Development & Construction
The RUNWAY Business Park Network is the place to be in Fredericton! As the largest business park network in the Maritime Provinces, the Runway is an 18 km commercial corridor stretching from the west-end to the east-end of the city encompassing four nodes:
The Runway offers a critical mass of businesses in industries as diverse as technology, R&D, education, aerospace & defence, manufacturing, retail and service.
Land and space is available for development with access to amenities and services. There is a "perfect location" for every type of business! For more information, see Runway.
ConstructionThe City continues to experience steady and continuous growth. In 2009, the value of construction was $122 million. Fredericton's strong employment base supports a dynamic housing market, and growing commercial, industrial and institutional sectors.
City of Fredericton Value of Construction Trends (1998-2009)
Fredericton offers a wide range of affordable housing options given all the new residential construction of apartments, executive housing, newly developed subdivisions, etc. In 2009, 506 new residential units were constructed.
Total Residential Units 1998-2009
