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 and staff are available to discuss your particular needs, can provide you with further information and connect you to landowners to discuss opportunities further. A short video highlighting three key areas for development is available HERE



15 Acre Keith and Kenney Light Industrial Lands

The site is currently owned by the City of Terrace and historically housed a sawmill, timber sort yard and was used historically for agricultural purposes.  The site is currently vacant and is comprised 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.

The Site is located within an industrial zone, near the city center and is approximately 700 metres northeast of the Skeena River and directly south of the Canadian National Railway. The lots are relatively flat with an asphalt access road crossing the Site.

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.  A subdivision concept exists for this property and interested investors are invited to contact the City to discuss further.

The City has an RFP out for sale of these properties. It is available on BC Bid until November 30th, 2018:

3 Acre Downtown Commercial Site

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 re-development. An RFP closes on November 30, 2018 for this property and is available on BC Bid

Business Opportunities - Invest in BC Website