Economic Development


An abundance of available and affordable land is available in Terrace for commercial, residential, and industrial development. The City mantains an inventory of lands. Staff are available to discuss your particular needs, provide you with further information, and connect you to landowners to discuss opportunities further.

Terrace's three key development areas

Terrace has many benefits to offer businesses looking to develop or expand. Watch our investment video highlighting three key development areas.

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Explore local opportunities

Find our three key development areas and other investment opportunities on the map.


Search available properties through our Investment Portal


More information about our key development areas

Skeena Industrial Development Park

The Skeena Industrial Development Park (SIDP) is a greenfield site ready for new development The City of Terrace is committed to working with interested groups to enable development. 


  • Currently has four property owners with a significant amount of land still available for development
  • Many utilities and infrastructure already in place, an asset for any additional businesses who chose to site at SIDP
  • Soil is alluvial gravel, which has excellent drainage and seismic stability and is capable of withstanding heavy loading associated with a broad range of industrial developments
  • Suitable for businesses that would not be suitable for available in-town commercial lots
  • Other land owners may also have available lands for lease or sale and the City can provide introductions to those developers


15-Acre Keith and Kenney Light Industrial Lands

The 15-Acre Keith and Kenney site is currently owned by the City of Terrace and previously housed a sawmill and timber sort yard. Prior to that, it was used for agricultural purposes. The site is currently vacant and is composed of three lots totalling 6.13 hectares. The adjacent 2-hectare lot at 5004 Keith Avenue was sold by the City and will be the site of a new car dealership.


  • Located within an industrial zone near the city centre
  • Approximately 700 metres northeast of the Skeena River and directly south of the Canadian National Railway
  • Lots are relatively flat with an asphalt access road crossing the site
  • A subdivision concept exists for this property and interested investors are invited to contact the City to discuss further

The City received confirmation from the BC Ministry of Environment that the site is no longer classified as a contaminated site; it is thus readily available for re-development. 

3-Acre Downtown Commercial Site

This is a 2.78-acre site in the core of Terrace's downtown at 4617 Greig Avenue. This site recently received a Certificate of Compliance and is ready for redevelopment.

Explore other opportunities in Terrace

Visit Trade and Invest BC to find other business opportunities in Terrace.

Search opportunities in Terrace

Ready to get started?

We're here to help. Contact us or dive further into the data in our Investment Portal.

Contact us

Call us or visit City Hall and we will be happy to talk about what makes Terrace an excellent place to live, work, and invest.

City of Terrace Economic Development

Delve deeper

Our Investment Portal is packed with data, mapping tools, and economic development resources that highlight Terrace's advantages.

Explore the Investment Portal