Editorial | New Business Park Will Bring Economic Gains to the Tri-Cities
A couple of weeks ago, the Tri-Cities Chamber of Commerce Board of Directors and myself had the pleasure of learning about the exciting new business opportunities the Kwikwetlem First Nation (KFN) has planned on their land in Port Coquitlam. The Kwikwetlem Business Park is 110 acres of land located south of Pitt River Road near Lougheed Highway and is one of the last parcels of land left in the lower mainland earmarked for light industrial and commercial use. As such, it presents a unique opportunity to enhance the entire Tri-Cities community in a variety of ways.
The plans for the property are remarkable. The Kwikwetlem First Nations traditional culture will be embedded in the site’s architecture and decor. Considerable time and attention have been given to intertwine the traditional design with elements that compliment the surrounding community. The Business Park will also feature a walking trail around the perimeter of the park that is publicly accessible,
providing great views and access.
The first building KFN hopes to build is a 120,000 sq. ft. health and wellness centre. This unique facility will be the cornerstone of the development offering services from the entire spectrum of healthcare practices including doctors, dentists, chiropractors, physiotherapists, medical imaging, and mental health support. Providing the necessary medical services to the Kwikwetlem First Nations and will be available to all Tri-Cities residents, people can receive virtually all their health care under one roof with practitioners working together to deliver the optimum care program. This will be an immense addition to the community.
The overall benefits of the Kwikwetlem Business Park to the Tri-Cities are tremendous. The park will provide access to world-class health care and thousands of local jobs allowing more people to live, work, and play in their backyard. The Tri-Cities will see positive economic spin-offs. To date, interests in the business park have been international in scope. Our local businesses will be able to support the needs of the business and people within the park during development and completion. Restaurants and stores in the area will see an uptick in business from the increased jobs and capital in the area.
All in all, this project is a win-win for the Tri-Cities and the Kwikwetlem First Nation. The park provides KFN a self-sufficient economy that will last for generations. The Tri-Cities will see a positive impact through an increase in economic development through the additional jobs and financial spin-offs that follow.
The land is ready to go but there is more that needs to be done before the Kwikwetlem Business Park can break ground. There are agreements between KFN and various levels of government that need to be finalized in order to move to the next stage of development. I hope that these agreements can get finalized in the not too distant future so that we can all start to see the benefits from this project.
Michael Hind, CEO