Terrace: The Hub of Northwest BC

The growing city of Terrace is at the heart of a region driving BC’s economy.

In addition to the benefits of being a 1.5-hour drive to the fastest growing port in North America and half that to reach the largest private sector investment in Canadian history, Terrace is emerging as a strategic investment location for several reasons:

Room to Grow.

Grow your industrial business at the Skeena Industrial Development Park in Terrace, boasting 2,400 acres of heavy industrial land, with 1,200 acres of greenfield land cleared and ready for development. The SIDP started with a joint venture between the City of Terrace and the Kitselas First Nation, showing the local support for industrial development in the community.

Your business can grow with Terrace and $613 million in education, forestry, health, and recreation projects set to contribute to the local economy.

Diverse Labour Force.

Terrace’s private sector is supported by a diverse labour force of trades, technical, and professional occupations, and it’s kept stable by the affordable lifestyle and four-season leisure opportunities in the area.

Terrace embraces diversity, with 10% of the population composed of immigrants and 23% identifying as First Nations or Metis. The hub of the Northwest is young, vibrant, and ever-changing.

Residential Development

Terrace has planned for growth, with more than $100 million in development over the last three years and the population estimated to grow to about 20,000 in the local area by 2025.

Terrace’s refreshed Downtown Revitalization Tax Exemption Bylaw offers up to 100% municipal tax exemption for five years to residential and commercial-residential mixed use development in the downtown.

Contact the City of Terrace today.

Deklan Corstanje
Economic Development Manager
City of Terrace

250-615-4030
dcorstanje@terrace.ca
terrace.ecdev.org

More from Invest in B.C.

Prime Minister's Message

Letter From the Premier

Letter From the President and CEO, BC Economic Development Association

Letter From the Chair, BC Economic Development Association

The COVID Factor

After Carbon

A Magnet for Global Investment

The Affordable Coast

Diversity and Momentum

The Enduring Appeal of Mountain Towns

At the Centre of Things

Gateway to Asian Markets

A Solid Foundation for Growth

Leading the Nation

Investing Around B.C.

Chilliwack

Coquitlam

Dawson Creek

Fort St. John

Kitimat

Kootenay

Lower Columbia

Merritt

Nanaimo

New Westminster

Port of Prince Rupert

Quesnel

Surrey

Terrace

The Industrial Circular Economy Conference

Township of Langley

Vernon

West Kelowna