Why Grande Prairie?
Grande Prairie’s vibrant economy has developed with years of steady growth. The City is in an enviable position with a diverse economic base, a local real estate market that remains an affordable and continuous opportunity for growth and diversification.
Strong resource markets in agriculture, forestry and oil and gas are the foundation of the strong economy where many energetic, business-minded people are capitalizing on the region’s growth and prosperity. Grande Prairie is a place that embraces entrepreneurship, innovation and new ideas. Come share yours here.
The Grande Prairie Business Advantage:
- No provincial sales tax and low-cost tax regime
- Rich natural resources, including natural gas, natural gas liquids, oil, oil sands, lumber and agricultural land
- Presence of major corporations such as EnCana, Husky, Canadian Natural Resources, Weyerhaeuser and Canfor
- Status as a regional service centre for a market of over 280,000
- A diverse economic portfolio with many pillars supporting fast growth
- A young population, growing at an average rate of 3.69% annually
- Affluent families; household discretionary income nearly double the national average
Industrial Land and Vacant Lots
Looking for the perfect site for your business? There are 8 industrial parks and 6 business parks in Grande Prairie. All industrial and business parks have opportunities for development alongside longstanding and reputable businesses.
See the above map for all the commercial and industrial areas in Grande Prairie hosted on Google Maps. Contact the Economic Development Department to discuss opportunities in Grande Prairie.
Land Development Opportunity
An Expression of Interest (EOI) is open for two parcels of City-owned land, providing unique opportunities to explore innovative funding models and partnerships with the City of Grande Prairie.
The first land development opportunity is approximately 2.5 Acres located in Grande Prairie’s vibrant City Centre, just south of Montrose Cultural Centre. The Expression of Interest presents a unique opportunity as the City is open to exploring options that benefit the community and align with strategic priorities. Proponents interested in this parcel of land should be familiar with the South Montrose Site Masterplan as this conceptual design has been identified as a key priority by City Council.
Zoned as Central Commercial (CC), the South Montrose Parcel supports a variety of uses, including but not limited to mixed-use, retail, office, entertainment, government service, and hotel. While the zoning allows for a variety of uses, submissions identifying community benefit and innovative solutions to integrating with the South Montrose Site Masterplan will be favourable.
A second parcel is also open for Expression of Interest (Resources Road Parcel) which is 17.83 Acres located on Resources Road between 68th Avenue and 76th Avenue. The Resources Road Parcel is zoned as Arterial Commercial (CA) and is located on a high traffic corridor which sees annual average weekday traffic of 52,846. Approximately 778 meters of land has frontage on Resources Road which supports high visibility for diverse commercial opportunities.
Overall, the EOI process allows the City to maintain equitable disposal of municipally owned land while ensuring broad market exposure to attract investment in the community. Additionally, it allows the city to solicit interest in the land and utilize discretion for its final sale to ensure it meets strategic municipal goals.
Visit the Bidding & Opportunities page to review the EOI.
Monthly Economic Newsletter
Economic Development publishes a monthly newsletter where we highlight economic indicators and short news stories on major announcements and developments that may impact the local economy. Subscribe here, or view archived issues here.