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 Home » Business » Cost of Doing Business » Construction and Occupancy
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Construction and Occupancy

Lethbridge business owners continue to enjoy lower construction and occupancy costs compared to many other communities.

The Competitive Alternatives 2010 study by KPMG found that Lethbridge ranked lowest in terms of cost per acre of industrial land and cost per square foot of facility investment. We were ranked second lowest in terms of construction of manufacturing facilities and fourth lowest in office leasing costs.

This is largely due to the access our core industries have to a ready supply of industrial sites, big box stores, smaller strip malls and office towers in and around Lethbridge.

 

The City of Lethbridge, in Sherring Business and Industrial Park has approximately 170 acres of serviced industrial land for sale. These serviced lots range in price from $135,000 to $205,000 per acre, pricing is currently under review.
 

 

Building Permit Summary
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International Facility Cost Comparison
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Lethbridge Major Development Projects
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Figure A.12
Lethbridge & Region, Major Development Projects 2010 & 2011
Project Outcome Value
(in Millions)
Expected Completion
Commercial Sector $ 195.7  
Energy Total $ 178.0  
  Alberta Electric System Operator (AESO) Electrical System Upgrades (240Kv) $ 133.0 Fall 2010
  Alberta Wind Energy Corp. Oldman River Wind Farm $ 45.0 2012
Hospitality and Tourism Total $ 17.1  
  Hampton Inn Hotel $ 9.2 Spring 2010
  The Coast Hotel & Conference Centre Hotel & Conference Centre; Renovations, Upgrades and Expansion $ 8.5 Spring 2010
Industrial Sector $ 116.5  
Agrifood Total $ 39.5  
  Agropur Cheese Plant Expansion $ 23.0 2011
  Richardson International Ltd. Canola Oil Processing Plant Expansion & Lab Facility $ 16.5 2012
Biofuels Total $ 77.0  
  Bfuel Canada Biodiesel Processing Facility $ 43.0 2011
  ECB Enviro North America Inc. Biogas and Co-Gen Plant (3.2 MW) $ 10.0 2011-2012
  Kyoto Fuels Biodiesel Processing Facility $ 24.0 Fall 2010
Institutional Sector $ 484.7  
Core Infrastructure Total $ 78.6  
  City of Lethbridge North Scenic Drive Upgrade $ 19.0 2013
  City of Lethbridge Industrial Fleet Building $ 17.8 2011
  City of Lethbridge Transit Facility Expansion $ 16.4 2014
  City of Lethbridge Wastewater Treatment Plant Upgrades $ 11.3 2013
  City of Lethbridge Garry Drive Reservoir $ 5.1 2012
  Town of Picture Butte Water Pipeline: Lethbridge to Picture Butte $ 9.0 2011
Arts and Culture Total $ 18.5  
  City of Lethbridge Community Arts Centre $ 12.6 2013
  Southern Alberta Art Gallery Art Gallery; Interior/Exterior Renovations & Addition $ 5.9 Fall 2010
Community Supports Total $ 10.2  
  Church of Jesus Christ LDS 'Lethbridge Welfare Complex' Office & Warehouse $ 5.2 2011
  École La Vérendrye Multi-use Community Centre & Educational Facility $ 5.0 Spring 2011
Health Services Total $ 87.4  
  Alberta Health Services Associate Cancer Centre Outpatient Service Building & Radiotherapy Unit $ 44.0 Spring 2010
  Alberta Health Services Lethbridge Regional Hospital Parkade $ 17.1 2012
  Legacy Lodge Assisted Living Facility $ 20.0 Summer 2010
  St. Michaels Health Centre Assisted Living Facility $ 6.3 2011
Post-Secondary and Training Total $ 135.3  
  Lethbridge College Trades & Technology Building $ 50.0 2012
  Lethbridge College Student Residence $ 13.6 Fall 2010
  University of Lethbridge Markin Hall Building; School of Health Sciences & Faculty of Management $ 65.0 Summer 2010
  University of Lethbridge Renovations - University Hall $ 6.7 2011
Recreation & Leisure Total $ 50.4  
  City of Lethbridge Twin Ice Centre $ 10.8 2013
  Enmax Centre Multi-use Arena; Renovations, Upgrades and Expansion $ 33.7 2012
  Exhibition Park Infrastructure Upgrades & Replacement $ 5.9 2012
Safety Total $ 19.8  
  City of Lethbridge Firehall $ 19.8 Summer 2010
Schools Total $ 81.2  
  Alberta Infrastructure Picture Butte Jr/Sr High School Modernization $ 13.4 2011
  Lethbridge Public School Division Gilbert Patterson Elementary School; Interior/Exterior Renovations $ 7.8 Fall 2010
  West Lethbridge Centre Two high schools, a 42 acre sports field complex and a public library $ 60.0 Summer 2010
Total: Lethbridge & Region, Major Projects 2010-2011 $ 793.6  

Notes

i This list is indicative of major projects but is not necessarily comprehensive of all Lethbridge and region activity
ii Includes projects valued at $5.0 million or higher
iii Categorized by project sector and subsector

Sources

i Alberta Finance & Enterprise, Inventory of Major Alberta Projects 2011
ii City of Lethbridge Capital Improvement Plan 2010


Economic Development Lethbridge
308 Stafford Drive South
Lethbridge, Alberta, Canada   T1J 2L1

Phone: (403) 331-0022
Fax: (403) 331-0202
Toll Free: 1-800-332-1801

E-Mail: info@chooselethbridge.ca

Investment Inquiries Contact:
Renae Barlow
Director, Business Development & Marketing

Phone: (403) 331-0022
E-Mail: renae@chooselethbridge.ca

Convention & Events Contact:
Kerry Lowe
Director, Convention & Events Development

Phone: (403) 331-0022
E-Mail: kerry@chooselethbridge.ca

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