Community investment profile 2015

Page 1

The Beaumont Advantage Our community has been the choice for over $1 Billion in new investment in recent years. Our population of 18,320 residents* (and growing!) with 160 store front businesses and approximately 300 home based businesses is ready to work with you! q LOCATION

q GROWING

q 2km south of Edmonton, 5 minutes to the Anthony Henday Freeway q 3km from the Nisku Business Park / International Region q Just minutes from the Edmonton International Airport q 5th fastest growing community in Canada (Canada 2016 Census) q Population increase of 8571 people since 2007; an 88% increase! q Consistent average increase of 5-6% per year since 2000 q Town boundaries increased by 21 quarter sections of land in 2017

q HERITAGE / BILINGUAL

q One of three officially bilingual communities in Alberta. q All schools offer French immersion; École Saint-Vital is a Francophone school operated by Conseil scolaire Centre-Nord q 9% of residents indicate regular use of more than one language

q YOUNG

q EDUCATED

q HIGH INCOMES

q Average Age 32.7; Median Age 33.2 q 26% of the population is under age 16 q Ages 5-9 (8.9%) and 35-39 (8.5%) are the largest age cohorts q 32.2% of the population is between age 20 – 44 q 59% have some post-secondary education q 18% have a University Degree Median Household Income

$140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 0

*2017 Beaumont Census

z Canada z Alberta z Beaumont


q EXPANDED BOUNDARIES

q 21 quarter sections of new land awarded to Beaumont in 2017 q New opportunities for light industrial, business park and other non-residential developments q Adjacent to a high-load corridor with direct access to Edmonton International Airport

q RETAIL MARKET INFORMATION

q Over 150,000 ft2 of new retail and office space is currently under construction q Through growth and appreciation our Non-Residential Assessment has grown by over $138 Million in less than 10 years

q KEY COMMERCIAL AREAS

q KEY DEVELOPMENT DOCUMENTS

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 Utility Master Plan (pending) q Centre-Ville Area Redevelopment Plan (Update in 2018) q Land Use Bylaw (Update in 2018) q French Village Design Guidelines (Update in 2018)

q OUR BUSINESS q Over 160 storefronts COMMUNITY q The Beaumont Chamber of Commerce engages, supports and advocates for the Beaumont business community. q MUNICIPAL TAX RATE

q 2017 Residential tax rate 9.086 mills q 2017 Non-residential tax rate 12.5727 mills

For more information please contact Bert Roach, Economic Development Officer Phone: 780-929-1364 Cell: 780-616-4647 Email: bert.roach@beaumont.ab.ca


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