Five Reasons to Invest in New Westminster

ONE | Five Skytrain Stations in Close Proximity

So What?  The labour force is more mobile, which also means fewer cars are on the road (more environmentally friendly). There is currently a lowering dependency on vehicles means a nearby transit stations have become a large factor in home buying as well. Not interested in the residential side? Well, commericial spaces within 500m of a transit station yield higher net rent than those further than 500m ($22.01/sf  vs. $17.01/sf respectively)

Now What? “In the ’70s and ’80s it was location, location,   location. In the ’90s through mid-’2000s, it was timing, timing, timing. And from here forward, it’s transit, transit, transit.” –Bob Rennie, Rennie Marketing.
In New West you are in the right place, at the right time, with the right mode of transportation.

TWO | History

So What?  Re-using historical buildings strengthens the tax base; As John Conicella of Wesgroup commented, “New West has the best collection of heritage buildings in an urban setting in the province”. In other words, the historical buildings in New West are incomparable in BC.

Now What? Revitalizing and re-using the historical buildings offers a unique opportunity to investors and developers in that they can revitalize or enhance a piece of history that is now central not only to an urban city, but to the Lower Mainland itself.

THREE | Centrality

So What? New West is situated at the geographical centre of the Lower Mainland, making it a prime location to live, work, and play. Thanks to this central location, when you choose to venture out, you can be virtually anywhere in the Lower Mainland within 20 minutes.

Now What? Being central means moving supplies is simpler, and travel for employees is simpler (especially when combined with the current transit infrastructure).

FOUR | Community

So What? New West has a uniquely tight-knit community that is highly invested in the well being and future of this city.  

Now What?  While this may seem like a double-edged sword, it is more favourable than detrimental because not only are New West residents passionate, they are intelligent. Consider the community your partner, keep open lines of communication, and they will move mountains for you.

FIVE | Affordability

So What?  In New West you will have an urban setting without the downtown Vancouver price tag. The City has implemented an Affordable Housing Strategy that is drawing in new people and fresh talent. This is good news for local businesses and developers. Competitively priced land with lowered risk.

Now What? New West is on the cusp of great change, so right now is the perfect time to invest.  Maximize your ROI. Invest in New West.