The City of Coquitlam is committed to creating a business environment which allows your business to grow and prosper. The City has streamlined processes and is committed to the continuous improvement of the business environment. The City of Coquitlam is dedicated to ensuring that you receive excellent value from your investments in our community.
Coquitlam supports the success of your business and aims to be the easiest place in Metro Vancouver to start and grow a business – these factors contribute to our success:
- Location – Coquitlam's major industrial area is positioned near the geographic centre of Metro Vancouver with easy access to the expanding TransCanada Highway corridor. This area has been the choice of major retailers including IKEA, Home Depot, Rona, HomeSense and other major furniture retailers. Serving as the business and retail core of the Northeast Metro area, Coquitlam City Centre will be served by SkyTrain (rapid transit). City Centre offers an attractive and diverse urban core, including one of Metro Vancouver's best shopping areas, coupled with excellent community and outdoor amenities.
- Access – Coquitlam has excellent access to major routes like the Trans Canada Highway (Highway 1) and the Lougheed Highway (Highway 7), international rail corridors, Port facilities and the Vancouver and Abbotsford International airports. Coquitlam is 30 minutes from downtown Vancouver and 40 minutes from the US border.
- Market – Coquitlam’s population of 125,000 is expanding. Metro Vancouver estimates the population of Coquitlam to be 176,000 by 2021 and 224,000 by 2041. The Northeast Metro Area is expected to grow at similar rates.
- Labour Pool – Coquitlam has access to a large and well-educated labour force. The City is within close proximity and has easy access to the 2.1 million population of the Lower Mainland.
Business and Industry at a Glance
The City of Coquitlam is a vibrant, diverse and growing community of 127,000, which is uniquely situated in the heart of Metro Vancouver. Coquitlam’s diversified local economy provides businesses with excellent access to labour, transportation and markets. The City of Coquitlam’s growing and diverse business community is driving job creation and economic growth. The major sectors, based on labour force numbers, are: Professional Services; Retail / Wholesale Trade; Manufacturing; Technology; Public Administration; Transportation; and Construction.
Public projects such as the Poirier Sports and Leisure Complex, the new City Centre Public Library, the Port Mann Bridge and King Edward Overpass and the Evergreen SkyTrain line, combined with significant investment in private sector development projects, in areas such as the City Centre, and the growth of organizations like Douglas College, Natural Factors and Coquitlam Centre, have made Coquitlam a popular destination. These infrastructure and amenity investments have created numerous business and economic development opportunities.
Proximity to major transportation networks,including the Vancouver and Abbotsford International airports, Port facilities and excellent access to the 2 million plus Metro Vancouver market and the 10 million citizen trading area, which stretches from Vancouver, BC to Oregon State in the United States, make Coquitlam an attractive choice for a variety of transportation, logistics, technology and manufacturing companies.
The next decade promises to be a very exciting time for the City of Coquitlam’s residents and businesses. As the regional service centre for Northeast Metro Vancouver, Coquitlam is experiencing tremendous growth and investment. The next decade promises to be a very exciting time for the City of Coquitlam’s residents and businesses.
Contact the economic development office at the City of Coquitlam to learn why Coquitlam is an excellent place to place to Invest, Innovate, Grow and Prosper.
For further information on tourism development opportunities, please contact:
Manager, Economic Development
City of Coquitlam
3000 Guildford Way, Coquitlam, BC, V3B 7N2