Retail Market Analysis 2023

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City of Grande Prairie Retail Market Analysis

Grande Prairie is a vibrant, flourishing regional centre providing shopping and

for residents of Northwestern Alberta and Northeastern British Columbia.

Statistics

Regional Trade Area Population - 295,079

Primary Trade Area Population - 176,833

Total Trade Area Spending - $3.7 billion

Retail Sales In ow - $446 million

Average Household Income - $120,000

Median Age - 34 (Alberta - 33.7)

Retail Demand - 3,937,040 sq. ft.

Current Inventory - 3,822,101 sq. ft.

Residual Demand - 115,000 sq. ft.

All gures are 2022 actuals (re ecting COVID-19 impact)

Drive Times & Distances

Dawson Creek - 130 km (1.5 hr drive)

Fort St. John - 200 km (2.25 hr drive)

Edmonton - 450 km (4 hr drive time)

Trade Area Populations

PTA - 176,833

STA West - 61,462

STA North - 26,420

STA East - 30,363

Edmonton Calgary PEACE RIVER MANNING FAIRVIEW GRANDE CACHE DAWSON CREEK BEAVERLODGE FORT ST. JOHN HUDSON’S HOPE TUMBLER RIDGE WHITECOURT FOX CREEK VALLEYVIEW HIGH LEVEL FORT VERMILLION Grande Prairie 2 16 43 40
PTA STA North STA West STA East
the growing list of retailers in Grande Prairie...
services
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Please enquire with Invest Grande Prairie for more details and investment opportunities in the City of Grande Prairie. ecdevinfo@cityofgp.com | 780-357-4969 | investgrandeprairie.com Grande Prairie Retail Opportunities Future Retail (zoned commercial) Existing Retail (zoned commercial) Countryside Crossing (Prudential Lands) West Terra (North West Developments) Westgate Centre East (Wexford Capital LP & Wam Development Group) Westgate Centre West (Wexford Capital Lp) Vision West (KCM Commercial) Centre West (KCM Commercial) South 40 (Avison Young) Stone Ridge (Greentree) Grande Banks (Prudential Lands) Trader Ridge (Cushman Wake eld) Northridge Commercial Centre (KCM Commercial) Prairie Mall (Morguard) Prairie Ridge Centre (Artis) Cobblestone Lane (Camgill Enterprises) Melcor Crossing (Melcor) Downtown Grande Prairie (Grande Prairie Downtown Association) Railtown & Tuscan Square Resources Road (Avison Young) Mission Estates (Camgill Enterprises)

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