Economic Development in the Tri-Cites - 2010

2010 Economic Development in the Tri-Cities

COQUITLAM • PORT COQUITLAM • PORT MOODY

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ED Tri-Cities Economic Development Magazine 2010

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Economic Development

on the

inside

in the

Tri-Cities

COQUITLAM • PORT COQUITLAM • PORT MOODY

2010 Magazine

CONTENTS Messages From the publisher and Chamber of Commerce.......................................

8

Technology

Coquitlam goes high-tech

Coquitlam A city poised for continued growth. ...

6 &7

high technology Coquitlam Q-Net high-tech advantage...........

Lands of opportunity Coquitlam business growth opportunities.....

in nature Coquitlam, where nature abounds.............

Diversity Coquitlam has strength in its diversity. ......

Port Coquitlam

29

Transportation

Getting around

Has a winning combination........

4

Port Coquitlam is open for business. .........

Connections Roads, rivers and rails.................................

9

10 11

14 15

Community statistics Coquitlam, Port Coquitlam & Port Moody....................................

17-19

Port moody A bold plan for the future...........

30

Arts & Culture

Arts investment pays off

22 & 23

inlet centre Port Moody’s vibrant neighbourhood.........

City of The arts Port Moody arts and culture.......................

Transportation feature A well-connected region.............................

arts & culture Arts investment pays off ...................................

business

8

12 & 13

Businesses

welcome to our

24 25 29 30

community

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.

Economic Development in the Tri-Cities is published and distributed

by The NOW Newspaper, a member of Canwest Community Publishing. Reproduction prohibited. Copyright protected.

PUBLISHER Brad Alden

Kate Leonard Sanjay Sharma

EDITOR Leneen Robb

PRODUCTION MANAGER Gary E. Slavin

director of sales & marketing Catherine Ackerman

GRAPHIC DESIGNER Rona Eastman-Magee

advertising consultants Kim Boekhorst Kimberly Choiniere Pat Jacques

ProDUCTION Lynne Boucher Nola Bowling Doug McMaster Laura Powell Tony Sherman

Coquitlam NOW Newspapers is located at: #201A 3430 Brighton Ave. Burnaby, B.C. V5A 3H4

604-444-3451 www.thenownews.com

Tri-Cities Economic Development Magazine 2010 ED

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an inside view Brad ALDEN

Suzette McFAUL

Publisher Coquitlam NOW

CEO Tri-Cities Chamber

from publisher

fromchamber

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

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

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.

the

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 business and the economic health of the Tri-Cities.

We are committed to promoting business and community 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 prospects, 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 info@tricitieschamber.com.

ED Tri-Cities Economic Development Magazine 2010

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Overview - Coquitlam

F

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

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 institutional base, and in the area between these bases we are developing a vibrant urban neighbourhood providing access to many opportunities.”

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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 connects 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 significantly increasing the city’s employment base.

He believes the Evergreen Line and the expansion 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 reinforce Coquitlam’s central role as a leader in economic development in the region.

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City of Coquitlam

Unparalleled Opportunities // Diverse Community // Amazing Setting

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

Diverse by Nature Tri-Cities Economic Development Magazine 2010 ED

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Overview - Coquitlam

Coquitlam a city poised for continued growth

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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 progressive 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 Theatre, 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 access 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 largest 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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Coquitlam

high-technology

Q-Net high-tech advantage 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 traditional carriers.

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

“Our network has virtually no capacity 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 highspeed infrastructure is crucial to companies that rely on the Internet for revenue.

For example, BC Ferries’ reservation system 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 working with several sponsors and partner organizations to expand the reach of Q-Net.

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ED Tri-Cities Economic Development Magazine 2010

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Coquitlam

lands of opportunity

Coquitlam’s growth means business opportunities The City of Coquitlam is home to a number of strategically located employmentgenerating lands.

“As a city, we have worked hard to establish 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 industrial 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 establishment 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.

Tri-Cities Economic Development Magazine 2010 ED

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in nature

Coquitlam

natural wonders abound 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 bordering 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 people 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, immediately 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.”

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diversity

Coquitlam

strength in diversity Once a microcosm of early Canada, Coquitlam was home to primarily aboriginal, 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 populations 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 diversity, particularly the advantages presented by one of the largest Korean communities 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 community that is open for business.”

WƌŝŵĞ ŽŶƚƌĂĐƚŽƌ ĨŽƌ ƚŚĞ WŽƌƚ DĂŶŶͬ,ŝŐŚǁĂLJ ϭ /ŵƉƌŽǀĞŵĞŶƚ WƌŽũĞĐƚ

,ĞůƉŝŶŐ ƚŽ ƵŝůĚ ^ƚƌŽŶŐĞƌ ŽŵŵƵŶŝƚŝĞƐ ŝŶ ƚŚĞ dƌŝͲ ŝƚŝĞƐ dŚĞ WƌŝŵĞ ŽŶƚƌĂĐƚŽƌ ĨŽƌ ƚŚĞ WŽƌƚ DĂŶŶͬ,ŝŐŚǁĂLJ ϭ /ŵƉƌŽǀĞŵĞŶƚ WƌŽũĞĐƚ͕ <ŝĞǁŝƚͬ&ůĂƚŝƌŽŶ 'ĞŶĞƌĂů WĂƌƚŶĞƌƐŚŝƉ ŝƐ ƉƌŽƵĚ ƚŽ ďĞ ƉĂƌƚ ŽĨ ƚŚĞ dƌŝͲ ŝƚŝĞƐ͘ <ŝĞǁŝƚͬ&ůĂƚŝƌŽŶ ŝƐ ĐŽŵŵŝƚƚĞĚ ƚŽ ďƵŝůĚŝŶŐ ƉŽƐŝƚŝǀĞ ĐŚĂŶŐĞ ĂŶĚ ĞĐŽŶŽŵŝĐ ŐƌŽǁƚŚ ĨŽƌ ƚŚĞ ŽƋƵŝƚůĂŵ͕ WŽƌƚ ŽƋƵŝƚůĂŵ ĂŶĚ WŽƌƚ DŽŽĚLJ ďƵƐŝŶĞƐƐ ĐŽŵŵƵŶŝƚŝĞƐ͘ <ŝĞǁŝƚͬ&ůĂƚŝƌŽŶ 'ĞŶĞƌĂů WĂƌƚŶĞƌƐŚŝƉ ŝƐ Ă ũŽŝŶƚ ǀĞŶƚƵƌĞ ďĞƚǁĞĞŶ WĞƚĞƌ <ŝĞǁŝƚ ^ŽŶƐ Ž͘ ĂŶĚ &ůĂƚŝƌŽŶ ŽŶƐƚƌƵĐƚŽƌƐ ĂŶĂĚĂ >ŝŵŝƚĞĚ͕ ŝŶŶŽǀĂƚŝǀĞ ůĞĂĚĞƌƐ ŝŶ ƚŚĞ ĐŽŶƐƚƌƵĐƚŝŽŶ ŝŶĚƵƐƚƌLJ͘

ϮϬϬͲϭϰϱ ^ĐŚŽŽůŚŽƵƐĞ ^ƚƌĞĞƚ ʄ ŽƋƵŝƚůĂŵ͕ sϯ< ϰyϴ ʄ dĞů͗ ϲϬϰͲϲϮϵͲϱϰϱϮ &Žƌ ĐĂƌĞĞƌ ŽƉƉŽƌƚƵŶŝƚŝĞƐ ĨĂdž ƌĞƐƵŵĞƐ ƚŽ ͗ ϲϬϰͲϱϮϱͲϭϬϴϴ

Tri-Cities Economic Development Magazine 2010 ED 11

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Overview - Port Coquitlam

Port Coquitlam a winning combination: location, opportunity

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More and more businesses are discovering 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 Coquitlam has been bustling with new commercial, institutional, industrial and residential 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 example, 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 (including 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 commercial 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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Overview - Port Coquitlam

C

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

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

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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 direction 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 concentrate its industrial sites in the south part of the city and has been able to attract larger companies to the area. And with the coming 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 604-9275442 or planning@portcoquitlam.ca.

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business

Port Coquitlam

a variety of businesses More than 2,800 businesses operate in Port Coquitlam, drawn by affordable and suitably zoned land, strategic location, transportation options and other reasons.

They range from retailers to wholesalers, manufacturers to home-based businesses, contractors 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-onFoods).

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

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ED 14 Tri-Cities Economic Development Magazine 2010

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transportation

Port Coquitlam

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

The cityâ&#x20AC;&#x2122;s industrial areas connect easily to the Trans-Canada Highway, 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 Bypass, 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 community 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 proposed Evergreen Line rapid transit extension to Coquitlam.

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Tri-Cities Economic Development Magazine 2010 ED 15

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A city to invest in...

Port Coquitlam, BC 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 to Highway 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 ED 16 Tri-Cities Economic Development Magazine 2010

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Community

City of

PROFILE

COQUITLAM POPULATION AND DWELLING COUNTS

VISIBLE MINORITY POPULATION CHARACTERISTICS

Population in 2006 Population in 2001 2001 to 2006 population change (%) Total private dwellings Population density per square kilometre Land area (square km)

114,565 112,890 1.5 43,241 941.5 121.69

AGE CHARACTERISTICS

0 to 4 years 5 to 9 years 10 to 14 years 15 to 19 years 20 to 24 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 to 79 years 80 to 84 years 85 years and over

Total 114,565 5,625 6,325 7,975 8,965 8,580 6,405 6,445 8,725 10,310 10,875 9,455 7,405 4,965 3,845 3,160 2,430 1,740 1,325

Male 56,285 2,870 3,340 4,115 4,690 4,400 3,165 3,065 4,055 4,905 5,210 4,780 3,685 2,505 1,800 1,535 1,090 665 395

Female 58,275 2,755 2,985 3,855 4,270 4,175 3,245 3,380 4,665 5,410 5,660 4,675 3,720 2,460 2,045 1,625 1,345 1,075 930

SELECTED FAMILY CHARACTERISTICS Total number of census families Number of married couple families Number of common-law couple families Number of lone-parent families Average number of persons in all census families Median income in 2005 (all census families) Median after-tax income in 2005 (all census families) Median monthly payments for rented dwellings Median monthly payments for owner-occupied dwellings

32,185 24,765 2,710 4,710 3.1 $67,031 $58,529 $796 $1,107

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total 113,560 66,995 44,750 17,645 18,180 8,925 1,810

Total population Non-immigrants Immigrants Before 1991 1991 to 2000 2001 to 2006 Non-permanent residents

MOTHER TONGUE

Male 55,780 33,325 21,585 8,635 8,745 4,200 870

Female 57,780 33,670 23,170 9,010 9,430 4,725 940

Total

Male

Female

113,560 English only 65,790 French only 1,715 English and French 180 Other language(s) 45,880

55,780 32,815 760 115 22,085

57,780 32,975 950 60 23,795

Total population

Total Total population 113,560 Total visible minority population 43,875 Chinese 19,580 South Asian 4,185 Black 1,005 Filipino 3,050 Latin American 1,530 Southeast Asian 1,060 Arab 635 West Asian 4,250 Korean 5,990 Japanese 1,140 Multiple visible minority 1,375 Not a visible minority 69,680

Male 55,780

Female 57,780

21,275 9,655 1,975 575 1,310 650 480 325 2,105 3,005 550 590 34,505

22,605 9,925 ,200 425 1,735 880 580 310 2,140 2,985 595 785 35,175

Male 45,445

Female 48,185

7,100

7,655

12,250

14,495

5,840

2,935

6,825

9,175

2,775

3,330

10,650

10,595

Male

Female

32,515

29,295

615 4,105 3,640 2,635 3,750 1,990

300 505 1,415 1,255 4,235 2,630

1,065 1,535 7,815 5,350

4,650 3,170 4,805 6,330

EDUCATIONAL ATTAINMENT Total population 15 years and over

Total

93,630 No certificate, diploma or degree 14,755 High school certificate or equivalent 26,745 Apprenticeship or trades certificate or diploma 8,775 College or other non-university certificate or diploma 16,005 University certificate or diploma below bachelor level 6,105 University certificate, diploma or degree 21,245

INDUSTRY

Total

Total experienced labour force 15 years and over 61,810 Agriculture and other resource-based industries 915 Construction 4,615 Manufacturing 5,060 Wholesale trade 3,895 Retail trade 7,985 Finance and real estate 4,620 Health care and social services 5,715 Educational services 4,705 Business services 12,620 Other services 11,680

Source: Statistics Canada

Totals may not always add up, due to rounding

Tri-Cities Economic Development Magazine 2010 ED 17

1-32 economic development_2010.i17 17

1/21/10 1:25:34 PM

Community

City of

PROFILE

PORT COQUITLAM POPULATION AND DWELLING COUNTS Population in 2006 Population in 2001 2001 to 2006 population change (%) Total private dwellings Population density per square kilometre Land area (square km)

VISIBLE MINORITY POPULATION CHARACTERISTICS 52,687 51,257 2.8 19,689 1,826.4 28.85

AGE CHARACTERISTICS

0 to 4 years 5 to 9 years 10 to 14 years 15 to 19 years 20 to 24 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 to 79 years 80 to 84 years 85 years and over

Total 52,690 2,850 3,400 4,075 4,075 3,475 3,035 3,340 4,310 5,265 5,045 4,085 3,165 2,105 1,480 1,135 865 525 440

Male 26,165 1,445 1,730 2,125 2,190 1,795 1,530 1,585 2,075 2,500 2,510 2,065 1,605 1,035 700 555 375 200 125

Female 26,525 1,405 1,675 1,950 1,885 1,680 1,505 1,755 2,235 2,765 2,530 2,020 1,565 1,070 780 575 495 325 315

SELECTED FAMILY CHARACTERISTICS Total number of census families Number of married couple families Number of common-law couple families Number of lone-parent families Average number of persons in all census families Median income in 2005 (all census families) Median after-tax income in 2005 (all census families) Median monthly payments for rented dwellings Median monthly payments for owner-occupied dwellings

14,960 11,020 1,565 2,370 3.1 $71,924 $62,046 $786 $1,271

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total 52,230 36,880 14,750 7,060 5,645 2,045

Total population Non-immigrants Immigrants Before 1991 1991 to 2000 2001 to 2006 Non-permanent residents

MOTHER TONGUE Total population English only French only English and French Other language(s)

600

Male 25,825 18,545 7,055 3,390 2,790 880 225

Female 26,405 18,335 7,690 3,665 2,860 1,170 375

Total

Male

Female

52,230 36,675 490 115 14,945

25,825 18,240 280 70 7,230

26,405 18,435 205 45 7,715

Total Total population 52,230 Total visible minority population 13,425 Chinese 4,835 South Asian 2,445 Black 550 Filipino 1,205 Latin American 440 Southeast Asian 390 Arab 170 West Asian 860 Korean 1,480 Japanese 440 Multiple visible minority 585 Not a visible minority 38,805

Male 25,825

Female 26,405

6,640 2,460 1,230 305 485 225 215 75 490 710 215 220 19,180

6,785 2,375 1,215 250 720 220 175 95 370 765 225 360 19,625

EDUCATIONAL ATTAINMENT Total population 15 years and over

Total

Male

Female

20,495

21,355

3,520

3,740

5,920

6,795

3,245

1,575

3,495

4,715

1,005

1,290

3,310

3,240

Male

Female

15,805

14,170

400 2,205 2,225 1,275 1,655 740

180 335 750 700 1,990 1,255

425 545 3,960 2,375

2,555 1,130 2,315 2,960

41,850 No certificate, diploma or degree 7,260 High school certificate or equivalent 12,715 Apprenticeship or trades certificate or diploma 4,815 College or other non-university certificate or diploma 8,210 University certificate or diploma below bachelor level 2,295 University certificate, diploma or degree 6,555

INDUSTRY

Total

Total experienced labour force 15 years and over 29,975 Agriculture and other resource-based industries 575 Construction 2,535 Manufacturing 2,980 Wholesale trade 1,975 Retail trade 3,645 Finance and real estate 1,995 Health care and social services 2,980 Educational services 1,675 Business services 6,270 Other services 5,340

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

ED 18 Tri-Cities Economic Development Magazine 2010

1-32 economic development_2010.i18 18

1/21/10 1:26:19 PM

Community

City of

PROFILE

PORT MOODY POPULATION AND DWELLING COUNTS

VISIBLE MINORITY POPULATION CHARACTERISTICS

Population in 2006 Population in 2001 2001 to 2006 population change (%) Total private dwellings Population density per square kilometre Land area (square km)

27,512 23,816 15.5 10,680 1,073.7 25.62

AGE CHARACTERISTICS

0 to 4 years 5 to 9 years 10 to 14 years 15 to 19 years 20 to 24 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 to 79 years 80 to 84 years 85 years and over

Total 27,515 1,670 1,830 2,005 1,910 1,595 1,520 2,050 2,460 2,790 2,620 2,060 1,675 1,150 805 550 375 265 165

Male 13,475 870 985 1,065 995 805 695 930 1,135 1,330 1,250 985 835 570 400 280 175 110 65

Female 14,040 800 850 945 915 790 825 1,115 1,330 1,455 1,375 1,075 840 580 405 265 200 160 105

SELECTED FAMILY CHARACTERISTICS Total number of census families Number of married couple families Number of common-law couple families Number of lone-parent families Average number of persons in all census families Median income in 2005 (all census families) Median after-tax income in 2005 (all census families) Median monthly payments for rented dwellings Median monthly payments for owner-occupied dwellings

8,090 6,105 900 1,090 3.0 $81,787 $69,648 $911 $1,397

IMMIGRANT STATUS AND PERIOD OF IMMIGRATION

Total population Non-immigrants Immigrants Before 1991 1991 to 2000 2001 to 2006 Non-permanent residents

MOTHER TONGUE

Total

Total population 27,440 English only 19,830 French only 280 English and French 20 Other language(s) 7,300

Total 27,440 19,125 8,050 3,745 2,775 1,535

Male 13,460 9,540 3,810 1,765 1,315 730

Female 13,980 9,590 4,245 1,980 1,460 805

260

115

145

Male 13,460 9,855 155 0 3,445

Female 13,980 9,975 130 15 3,855

Total Total population 27,440 Total visible minority population 6,940 Chinese 2,445 South Asian 825 Black 275 Filipino 750 Latin American 235 Southeast Asian 95 Arab 80 West Asian 425 Korean 1,180 Japanese 395 Multiple visible minority 160 Not a visible minority 20,500

Male 13,460

Female 13,980

3,320 1,195 365 110 350 90 35 45 230 600 165 80 10,145

3,625 1,250 465 165 400 140 60 35 195 575 230 80 10,355

EDUCATIONAL ATTAINMENT Total population 15 years and over

Total

21,940 No certificate, diploma or degree 2,530 High school certificate or equivalent 5,665 Apprenticeship or trades certificate or diploma 1,970 College or other non-university certificate or diploma 4,220 University certificate or diploma below bachelor level 1,330 University certificate, diploma or degree 6,230

INDUSTRY

Total

Total experienced labour force 15 years and over 16,045 Agriculture and other resource-based industries 245 Construction 900 Manufacturing 1,160 Wholesale trade 1,075 Retail trade 1,725 Finance and real estate 1,390 Health care and social services 1,455 Educational services ,650 Business services 3,585 Other services 2,855

Male

Female

10,540

11,400

1,220

1,310

2,410

3,250

1,335

635

1,880

2,340

610

715

3,085

3,140

Male

Female

8,275

7,765

185 800 905 685 820 605

55 100 255 390 905 780

210 565 2,190 1,310

1,245 1,090 1,400 1,545

Source: Statistics Canada

Totals may not always add up, due to rounding

Tri-Cities Economic Development Magazine 2010 ED 19

1-32 economic development_2010.i19 19

1/21/10 1:27:15 PM

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1-32 economic development_2010.i20 20

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Grow with us!

Imaginative, adventurous and creative, Port Moody is creating a balance between economic growth and the cityâ&#x20AC;&#x2122;s cultural, environmental and heritage values. Make your business a part of our vibrant waterfront community. Contact City Manager GaĂŤtan Royer at 604-469-4519 for development opportunities.

Tri-Cities Economic Development Magazine 2010 ED 21

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1/21/10 1:28:55 PM

Overview - Port Moody

Port Moody technology park a bold plan for the future

The City of Port Moody has an ambitious plan to attract high-tech businesses in a cluster of facilities that would accommodate 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 development 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 economic development. Under the leadership of Coun. Gerry Nuttall, Port Moody’s EDC

1-32 economic development_2010.i22 22

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-

1/21/10 1:41:14 PM

Overview - Port Moody Green roof level

T

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

ties. We’ve done a lot of work in the background,” said Hussain, a business consultant 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-

1-32 economic development_2010.i23 23

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, legal and accounting would be built into the initial facility to attract incubator businesses.

“There is a lot of expertise in this community 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 considered 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 conceptual design would group low-rise buildings above a multi-level parkade.

Stay tuned as the city refines its technology park plan.

1/21/10 1:41:37 PM

inlet centre

Port Moody

vibrant neighbourhoods 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 neighbourhoods that offer commercial opportunities.

Newport Village features five highrise towers, plus 130,000 square feet of commercial and office space. The Newport professional 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 platform 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 collection of services that includes City Hall, a recreation complex, works yard, fire department, library and Inlet Theatre.

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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.

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1-32 economic development_2010.i24 24

1/21/10 1:42:09 PM

city of the arts

Port Moody

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

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

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“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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Transportation a well-connected region

E

very wheel must have strong spokes to make it turn, and the Tri-Cities provide a crucial hub to help the wheels of Metro Vancouverâ&#x20AC;&#x2122;s transportation system

run smoothly.

Coquitlam, Port Coquitlam and Port Moody play a vital role in linking other cities 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-kilometre drive from Vancouver, just 55 kilometres to Vancouver International Airport in Richmond and about 40 kilometres to ports of entry to the United States, including the Peace Arch and Pacific Highway (truck) crossings.

One of the busiest crossings into Coquitlam 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.

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 completion 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 Highway, which bisects the city.

The biggest plan for transportation improvements in the Tri-Cities, though, is the Evergreen Line rapid-transit project. With an increased desire to move people throughout Metro Vancouver without the use of vehicles, the advanced light-rail technology used on the regionâ&#x20AC;&#x2122;s SkyTrain network is planned to expand into the Tri-Cities by 2014.

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.

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Arts & Culture Smart Power HybridTM Electric Standby operation is available on Thermo King's Spectrum SB and SB210+ Trailer Units as well as MD, RD, T-Series and Spectrum T- Series truck units.

arts investment pays dividends If, as John Updike once said, the arts provide a certain breathing room for the spirit, then the Tri-Cities are home to amazing artistic air. All three municipalities 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 inventory of venues runs the gamut 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 Cultural 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 centralize 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 activities that showcase the city’s musical and artistic flair. Its Terry Fox Theatre draws talented actors and musicians for a variety of performances.

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SHOP LOCAL in DOWNTOWN POCO

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CAR SHOW

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LIGHTING OF LEIGH SQUARE

These community events sponsored by the 300 Downtown Port Coquitlam Businesses in the PoCo BIA

www.pocobia.com

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