Regional District: Central Okanagan
With a trading area of 520,000 and infrastructure to support business, Kelowna and the Central Okanagan is the largest trading centre between greater Vancouver and Alberta. The Okanagan has a diverse economy with prime industry sectors including agriculture, tourism, retail trade, manufacturing, forestry and construction. Key growth industries for the Valley include information and high tech... Read More
With a trading area of 520,000 and infrastructure to support business, Kelowna and the Central Okanagan is the largest trading centre between greater Vancouver and Alberta. The Okanagan has a diverse economy with prime industry sectors including agriculture, tourism, retail trade, manufacturing, forestry and construction. Key growth industries for the Valley include information and high technology, film, viticulture and wine production as well as aviation and health care. With much in the way of available business resources, the Valley is an ideal destination for business start-ups, expansion and relocation. The Okanagan has become a prime destination for residential and small business relocations due to the exceptionally moderate climate, strong transportation, trained labour force and availability of diverse recreational opportunities.
The Regional District of Central Okanagan (Kelowna CMA) comprises the City of Kelowna, District of West Kelowna, District of Peachland, District of Lake Country, Central Okanagan J (census subdivision), Central Okanagan East Electoral Area (formerly Joe Rich – Ellison). The self-governed Westbank First Nation is also geographically located within the Central Okanagan Regional District. All have unique characteristics but are closely interrelated.
The Region has a well-diversified economy, with health care, education construction, agriculture and tourism being the main industries. The warm climate makes this area one of the more important agricultural centres in the province and is one of many attractions for tourists. Improved transportation links to the Lower Mainland have enhanced the Central Okanagan as a place to locate secondary and tertiary manufacturing.
The region has experienced significant growth in residential construction over the past several years. Key economic drivers in the region include the University of British Columbia, Okanagan Campus with an annual economic impact of $1 billion and YLW Kelowna International Airport with an annual economic output of $ 610 million. Kelowna General Hospital and Okanagan College are also major contributors to employment and economic impact in the region.
The Central Okanagan and the Okanagan Valley continue to undergo significant urban development. The Central Okanagan has more than 568 hectares of development-ready, industrially zoned land available to meet the growing demands of a population expected to reach 250,000 by 2032.
View facts and figures about Kelowna, 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).
@Business TypeHotels/MotelsPrice$3,890,000Real Estate IncludedYesReal Estate Value$RevenueCall for detailsCash FlowCall for detailsYears in BusinessCall for detailsIs Inventory Included@InventoryCall for detailsType of SaleShareBusiness DescriptionIncome generating investment within a growing townsh...
565 Bernard Ave, Kelowna, BC, V1Y 6N9
The District on Bernard is bringing a new life to Downtown retail with an Okanagan inspired design and unique retailers such as Fossellos, YLW Taco, MacDermott's, Pulp Fiction, Tommy Guns Barbershop, 1000 Palms, Cosmetic Culture, Optimiiize, Amni Apparel, and Copacabana Brazilian Spa. Great exposure...
**This image may not be a representation of the actual Business or Property for sale**Business TypeHair Salons/BeautyPrice$225,000Real Estate IncludedNoReal Estate Value$Revenue$316,288Cash Flow$79,000Years in Business2Is Inventory IncludedNoInventory15000Type of SaleShareBusiness DescriptionLocated...
View the list of First Nations with asserted traditional territory in this area.
Learn more about Building Relationships with B.C. First Nations.
The future of agriculture is focused on creating food for a growing global population with fewer resources, a lower carbon footprint, and less phys...
Not only is the European Union (EU) the second-largest economy in the world, it also contains a population of roughly 450 million consumers. An eco...
Have you ever considered the benefits of expanding your business and reaching customers within international markets? Did you know that the Compreh...
True or False? It’s the importing country’s responsibility to identify preferential tariff treatment for B.C. exporters
British Columbia has a vibrant Trade and Investment environment. Learn about recent industry success stories
throughout the province and across our many industry sectors.
Keep informed through our social networking sites. Follow us to join the conversation.