“Airdrie has long attracted new residents and businesses thanks to our ideal location and high quality of life, and the growth report is an amazing tool for documenting that growth and helping us plan for the future,” said Airdrie Mayor Peter Brown.
Airdrie continues to be one of the fastest-growing municipalities in Canada with a 26.8 per cent increase in population since 2016, a 22 per cent increase in business licenses issued over five years, and a 44 per cent increase in employment from 2016 – 2022.
“This year’s report highlights continued strong demand for residential real estate as well as strong levels of overall investment dollars in our community,” said Christa Sanders, economic development officer for the City of Airdrie.
One of the biggest changes to this third iteration of the report is the grouping of some statistics by their geographic area in the city.
“By breaking the city into sectors, this will better allow us to compare data on population, employment and development, helping to give us a clearer picture of what each sector will look like five or even 20 years down the road,” said Sanders. “This report has proved to be a vital tool for investors, developers, builders and businesses who are interested in being part of Airdrie’s tremendous growth and this change will help to further that.”
AIRDRIE’S GROWTH REPORT: TRACKING DEVELOPMENT AND CHANGE consolidates key metrics that help to navigate Airdrie’s real estate landscape and provides information and data sets relating to the following:
- Population, employment and growth rates
- Non-residential development
- Current and future inventory of housing by type
- Inventory of available and developable residential and non-residential lands
- A projection of future land consumption
Information in this report will be presented at the Real Estate Review occurring later this month as well as the Airdrie Business Breakfast and Economic Update taking place in November. More information about these events will be released on the City of Airdrie website and on the Airdrie Economic Development LinkedIn page.
Find more information about the report, as well as a link to the document, at AIRDRIE.CA/GROWTHREPORT.