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City releases 2022 report on growth metrics

October 11, 2022 / For Immediate Release

AIRDRIE, ALBERTA – The City of Airdrie has released its 2022 report on land and real estate related growth metrics.

“This year’s report really highlights the immense activity and growth the city experienced in 2021 and demonstrates how we are set up for success in the coming years,” says Christa Sanders, economic development officer for the City of Airdrie. “The report also identifies opportunities to fill the gaps in the market where we know pent-up demand exists.”

Airdrie continues to be one of the fastest-growing municipalities in Canada with a 20 per cent increase in population since 2016, a 24 per cent increase in business licenses issued over five years, and a 36 per cent increase in employment from 2016 – 2021.

“The growth report is a great road map for investors, developers, builders and businesses who have recognized Airdrie is the ideal place to build and grow,” says Sanders.

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 upcoming Airdrie Business Breakfast and Economic Update, as well as the Real Estate Review occurring later this month. 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.

Media Contact:
Justina Contenti
Communications Advisor
justina.contenti@airdrie.ca
403.629.0466

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