- 183,000 sq. ft of commercial space available for immediate investment opportunity
- Potential resident retail development sales capture $262 million annually
- Total annual retail expenditure: $600+ million
- Current retail/commercial market capture: $70+ million
Community Profile
We are looking at growing together with you and your business. Businesses are a priority here and we have the resources to help you make Morinville a place for your business and home.
Our Retail Market Analysis shows a detailed analysis of Morinville's business community.
Helping your business growth by working together with the community is an economic priority.
Snapshot of Morinville
We have demonstrated that we are truly open for business. Our Council and leadership team have proven their support of the business community by providing existing businesses and future investors the certainty and confidence required to invest in Morinville. Our ideal geographical location within the Capital Region, competitive tax rates and family friendly community has resulted in a 16% population increase in the last five years. For more information, view the latest census report. Our diversified and vibrant business community includes over 300 businesses with a broad sector representation from manufacturing, to light industrial, commercial and retail.
We are proud of our award winning multi-national corporations, distinguished boutique shops and dedicated home-based business owners. Our extraordinary amenities, world class festivals and events, and small town charm inspire an educated and skilled workforce to call Morinville home.
Morinville advantages
- Current population: 10,578
- We have seen a 16% population growth in the last five years
- New recreation facility – Morinville Leisure Centre
- Six schools - with two new schools that opened in 2020
- Median household income: $108,000; $12,000 higher than the provincial average
- Young and family-oriented demographic; median age of 36.4 years
There's more in Morinville!
Contact us
Economic Development and Investment
St. Germain Place
10125-100 Avenue
Morinville, AB T8R 1L6
Phone 780-939-7859
Fax 780-939-5633
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