Economic Development

Nelson boasts a vibrant and blossoming economy. As the service centre for the West Kootenay, the community offers many big city amenities while retaining a small town atmosphere. As the “small arts capital of Canada,” Nelson takes the sophisticated approach of integrating art into the community. Nearly every restaurant and public centre doubles as a gallery. Unique shopping opportunities abound and reflect the talent of our artists and craftspeople. Nelson's live entertainment venues host first-rate performances year round, and combined with the selection of fine restaurants, brings the advantages of big city cultural nightlife.

Development is soaring in Nelson, with the largest areas of growth in education and small and medium-sized businesses. Nelson is working to attract high tech industry, education, tourism, value-added manufacturing, light industry and other areas of technology to our economy.

Investors will benefit from an educated and skilled workforce, access to major transportation routes and proximity to markets on the West Coast, and in Alberta and the United States. The average residential house price in Nelson at the end of 2009 was $340,000; the average rental rate for commercial office space is between $9 and $14 per square foot, with an average vacancy rate of 2 percent. Serviced industrial land is available for development.

We welcome you to check out life in Nelson.

 

 

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