Avantage Beaumont / Beaumont Advantage Our community has been the choice for over $1 Billion in new investment in recent years. Our population of 16,768 residents and growing, with over 150 storefront businesses and approximately 280 home based businesses ready to work with you! q LOCATION
q 3km south of Edmonton, 5 minutes to the Anthony Henday freeway q Nisku Business Park/International Region q Only minutes to Edmonton International Airport and rail connections
q GROWING q Beaumont is a Capital Region Board Priority Growth Area (Capital Region Growth Plan 2009) q 7th fastest growing community in Canada (last Federal census) q 104% population growth from 2005 to 2015 (Beaumont annual census) q 6% yearly residential growth average from 2010 to 2015 (Beaumont annual census) q Annexation process underway, awaiting for Municipal Government Board recommendation q Over $1 Billion in building permits issued this century! (Town of Beaumont) q HERITAGE / BILINGUAL q Founded by Francophones in 1895 on 30 acres with St. Vital church as the heart of the community q One of three officially bilingual communities in Alberta. q All schools offer French immersion as an elective; École Saint-Vital is a Francophone school operated by Conseil scolaire Centre-Nord q YOUNG
q EDUCATED
q HIGH INCOMES
q 24.7% of the population is under the age of 15 q 10.4% of the population is age 15 to 24 q 41.6% of the population is age 25 to 54 q Average age is 32 q 68.6% of residents age 17 and over indicate they have some post-secondary education q 22.8% indicate they have a university degree q 29.2% have a post-secondary diploma or certificate
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z Canada z Alberta z Beaumont
Median Household Income
Average Household Income
Business Development Tools q STRATEGIC GOALS 2015 – 2020
q Strategic Outcome #3.1: Beaumont’s current residential/commercial tax base ratio of 95:5 is moved towards a preferred ratio of 80:20 through aggressive economic development and the assignment and achievement of yearly targets for increased non-residential assessment q Strategic Outcome #3.2: Beaumont makes substantial gains toward the redevelopment of Centre-ville into a signature, town-defining area that enhances French heritage through design elements and business focus
q RETAIL MARKET INFORMATION
q 192,424 ft2 gross leasable area needed by 2019 (Retail Market Study) q Over 40,000 ft2 of leasable retail currently under construction q Over 16,000 ft2 of leasable office currently under construction
q KEY COMMERCIAL AREAS
Local economic development has identified several niche markets where there are great opportunities: q Retail & commercial q Small business and entrepreneurship q Service & supply in support of Alberta’s hydrocarbon industry q Office development q Eco & tech development q Business & professional services q Transportation & logistics q Hospitality
q KEY DEVELOPMENT DOCUMENTS
q Centre-ville Area Redevelopment Plan q Downtown Urban Development Concept Plan q Updated Land Use Bylaw in 2014
q OUR BUSINESS COMMUNITY
q Over 150 storefronts q The Beaumont Chamber of Commerce engages, supports and advocates for the Beaumont business community.
q MUNICIPAL TAX RATE
q 2015 Residential tax rate 8.4951 mills q 2015 Non-residential tax rate 11.7795 mills
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BEAUMONT
Rob Mackin | Director, Economic Development Phone: 780-929-1364 Email: rob.mackin@beaumont.ab.ca