Market Intelligence, Real Estate News
Abbotsford is the largest municipality in British Columbia by land area and the fifth largest by population. With affordable residential real estate, accessibility to parks and recreational facilities, 62% of citizens both live and work in Abbotsford.
Abbotsford continues to attract the attention of investors and developers both locally and internationally. Our location, diversity and eye on sustainable practices all signal a city that is positioned for new ideas, innovation and investment.
In 2019, Abbotsford garnered the attention of an international audience being recognized as one of the Top 7 Intelligent Communities across the globe. This designation was awarded by the Intelligent Communities Forum, a non-profit policy research organization headquartered in New York City, focusing on job creation and economic development in the broadband economy.
Abbotsford’s debut in the global rankings among the Top 7 was determined through a thorough assessment of our digital readiness, our ability to embrace evolving technology, the quality of talent being cultivated through the University of the Fraser Valley, the adoption of sustainable practices by the City, which are yielding measurable results, and as the home of some truly ground-breaking innovation being fostered by Abbotsford-based companies.
Nearly 400 submissions were received for evaluation from all around the world and Abbotsford was one of only four Canadian cities to be considered for Top7 in 2019. Other cities included Victoria, Winnipeg and Sarnia.
Our role as a City is to create a business climate that helps first time entrepreneurs as well as established firms invest with confidence in Abbotsford. We draw on our expertise with municipal, provincial and federal regulations and statutes to help navigate processes, aid businesses to ensure compliance with applicable legislation and to work efficiently to help get your projects rolling. Abbotsford has broad horizons, and endless possibilities. Be part of the next story.
Visit the City of Abbotsford for more information.
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