The High Cost of our Low Supply of Industrial Lands

Recent predictions are that we will run out of industrial land by 2020. Rapidly increasing land prices, conversion to other uses and high competition among industrial users are just some of the factors that are already forcing many industrial users to locate in other markets. Is the region’s industrial land supply going to hit the proverbial brick wall? Will we be able to make space for newcomers and the evolving needs of industry? What are the impacts to our economy? Join us for a discussion with Tom Corsie, VP Real Estate at Vancouver Fraser Port Authority to hear his insights on the dynamics of the region’s industrial land market and discuss some of the strategies the Port is employing to address these challenges.