish strong roots in the Tri-Cities community. It is a well-known law fi rm amongst Tri-Cities businesses and families alike. Because we offer a one-stop shop that is situated locally, Newport Law Corporation is the obvious choice for your legal solutions. Together, we have over 25 years of legal experience and can help you in a friendly and comfortable environment, giving you personal as well as valuable service.

Our services are tailor-made for our clients’ needs, whether they involve wills and estate planning, business contracts, civil disputes, regulatory issues, condominium disputes, and negligence, to list just some of our broad range of services. We can also help you to resolve a variety of family issues and, if necessary, provide you with effective and practical advice about separation, divorce, child support, custody and access, and division of property. We understand your issues, whether they are personal or business-related, local, national or international. We are problem-solvers who use a resolution-based approach but we are also effective trial lawyers if a lawsuit is the only alternative left!

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Vivienne StewartLLM (UBC) (Strathclyde)

Port Moody’s Inlet Centre is home to Newport Village and Suter Brook Village, two communities that have already earned top marks for being high-density, pedestrian-oriented residential neigh-bourhoods that offer commercial opportunities.

Newport Village features five highrise towers, plus 130,000 square feet of commercial and office space. The Newport pro-fessional office building was fully occupied within one year of completion. It has attracted a medical clinic, the head office for the regional health authority and a number of professional services such as law and investment firms.

Suter Brook Village features cutting-edge green design in its plat-form buildings and residential towers. The development has the potential for 1,250 residential units and currently includes more than 140,000 square feet of prime retail, restaurant and office space — all ready for occupancy. Current occupancy levels in Suter Brook have already added approximately 600 new jobs.

Suter Brook Village is centrally located at a major intersection within close proximity to transit and the “city campus,” a collec-tion of services that includes City Hall, a recreation complex, works yard, fire department, library and Inlet Theatre.

vibrant neighbourhoods

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Tri-Cities Economic Development Magazine 2010 ED 25

Port Moody city of the arts

Emerging from its 2001 Cultural Strategic Plan, Port Moody’s vision for a “City of the Arts” was a multi-dimensional proposal. The city took its new tagline, “We are City of the Arts — it is a part of every-thing we do,” and began making connections between commerce and culture. The city is home to an arts centre, a 206-seat the-atre and more than 30 pieces of public art.

Another connection between art and economics is found at 2709 Esplanade Ave., a city-owned-and-operated space for professional artists. Located in an industrial warehouse across the street from scenic Rocky Point Park, 2709

Esplanade provides artists with space and a collaborative environ-ment.

Like his fellow tenants, Eric Robertson knows his space is invaluable. A West Coast instal-lation artist specializing in public art, Robertson’s pieces are found in the Museum of Anthropology at the University of B.C., Seattle’s City Hall and YVR’s West Chevron International Departures Terminal.

“The entire reason I’m living out here is because of the facilities,” Robertson says. “It would not have been possible to find an equivalent space in Vancouver to produce the work I do.”

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ED 26 Tri-Cities Economic Development Magazine 2010

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Tri-Cities Economic Development Magazine 2010 ED 27

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ED 28 Tri-Cities Economic Development Magazine 2010

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Tri-Cities Economic Development Magazine 2010 ED 29

Transportationa well-connected region

very wheel must have strong spokes to make it turn, and the Tri-Cities provide a crucial hub to help the wheels of Metro Vancou-

ver’s transportation system run smoothly.

Coquitlam, Port Coquitlam and Port Moody play a vital role in linking other cit-ies in Metro Vancouver, as the area boasts three major highways connecting the region: the Trans-Canada, Lougheed and Barnet.

The Tri-Cities are located only a 20-kilo-metre drive from Vancouver, just 55 kilo-metres to Vancouver International Airport in Richmond and about 40 kilometres to ports of entry to the United States, includ-ing the Peace Arch and Pacific Highway (truck) crossings.

One of the busiest crossings into Co-quitlam is the Port Mann Bridge, the largest arch bridge in Canada with three spans and five lanes to connect Surrey and the Fraser Valley with the thriving Metro Vancouver area.

Approximately 127,000 vehicle trips are made each day over the Fraser River, with trucks making up eight per cent of traffic, and construction is currently underway to replace the bridge with a 10-lane crossing.

Port Coquitlam benefits from the recently completed Pitt River Bridge, a seven-lane cable-stayed crossing that connects Pitt Meadows, Maple Ridge and Fraser Valley communities to the rest of the region. It is only 12 kilometres away from the new Golden Ears Bridge, a vitally important crossing for commercial traffic to access the city from the Fraser Valley and beyond.

Port Coquitlam is also preparing for com-pletion of the Coast Meridian Overpass, set to open in March 2010. The four-lane, cable-stayed bridge will offer drivers an additional route over the Canadian Pacific Railway yards just south of Lougheed High-way, which bisects the city.

The biggest plan for transportation im-provements in the Tri-Cities, though, is the Evergreen Line rapid-transit project. With an increased desire to move people through-out Metro Vancouver without the use of vehicles, the advanced light-rail technology used on the region’s SkyTrain network is planned to expand into the Tri-Cities by 2014.

E

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Arts &Culture

If, as John Updike once said, the arts provide a certain breath-ing room for the spirit, then the Tri-Cities are home to amazing artistic air. All three munici-palities have embraced the finer side of life, recognizing that a thriving arts and culture scene is an economic generator.

Port Moody has adopted the moniker City of the Arts. Its in-ventory of venues runs the gam-ut from the historic Port Moody Arts Centre to the modern beauty of Inlet Theatre. The Port Moody Arts Centre Society puts on a variety of events, including the Wearable Art Awards, which attract international attention.

Coquitlam not only has a bit of everything, it has it in both official languages. Maillardville, B.C.’s first French-Canadian settlement, hosts francophone-

themed events like Festival du Bois, attracting visitors from throughout Metro Vancouver and beyond. The Evergreen Cul-tural Centre features performing arts and gallery space for artistic exhibits of all types. The city also hosts the BC Highland Games, a showcase for Scottish culture that attracts thousands of visitors each year.

Port Coquitlam has a renewed focus on arts with its Leigh Square Community Arts Village — an ambitious plan to central-ize artistic, heritage and cultural activities in the city’s downtown. Its Leigh Square Bandshell plays host to a variety of outdoor concerts as well as May Day ac-tivities that showcase the city’s musical and artistic flair. Its Terry Fox Theatre draws talented ac-tors and musicians for a variety of performances.

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Tri-Cities Economic Development Magazine 2010 ED 31

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SHOP LOCAL in DOWNTOWN POCO

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