Why Red Deer?
Red Deer is located in Central Alberta next to the Queen Elizabeth II Highway (also known as Highway 2), the busiest highway in Alberta, which runs north to south between Edmonton and Calgary. This highway provides easy access to the rest of the province and Canada. Red Deer has immediate access to over 81 per cent of Alberta's 4.4 million population in a two hour drive, making it's central location an ideal place for warehousing and transportation companies.
Centrally located in Western Canada, just over 1,000 km east of Vancouver, 1,500 km from Prince Rupert, 150 km from the two largest cities in Alberta (Edmonton and Calgary), and 400 km north of the Carway border crossing to the United States, Red Deer benefits from being located along the most populated transportation corridor in Alberta and in one of the most prosperous regions in North America. In addition, Red Deer boasts an immediate trade area of over 308,000 people and beyond that access to over 15 million people in Western Canada and U.S. Pacific Northwest markets.
Queens Business Park
For companies that require convenient access to travel routes, the Queens Business Park has permit-ready industrial land with all the infrastructure already in place to create ready-to-build customizable lots. The Queens Industrial Park lots include, municipal water, sanitary and storm sewers, gas, power and curb and gutter. With over 48 acres available to purchase it is easy to make Red Deer the home for your business.
The Red Deer Region is served by road, rail and air. The QEII Highway sees more than 16 million trips annually by automobile, with roughly 5,000 one-way trips between Red Deer and Edmonton each day. In 2016, the Red Deer Regional Airport completed a 2,000 foot extension to its existing runway for a new total of 7,500 feet. This extension enables the airport to accept larger aircraft and increases the opportunities for businesses that require access to the entire world. The Red Deer Regional Airport now has a Fixed Base Operator, providing exceptional customer support to their Private/Charter traffic.
In Red Deer there is an abundance of commercial opportunities as well. Whether professional or retail, Red Deer has space for you. The Timberlands development on the northeast side of the city provides access to some of Red Deer's newest neighbourhoods and with a large customer base within easy walking distance with more homes being built daily.
The Capstone development will create a vibrant, walkable, mixed-use district in Red Deer's Greater Downtown. It will feature a mix of medium and high density residential development, complimentary commercial opportunities, beautiful riverfront gathering areas, pedestrian-friendly trail connections, public art, cultural spaces and outdoor amenities. This 20 year Master Plan vision imagines 5,000 new residents living in some 2,000 new townhomes and condos with an additional 2 million square feet of commercial development bringing activity to the streets day and night. Visit www.liveincapstone.ca to learn more about this visionary new community and the great spaces it will offer to live, work, play and unwind.
Red Deer has an excellent business environment which has many advantages for all businesses to assist them in being more competitive in the provincial, national and world markets. Some of the advantages that Red Deer businesses enjoy are:
- no business taxes (over and above property taxes)
- no capital tax
- no machinery and equipment tax
- no payroll tax
- provincial corporate income tax of 8 per cent, small business rate of 2 per cent
For more information on Red Deer and our business environment please contact the Economic Development team at firstname.lastname@example.org or call 403-342-8106.