Gravel Pit with Significant Future Development Potential

Terrace, the largest city in Northwestern B.C, and now considered to be Canada’s new “Energy Hub”, is the service and supply centre for the Region, servicing approximately 80,000 people. With affordable housing, picturesque settings, outstanding amenities and a quality of life that is hard to beat, Terrace is positioned to grow steadily as the region develops. The BC Government has confirmed funding for the construction of a new, state of the art, Regional Hospital in Terrace. With the development of the 1100-acre industrial park, located near the Terrace Regional Airport, numerous opportunities for employment is expected to bring many more families to the region. Terrace is the place to invest, both short and long termA rare opportunity to purchase one of the best gravel pit operations in North Western BC. This freehold property is 55+/- acres with an estimated volume of 1.4M3 of material, valued at about $10.5M. The property is well situated within the City of Terrace and has significant future development potential.