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Commercial Opportunities Study

The City of Red Deer has been growing rapidly in recent years and is expected to continue to do so. In preparation for anticipated future growth and as part of its comprehensive planning process, the City wants to gain an understanding of how much commercial development might occur in the City over the next 20 years and what this growth potential means for future land use planning.

Therefore, the City of Red Deer retained Coriolis Consulting Corp. to:

  1. Analyze historic trends and current conditions in the commercial market in Red Deer and the surrounding area.
  2. Forecast the likely total amount and probable geographic distribution of new commercial development in Red Deer over the next 20 years.
  3. Forecast the likely total amount and distribution of new apartment residential development in Red Deer as an input to anticipating the potential for higher density mixed-use development in various locations.
  4. Help the City to define a vision for commercial growth over the long term and provide recommendations for possible changes to the City’s policies. This report contains the detailed analysis and recommendations for land use and urban development policy.

 Commercial Opportunities Study - June 2010

For more information, contact the Land & Economic Development department.