Investing in City of Langley, British Columbia

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Overview

Region:  Lower Mainland/Southwest

Regional District:  Greater Vancouver

Centrally located in Southwestern BC’s Lower Mainland, Langley City is one of Metro Vancouver’s dynamic and thriving Regional City Centres.

Within just 10 square kilometers (4 square miles), Langley City contains one of the most active commercial and industrial land bases in the Lower Mainland, spurring significant growth in high-density residential development. The City is transected by 300 acres of parkland and natural lands, providing tranquility to several single-family neighbourhoods. The community is home to Kwantlen Polytechnic University, the Cascades Casino Resort with Coast Hotel & Convention Centre, a vibrant pedestrian-oriented downtown core, and a destination shopping district of regional significance. 

With a thriving economy, affordable housing, affluent markets, and a family-oriented community, Langley City is one of the region’s top destinations for future growth, as evidenced by BC Transit’s planned Light Rail Transit (LRT) extension from Skytrain to Langley City.

QUICK FACTS
POPULATION  
275,000 people in trade area (15 km area) 27,000 people within city limits
projected to double over next decade 8.8% averaged 5-year area growth (2016)
GROWTH & DEVELOPMENT
Nearly 250% growth in construction value over the last five years (2018)
EMPLOYMENT
Ranked #5 of the Best Cities for Work in BC (BC Business, 2017)
One of the highest ratios of jobs to population among Metro Vancouver municipalities.
TRADE POTENTIAL
$3.84 billion trading market in primary trade area (15 km area)
AFFORDABILITY
HOUSING: 40% less than comparable housing in East Vancouver
LOW LEASE RATES: $8 – $35 sq ft
LOW TAXES: one of the lowest commercial to residential mill rates (2016 NAIOP)
BUSINESS-FRIENDLY
FAST APPROVAL TIMES: one of the best in the region (2016 NAIOP)
EXCEPTIONALLY Supportive Business Community and Local Government

 

* Langley City is a separate municipality from the more rural Township of Langley. Langley City is a regional urban hub, with growth and development extending beyond its 10 square km borders into neighbouring City of Surrey and Township of Langley, blurring municipal boundaries for most visitors.

http://www.city.langley.bc.ca

Map

Community Size: 10.29 km²

The BC Economic Atlas provides an intuitive way to gain a better understanding of B.C.’s vibrant economy and diverse communities by making information available from thousands of data sources through the use of interactive maps. This information can be used for opportunity identification and business case analysis by site selectors and corporate investors.

Statistics Navigator

View facts and figures about City of Langley, BC to help inform your investment research. Click the title to expand and display the statistics.

NOTE: Driving distances are measured using the road/ferry network starting with a key point in a community (e.g main office address).

 

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Communities Nearby

 
Recent opportunities in the area

Alran-cross-laminated-timber

Vancouver, BC
A small business manufacturing opportunity in Cross Laminated Timber or “CLT”, a cost-competitive, strong, light, multi-layer, wood building panel system, the preferable sustainable building material of the 21st century. CLT demand is estimated to grow to 1.2 to 3.6 million m3/yr. at 5 to 15% market... continue

Health Food Store - Rustic Roots is a business for sale in BC.

Health Food Store - Rustic Roots

113 4061 200 Street, Langley, BC
Do you have a passion of helping people to live a healthy lifestyle? Langley and area's trusted resource for green, organic, and sustainably-produced foods, supplements, beauty care, and household products for the past 25 years is for sale. A family owned and operated natural food store inspiring he... continue

Langley Location is a commercial real estate opportunity in BC.

21183 88 Ave - Langley Location

21183 88 Ave, Langley, BC, V1M 2G5
When your dog wants nothing but the best services, visiting Urban Pets is perhaps the best decision that can help your pet get a clean and happy life, any day. These Langley dog groomer specialists allow every pet to get nothing but the best services to make their life better. https://urbanpetsstore... continue

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