Hope BC Retail/Commercial Market Study

2011 Census Hope Drive Times Hope Drive Times Hope Drive Times Hope Drive Times Hope Drive Times

Population and Dwelling Counts 0 min - 10 min 10 min - 30 min 30 min - 60 min 60 min - 90 min 90 min - 120 min

2011 Population 5,582 8,704 205,155 591,436 1,703,830

2006 Population* 5,482 8,458 188,192 515,603 1,587,752

2006-2011 Population Change

Persons 100 246 16,963 75,833 116,078

Percent Change 1.82% 2.91% 9.01% 14.71% 7.31%

AAGR (%) 0.36% 0.58% 1.74% 2.78% 1.42%

AAGR (#) 20 49 3,393 15,167 23,216

Source: Statistics Canada 2011 Census data, PCensus drive time trade areas.

2011 Census

Population and Dwelling Counts

2011 Population 6,335 77,936 4,400,057

2006 Population* 6,275 69,217 4,113,487

2006-2011 Population Change

Percent Change 0.96% 12.60% 6.97%

AAGR (%) 0.19% 2.40% 1.36%

2011 Private Dwellings 3,060 32,059 1,945,365

Occupied by Usual Residents 2,756 30,432 1,764,637

Source: Statistics Canada Census data.

Hope Convenience PTA Chilliwack (CY), BC British Columbia

AADT Traffic 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

West of Hope on

Hwy 1

15,634 15,466 16,074 16,386 16,506 17,011 16,310 16,858 17,584 14,817

-1% 4% 2% 1% 3% -4% 3% 4% -16%

West of Hope on

Hwy 7

2,050 2,062 2,292 2,438 2,413 2,694 2,524 2,439 2,526 2,529

1% 11% 6% -1% 12% -6% -3% 4% 0%

East of Hope on

Hwy 3

3,192 3,121 3,117 3,329 3,016 3,130 2,531 2,486 2,519 2,393

-2% 0% 7% -9% 4% -19% -2% 1% -5%

North of Hope

on Hwy 5

8,384 8,746 9,109 9,084 9,844 10,144 9,550 10,089 10,833 10,705

4% 4% 0% 8% 3% -6% 6% 7% -1%

Old Hope Princeton Way

1998 1999 2000 2001

AADT 2658 2627 2486 2546

SADT( Summer Average Daily traffic) 4304 4372 4358 4476

AADT Traffic

2003 2006 2009

Hwy 3 east of Old Hope Princeton Way 8393 12411 10223

Hwy 1 west of Old Hope Princeton Way 18114 19709 13315

Water Ave north of Old Hope Princeton Way 7,607 7,607

Year 1986 1991 1996 2001 2006 2011

Hope population 7371 7905 8502 8109 8062 8173

Annual growth rate 1.44% 1.51% -0.92% -0.11% 0.27%

Year 2011 2016 2021 2026

Hope population projection 8173 8268 8341 8345

Annual growth rate 0.23% 0.17% 0.01%

Hope Convenience PTA Retail DemandCore PTA Resident Expenditure Potential - Traditional Retail Categories

2016 2026 2036INCREMENTAL POPULATION (FROM 2011) 314 1,221 1,956

INCOME (PDI) 26,744$ 29,542$ 32,633$

TOTAL INCOME POTENTIAL $8,384,490 $36,084,670 $63,816,750

RETAIL SALES / INCOME 45.4% 45.4% 45.4%

TOTAL RETAIL POTENTIAL $3,803,900 $16,370,900 $28,952,400

Furniture and home furnishings stores (442) 119,803$ 515,598$ 911,850$

Electronics and appliance stores (443) 134,015$ 576,764$ 1,020,024$

Building Material and Garden Equipment Supplies (444) 208,561$ 897,586$ 1,587,407$

Food and beverage stores (445 ) 965,788$ 4,156,477$ 7,350,847$

Health and Personal Care Stores (446) 258,872$ 1,114,112$ 1,970,339$

Clothing and clothing accessories (448) 250,773$ 1,079,256$ 1,908,695$

Sporting goods, hobby, book and music stores (451) 115,982$ 499,151$ 882,763$

General merchandise stores (452) 435,561$ 1,874,529$ 3,315,157$

Miscellaneous store retailers (453) 112,112$ 482,499$ 853,313$

TOTAL - MAJOR RETAIL CATEGORIES 2,601,000$ 11,196,000$ 19,800,000$

Source: Colliers International Consulting

Hope Convenience PTA Retail DemandProjected PTA Resident Sales Capture by Category

Market

Capture 2016 2026 2036Major Retail Category (%)

Furniture and home furnishings stores (442) 10% 11,980$ 51,560$ 91,185$

Electronics and appliance stores (443) 10% 13,402$ 57,676$ 102,002$

Building Material and Garden Equipment Supplies (444) 20% 41,712$ 179,517$ 317,481$

Food and beverage stores (445 ) 30% 289,736$ 1,246,943$ 2,205,254$

Health and Personal Care Stores (446) 25% 64,718$ 278,528$ 492,585$

Clothing and clothing accessories (448) 5% 12,539$ 53,963$ 95,435$

Sporting goods, hobby, book and music stores (451) 5% 5,799$ 24,958$ 44,138$

General merchandise stores (452) 10% 43,556$ 187,453$ 331,516$

Miscellaneous store retailers (453) 5% 5,606$ 24,125$ 42,666$

TOTAL, NET RETAIL EXPENDITURES - Core PTA Residents 528,000$ 2,271,000$ 4,017,000$


Hope Convenience PTA Retail DemandProjected Incremental Sales With Category Specific Inflow

Projected

Inflow 2016 2026 2036Major Retail Category (%)

Furniture and home furnishings stores (442) 15% 14,094$ 60,659$ 107,276$

Electronics and appliance stores (443) 15% 15,767$ 67,855$ 120,003$

Building Material and Garden Equipment Supplies (444) 20% 52,140$ 224,397$ 396,852$

Food and beverage stores (445 ) 25% 386,315$ 1,662,591$ 2,940,339$

Health and Personal Care Stores (446) 15% 76,139$ 327,680$ 579,512$

Clothing and clothing accessories (448) 5% 13,199$ 56,803$ 100,458$

Sporting goods, hobby, book and music stores (451) 15% 6,822$ 29,362$ 51,927$

General merchandise stores (452) 10% 48,396$ 208,281$ 368,351$

Miscellaneous store retailers (453) 5% 5,901$ 25,395$ 44,911$

TOTAL, NET RETAIL EXPENDITURES - Core PTA Residents 619,000$ 2,663,000$ 4,710,000$


Hope Convenience PTA Retail DemandCore PTA Resident Expenditure Potential - Traditional Retail Categories

2012POPULATION 6,699

INCOME (PDI) 25,700$

TOTAL INCOME POTENTIAL $172,166,560

RETAIL SALES / INCOME 45.4%

TOTAL RETAIL POTENTIAL $78,108,600

Furniture and home furnishings stores (442) 2,460,013$

Electronics and appliance stores (443) 2,751,848$

Building Material and Garden Equipment Supplies (444) 4,282,551$

Food and beverage stores (445 ) 19,831,323$

Health and Personal Care Stores (446) 5,315,637$

Clothing and clothing accessories (448) 5,149,332$

Sporting goods, hobby, book and music stores (451) 2,381,544$

General merchandise stores (452) 8,943,723$

Miscellaneous store retailers (453) 2,302,092$

TOTAL - MAJOR RETAIL CATEGORIES 53,418,000$


Hope Convenience PTA Retail DemandEstimated PTA Resident Sales Outflow by Category

Market

Outflow 2012Major Retail Category (%)

Furniture and home furnishings stores (442) 60% 1,476,008$

Electronics and appliance stores (443) 60% 1,651,109$

Building Material and Garden Equipment Supplies (444) 40% 1,713,020$

Food and beverage stores (445 ) 50% 9,915,662$

Health and Personal Care Stores (446) 25% 1,328,909$

Clothing and clothing accessories (448) 80% 4,119,466$

Sporting goods, hobby, book and music stores (451) 60% 3,089,599$

General merchandise stores (452) 75% 1,786,158$

Miscellaneous store retailers (453) 50% 4,471,862$

TOTAL, NET RETAIL EXPENDITURES - Core PTA Residents 30,346,000$


Hope Convenience PTA Retail DemandSales Outflow Recapture Rates

Achievable

Recapture 2012 2016 2026 2036Major Retail Category (%)

Furniture and home furnishings stores (442) 15% 221,401$ 230,391$ 264,828$ 336,262$

Electronics and appliance stores (443) 25% 412,777$ 429,538$ 493,742$ 626,922$

Building Material and Garden Equipment Supplies (444) 40% 685,208$ 713,030$ 819,610$ 1,040,687$

Food and beverage stores (445 ) 25% 2,478,915$ 2,579,569$ 2,965,148$ 3,764,952$

Health and Personal Care Stores (446) 25% 332,227$ 345,717$ 397,393$ 504,583$

Clothing and clothing accessories (448) 5% 205,973$ 214,337$ 246,374$ 312,830$

Sporting goods, hobby, book and music stores (451) 25% 772,400$ 803,762$ 923,904$ 1,173,113$

General merchandise stores (452) 15% 267,924$ 278,802$ 320,476$ 406,920$

Miscellaneous store retailers (453) 5% 223,593$ 232,672$ 267,450$ 339,591$

TOTAL, NET RETAIL EXPENDITURES - Core PTA Residents 5,600,000$ Value increase % per year: 1.0%


Value of Sales Recapture Over Time

Hope Convenience PTA Retail DemandAdditional Floor Area Based on Achievable Outflow Recapture

Sales

Reqm't 2012 2016 2026 2036Major Retail Category ($/Sq. Ft.)

Furniture and home furnishings stores (442) $350 600 700 800 1,000

Electronics and appliance stores (443) $600 1,200 1,200 1,400 1,800

Building Material and Garden Equipment Supplies (444) $300 2,000 2,000 2,300 3,000

Food and beverage stores (445 ) $550 7,100 7,400 8,500 10,800

Health and Personal Care Stores (446) $700 900 1,000 1,100 1,400

Clothing and clothing accessories (448) $350 600 600 700 900

Sporting goods, hobby, book and music stores (451) $350 2,200 2,300 2,600 3,400

General merchandise stores (452) $300 800 800 900 1,200

Miscellaneous store retailers (453) $300 600 700 800 1,000

TOTAL SUPPORTABLE COMMERCIAL 16,000 17,000 19,000 25,000


Hope Convenience PTA Food & Beverage DemandCore PTA Resident Expenditure Potential - Food & Beverage Uses

Household Per Capita

Spending Category

Food purchased from restaurants 1,326 591.96$

Alcohol served on licensed premises 241 107.59$

Total - Above Food & Beverage 1,567 699.55$

2,012 2016 2026 2036

Incremental Population 314 744 1,221

Per Cap F&B Sales at 1% Growth 728$ 804$ 888$

Total Incremental Pop F&B Potential 228,000$ 599,000$ 1,085,000$

Achievable Market Share 30% 30% 30%

Achievable F&B Sales - Incremental Pop 68,400$ 179,700$ 325,500$

Existing Population 6,699

Existing F&B Potential 4,686,000$

Estimated Outflow % 40%

Value of Estimated Outflow: 1,874,400$

Achievable Outflow Recapture 20%

Value of Achievable Recapture (2% growth) 375,000 406,000$ 448,000$ 495,000$

Total - New PTA Resident Driven F&B Sales 474,000$ 628,000$ 821,000$

Source: Environics 2012 Household spending estimates at block level, Colliers PTA delineation.

F&B Spending

Hope Convenience PTA DemandAnnual Expenditure Potential & Floorspace Forecast - Including Inflow Spending

2016 2026 2036

Estimated Current Resident Sales 2,812,000$

Estimated % Inflow Sales (Of Total) 50%

Estimated Non-Resident Sales ($) 2,812,000$

Forecast Inflow Sales Growth (%/Year) 5%

Forecast Inflow Sales ($) 3,418,000$ 5,568,000$ 9,070,000$

Forecast Growth in Inflow Sales ($) 606,000$ 2,756,000$ 6,258,000$

TOTAL INCREMENTAL F&B SALES 1,080,000$ 3,384,000$ 7,079,000$

Assumed F&B Sales/sf Requirements 550$ 600$ 650$

Warranted Additional F&B Floor Area (sf) 2,000 5,600 10,900

Source: Environics 2012 Household spending estimates at block level, Colliers PTA delineation.

Hope Core Convenience PTA + Outflow RecaptureTotal Warranted Retail-Commercial Floor Area

2016 2026 2036Incremental Core PTA Resident Support 1,300 5,600 9,800

Potential Sales Outflow Recapture (Current Resident Base) 17,000 19,000 25,000

SUPPORT FOR NEW RETAIL - Traditional Categories (sf) 18,300 24,600 34,800

SUPPORT FOR NEW FOOD & BEVERAGE (sf) 2,000 5,600 10,900

TOTAL SUPPORT - TRADITIONAL + F&B FLOOR AREA 20,300 30,200 45,700


Name AddressHome Restaurant 665 Old Hope Princeton Way, Hope, BC V0X 1L4

Tim Hortons 250 Old Hope Princeton Way, Hope, BC V0X 1L4

Triple O's ( White Spot) 587 Old Hope Princeton Way, Hope, BC V0X 1L0

Panago Pizza 725 4 Avenue, Hope, BC V0X 1L0

Dairy Queen 817 Water Avenue, Hope, BC V0X 1L0

A & W Restaurant 1175 4 Avenue, Hope, BC V0X 1L4

McDonald's 453 Old Hope Princeton Way, Hope, BC V0X 1L4

Subway 761 Water Avenue, Hope, BC V0X 1L2

Chain Restaurant

Opportunities for Hope

KFC

Domino's Pizza

Pizza Hut

Burger King

Wendy's

Quiznos

Five Guys Burgers and Fries

C-Lovers Fish & Chips

Booster Juice

Starbucks

7- Eleven

Lee's Famous Recipe Chicken

Little Caesars Pizza

Extreme Pita Restaurant

The Greek Islands Restaurant

Labour Force by Industry Number of

persons

% Hope % BC

Total labour force 15 years and over 2 ,975 100.00% 100.00%

Industry - Not applicable 5 5 1.80% 1.50%

All industries 2 ,920 98.20% 98.50%

Agriculture, forestry, fishing, hunting 1 10 3.70% 3.40%

Mining and oil & gas extraction 2 0 0.70% 0.90%

Utilities 1 0 0.30% 0.50%

Construction 2 30 7.70% 7.50%

Manufacturing 1 40 4.70% 8.50%

Wholesale trade 1 00 3.40% 4.10%

Retail trade 3 00 10.10% 11.20%

Transportation & warehousing 2 35 7.90% 5.20%

Information & cultural industries 7 0 2.40% 2.60%

Finance & insurance 5 0 1.70% 3.80%

Real estate & rental & leasing 3 5 1.20% 2.30%

Professional, scientific & tech. services 3 5 1.20% 7.30%

Management of companies &

enterprises - - 0.00% 0.10%

Admin. & support, waste m'gement &

remediation 1 00 3.40% 4.40%

Educational services 2 15 7.20% 6.90%

Health care & social assistance 3 75 12.60% 9.60%

Arts, entertainment & recreation 4 0 1.30% 2.30%

Accommodation & food services 5 05 17.00% 8.10%

Other services (exc. public admin.) 1 75 5.90% 4.90%

Public administration 1 80 6.10% 5.00%

Name Hotel

Class

Total no.

of rooms

Room Rates Amenities Location in

Hope

Address

Best Western Heritage Inn Motel 27 $70.00 - $159.00 Business centre Downtown Hope570 Old Hope Princeton Way, Hope, BC

V0X 1L0, Canada

Travelodge Hope 2 Star Hotel 25 $ 89-109indoor pool, spa

tub, saunaDowntown Hope

350 Old Hope Princeton Way, Hope, BC

V0X 1L0, Canada

Hope City Centre Motel Motel 16 $ 54-94 NA Downtown Hope455 Wallace Street, Hope, BC V0X 1L0,

Canada

Windsor Motel Motel 24 $ 54-79 NA Downtown Hope 778 3 Avenue, Hope, BC, Canada

Park Motel Motel 19 $ 66-106 NA Downtown Hope832 4 Avenue, Hope, BC V0X 1L0,

Canada

Colonial 900 Motel Motel 18 $99-125 NA1 K from Downtown

Hope

900 Old Hope Princeton Way, Hope, BC,

Canada

Skagit Motel Motel 30 $94 Jacuzzi Downtown Hope655 3 Avenue, Hope, BC V0X 1L0,

Canada

Lucky Strike Motel Motel 14 $56-79 NA Downtown Hope504 Old Hope Princeton Way, Hope, BC,

Canada

Royal Lodge Motel Motel 20 NA NA Downtown Hope580 Old Hope Princeton Way, Hope, BC,

Canada

Alpine Motel Motel 14 $86-106 NA Downtown Hope505 Old Hope Princeton Way, Hope, BC

V0X 1L0, Canada

Maple Leaf Motor Inn Motel 40 $61-67 Pool Downtown Hope377 Old Hope Princeton Way, Hope, BC,

Canada

Inn Towne Motel Motel 26 $55-120indoor pool,

Jacuzzi, sauna Downtown Hope

510 Trans-Canada Highway, Hope, BC

V0X 1L3, Canada

Best Continental Motel Motel 16 $74-115 NA Downtown Hope860 Fraser Avenue, Hope, BC V0X 1L0,

Canada

Swiss Chalets Motel Motel 24 $ 70-83 NA Downtown Hope456 Trans-Canada Highway, Hope, BC

V0X 1L0, Canada

Red Roof Inn Motel Motel 26 NA NA Downtown Hope 477 Fraser Avenue, Haig, BC, Canada

Lake of the Woods Resort Motel 17 $50-96 NA5 K From Downtown

Hope

22805 Trans-Canada Highway, Hope, BC,

Canada

Slumber Lodge Motel 34 $ 56-121 Pool, fitness

centreDowntown Hope

250 Fraser Avenue, Hope, BC V0X 1L0,

Canada

Coquihalla Motel Motel 21 $71-111 NA Downtown Hope724 Old Hope Princeton Way, Hope, BC

V0X 1L4, Canada

Kawkawa Lake Resort Specialty,

Eco retreat11 NA NA

4 K from Downtown

Hope

66427 Kawkawa Lake Road, Hope, BC

V0X 1L1, Canada

Mount Hope Motel Motel 23 NA NA Downtown Hope318 Old Hope Princeton Way, Hope, BC,

Canada

Hope Motor Hotel Motel NA NA NA Downtown Hope 272 Wallace Street, Hope, BC, Canada

Thunderbird Motel Motel NA NA NA4 K from Downtown

Hope

63030 Flood Hope Road, Hope, BC, V0X

1L2, Canada

Holiday Motel Motel 20 $ 60-88 NA Downtown Hope63950 Old Yale Road, Hope, BC V0X

1L2, Canada

Total no of rooms 465

Name Hotel

Class

Total no. of

rooms

Room

Rates

Address

Harrison Beach Hotel 3 Star Hotel 42 $ 112 +160 Esplanade Avenue, Harrison Hot Springs,

British Columbia V0M 1K0, Canada

Harrison Hot Springs Resort and Spa 4 Star Hotel 323 $118 +100 Esplanade, Harrison Hot Springs, British

Columbia V0M 1K0, Canada

Harrison Village Motel Motel 18 $ 89+280 - Esplanade Ave., Harrison Hot Springs,


The Spa Motel Motel 23 $ 59 +140 Esplanade | PO Box 23, Harrison Hot

Springs, British Columbia V0M 1K0, Canada

Ramada Hotel 2 Star Hotel 88 $92 +190 Lillooet Ave., Harrison Hot Springs,

British Columbia V0M1K0, Canada

Bungalow Motel Motel 12 $ 56+511 Lillooet Avenue, Harrison Hot Springs,


South Garden Bed and Breakfast B&B 4 $150+Hot Springs Road, Harrison Hot Springs,

British Columbia V0M 1A1, Canada

Harrison Heritage House and Cottage B&B 6 $187+312 Lillooet Avenue, Harrison Hot Springs,


Hot Spring Villa Hotel B&B NA $90+270 Esplanade, Harrison Hot Springs, British

Columbia V0M 1K0, Canada

Eagle Spirit Lodge B&B 8 $120+7984 McDonald Rd., Harrison Hot Springs,

British Columbia V0M 1A2, Canada

Total no of rooms 524

Name Hotel Class Location

Comfort Inn 2 star hotel Chilliwack

Sandman Hotel & Suites 3 star hotel Abbotsford

Ramada Hotel 2 star hotelAbbotsford/ Harrison

Hot Springs

o

o

o

Name Oppurtuni

ty ID

Type Size Address Distance

to Hwy

Zoning Price

1. Restaurant Opportunity ID# 945 Retail and

Franchise

19855 Owl Street, Hope, BC

V0X 1L2

2 Km C-1 $775,000.00

2. Light Industrial / Service lands at

exit 165 in Hope BC

ID # 886 Commercial and

Industrial Lands

33 acres

gross (22

acres usable)

61900 and 62100 Trans

Canada Highway, Hope, BC

V0X1L2

0.1 km I-2 General

Industrial

$2,200,000.00

3. Prime Trans Canada Exposure

with easy Freeway access


Industrial Lands

16.81 Acres 19700 Klassen Road, Hope,

BC V0X1L2

0.1 km RU-1 Rural $945,000.00

4. Funicular Railway Investment

Opportunity

ID #549 Tourism and

Accommodations

17 Acres 64295 Flood Hope Rd, Hope,

BC V0X 1L1

0.15 km 23,000,000.00

5. Level and Drained Light/Service

Industrial land across from New

Highway Commercial Development


Industrial Lands

6.73 Acres 63170 Floodhope Rd, Hope,

BC V0X 1L0

1 km $2,200,000.00

6. Raill Accessible Light Service

Industry Opportunity


Industrial Lands

22 Acres 999 5th Avenue, Hope, BC

V0X 1L0

1 km

7. Highway Frontage - Development

Property


Industrial Lands

15.5 Acres 62890 Flood Hope Road,

Hope, BC V0X 1L2

1 km C-2 $4,300,000.00

8. 2.64 Acres Available in

Downtown Hope


Industrial Lands

2.64 Acres 1148 and 1188 6th Avenue,

Hope, BC V0X 1L4

0.5 km I-2 (General

Industrial

Zoning)

$1,450,000.00

9. Lifestyle Community

Development Opportunity

ID # 172 Tourism and

Accommodations

129 Acres 22250 - 22554 Ross Road,

Hope, BC V0X 1L3

2 km RU-1 Rural $2,880,000.00

2012 Estimates

Educational Attainment

% % %

No certificate, diploma or degree 1,442 25.90% 14,975 22.50% 727,039 18.60%

High school certificate or equivalent 1,277 23.00% 20,338 30.60% 1,045,506 26.80%

Apprenticeship or trades certificate

or diploma

886 15.90% 8,993 13.50% 404,282 10.40%

College, CEGEP or other non-

university certificate or diploma

981 17.60% 11,638 17.50% 618,394 15.90%

University certificate or diploma

below bachelor

268 4.80% 3,297 5.00% 228,060 5.80%

University certificate or degree 706 12.70% 7,179 10.80% 875,981 22.50%

Source: Environics 2012 data estimates at block level, Colliers' Hope Convenience PTA designation.


2012 Estimates

Labour Force By Occupation

% % %

Occupation - Not applicable 62 2.00% 637 1.50% 38,738 1.50%

All occupations 3,110 98.10% 42,301 98.50% 2,520,511 98.50%

Management 342 10.80% 3,653 8.50% 268,742 10.50%

Business, finance and

administration

289 9.10% 6,286 14.60% 435,109 17.00%

Natural and applied sciences and

related

118 3.70% 1,743 4.10% 160,056 6.30%

Health occupations 178 5.60% 2,261 5.30% 138,729 5.40%

Occupations in social science,

education, government service and

religion

271 8.60% 3,263 7.60% 205,030 8.00%

Occupations in art, culture,

recreation and sport

43 1.40% 906 2.10% 88,324 3.50%

Sales And Service 994 31.30% 10,888 25.40% 636,457 24.90%

Trades, transport and equipment

operators and related

665 21.00% 8,468 19.70% 387,585 15.10%

Occupations unique to primary

industry

133 4.20% 2,848 6.60% 97,157 3.80%

Occupations unique to processing,

manufacturing and utilities

76 2.40% 1,985 4.60% 103,322 4.00%



2012 Estimates

Household Income

% % %

Under $10,000 144 5.00% 1,054 3.20% 95,664 5.00%

$ 10,000 - $19,999 344 11.80% 2,749 8.30% 159,428 8.40%

$ 20,000 - $29,999 341 11.70% 2,828 8.60% 167,130 8.80%

$ 30,000 - $39,999 321 11.00% 3,182 9.60% 172,697 9.10%

$ 40,000 - $49,999 293 10.10% 3,174 9.60% 168,041 8.90%

$ 50,000 - $59,999 270 9.30% 2,930 8.90% 156,858 8.30%

$ 60,000 - $69,999 246 8.50% 2,815 8.50% 146,412 7.70%

$ 70,000 - $79,999 204 7.00% 2,742 8.30% 134,589 7.10%

$ 80,000 - $89,999 187 6.40% 2,499 7.60% 118,738 6.30%

$ 90,000 - $99,999 86 3.00% 2,081 6.30% 101,393 5.30%

$ 100,000 and over 471 16.20% 6,986 21.10% 475,787 25.10%

Average income $61,988 $74,537 $81,595

Average per capita income $27,673 $29,935 $33,717

Per capita income index 82.1 88.8 100.0

Median Income $50,436 $62,142 $61,950



2012 Estimates

Average Household Size

% % %

2012 Households by Size of

Household

2,908 %base 33,040 %base 1,896,737 %base

1 person 839 28.80% 8,525 25.80% 540,542 28.50%

2 persons 1,176 40.40% 11,941 36.10% 647,930 34.20%

3 persons 407 14.00% 4,760 14.40% 280,443 14.80%

4 - 5 persons 420 14.50% 6,692 20.30% 371,087 19.60%

6 or more persons 66 2.30% 1,122 3.40% 56,735 3.00%

2012 Persons in Households 6,502 82,301 4,592,556

Persons per household 2.24 2.49 2.42



2012 Estimates

Household Tenure & Type

Owned 2,090 71.90% 24,438 74.00% 1,338,566 70.60%

Rented 747 25.70% 8,602 26.00% 553,713 29.20%

Band housing 71 2.40% 0 0.00% 4,458 0.20%

Houses 2,369 81.50% 25,030 75.80% 1,104,866 58.30%

Single-detached house 2,136 73.40% 20,108 60.90% 916,663 48.30%

Semi-detached house 88 3.00% 1,271 3.80% 58,513 3.10%

Row house 145 5.00% 3,651 11.10% 129,690 6.80%

Apartment, building low and high

rise

246 8.50% 6,852 20.70% 546,768 28.80%

Less than five 0 0.00% 287 0.90% 148,094 7.80%

Five or more floors 246 8.50% 6,565 19.90% 398,674 21.00%

Detached duplex 30 1.00% 691 2.10% 192,460 10.10%

Other single-attached house 4 0.10% 69 0.20% 3,801 0.20%

Movable dwelling 259 8.90% 398 1.20% 48,842 2.60%



2012 Estimates

Travel to Work

% % %

Car as driver 2,006 76.50% 29,988 83.30% 1,563,442 72.00%

Car as passenger 297 11.30% 3,302 9.20% 164,525 7.60%

Public transit 31 1.20% 360 1.00% 225,164 10.40%

Walked 244 9.30% 1,588 4.40% 146,667 6.80%

Bicycle 34 1.30% 371 1.00% 40,463 1.90%

Motorcycle 0 0.00% 53 0.10% 6,476 0.30%

Taxicab 10 0.40% 54 0.20% 2,322 0.10%

Other Method 0 0.00% 273 0.80% 20,947 1.00%



2012 Estimates

Age of HH Maintainer

15 to 24 years 67 2.30% 1,301 3.90% 59,222 3.10%

25 to 34 years 244 8.40% 5,054 15.30% 278,616 14.70%

35 to 44 years 394 13.60% 5,932 18.00% 340,478 18.00%

45 to 54 years 651 22.40% 6,774 20.50% 414,414 21.80%

55 to 64 years 649 22.30% 5,698 17.20% 362,344 19.10%

65 to 74 years 510 17.50% 4,151 12.60% 235,185 12.40%

75 years or over 394 13.50% 4,130 12.50% 206,478 10.90%

Median Age 56.5 51.2 51.5



% % % % %

Total Estimated Population 5,852 10,220 218,156 627,152 1,820,653

Total Daytime Population 6,396 9,039 192,473 546,124 1,906,787

Daytime Population at Home 3,394 53.10% 5,832 64.50% 115,873 60.20% 308,123 56.40% 909,619 47.70%

0 to 14 years 840 13.10% 1,930 21.40% 40,012 20.80% 107,369 19.70% 252,430 13.20%

15 to 64 years 1,299 20.30% 2,212 24.50% 43,446 22.60% 129,236 23.70% 419,925 22.00%

65 years and over 1,255 19.60% 1,690 18.70% 32,415 16.80% 71,517 13.10% 237,264 12.40%

Daytime Population at Work 3,001 46.90% 3,207 35.50% 76,600 39.80% 238,002 43.60% 997,168 52.30%

Source: Environics 2012 data estimates at block level, Colliers PCensus drive time delineations.

Hope Drive Time

60 min - 90 min

Hope Drive Time

90 min - 120 min

2012 Daytime Population Hope Drive Time

0 min - 10 min

Hope Drive Time

10 min - 30 min

Hope Drive Time

30 min - 60 min

2012 Estimates

Educational Attainment

No certificate, diploma or degree 1,216 25.20% 2,141 26.50% 43,071 24.60% 101,526 19.80% 243,586 15.80%

High school certificate or equivalent 1,114 23.10% 2,164 26.80% 53,100 30.30% 149,858 29.20% 386,781 25.10%

Apprenticeship or trades certificate

or diploma

767 15.90% 1,318 16.30% 20,740 11.80% 60,263 11.80% 116,019 7.50%

College, CEGEP or other non-

university certificate or diploma

873 18.10% 1,276 15.80% 27,257 15.60% 85,388 16.70% 228,302 14.80%

University certificate or diploma

below bachelor

229 4.70% 474 5.90% 9,451 5.40% 29,473 5.80% 104,683 6.80%

University certificate or degree 628 13.00% 713 8.80% 21,509 12.30% 85,938 16.80% 464,408 30.10%


Hope Drive Time Hope Drive Time Hope Drive Time Hope Drive Time Hope Drive Time

0 min - 10 min 10 min - 30 min 30 min - 60 min 60 min - 90 min 90 min - 120 min

2012 Estimates

Household Income

% % % % %

Under $10,000 129 5.00% 166 4.20% 3,165 3.80% 8,898 3.90% 46,379 6.30%

$ 10,000 - $19,999 299 11.70% 368 9.20% 7,194 8.70% 14,858 6.50% 63,126 8.50%

$ 20,000 - $29,999 294 11.50% 421 10.50% 7,528 9.10% 16,744 7.40% 62,335 8.40%

$ 30,000 - $39,999 276 10.80% 436 10.90% 8,210 9.90% 18,512 8.20% 64,745 8.80%

$ 40,000 - $49,999 252 9.90% 387 9.70% 8,097 9.80% 19,025 8.40% 63,031 8.50%

$ 50,000 - $59,999 233 9.10% 344 8.60% 7,416 8.90% 18,113 8.00% 58,978 8.00%

$ 60,000 - $69,999 214 8.40% 338 8.50% 6,963 8.40% 17,075 7.50% 55,101 7.50%

$ 70,000 - $79,999 177 6.90% 332 8.30% 6,561 7.90% 16,547 7.30% 49,159 6.70%

$ 80,000 - $89,999 164 6.40% 315 7.90% 5,632 6.80% 15,294 6.70% 42,713 5.80%

$ 90,000 - $99,999 79 3.10% 209 5.20% 4,616 5.60% 13,223 5.80% 36,267 4.90%

$ 100,000 and over 441 17.30% 681 17.00% 17,516 21.10% 68,828 30.30% 197,192 26.70%

Average income $63,150 $65,622 $74,764 $87,648 $87,003

Average per capita income $28,575 $26,249 $28,755 $32,105 $35,804

Median Income $51,253 $56,406 $59,785 $70,202 $61,981


Hope Drive Time

0 min - 10 min

Hope Drive Time

10 min - 30 min

Hope Drive Time

30 min - 60 min

Hope Drive Time

60 min - 90 min

Hope Drive Time

90 min - 120 min

2012 Estimates

Average Household Size

% % % % %

1 person 745 29.10% 1,002 25.10% 20,841 25.10% 50,120 22.10% 232,698 31.50%

2 persons 1,041 40.70% 1,528 38.30% 28,637 34.50% 69,439 30.60% 224,537 30.40%

3 persons 358 14.00% 564 14.10% 11,429 13.80% 37,556 16.50% 111,030 15.00%

4 - 5 persons 362 14.10% 723 18.10% 17,781 21.40% 59,171 26.10% 144,603 19.60%

6 or more persons 51 2.00% 178 4.40% 4,210 5.10% 10,831 4.80% 26,158 3.50%

2012 Persons in Households 5,662 10,007 215,148 619,769 1,796,198

Persons per household 2.21 2.5 2.6 2.73 2.43


Hope Drive Time

90 min - 120 min

Hope Drive Time

0 min - 10 min

Hope Drive Time

10 min - 30 min

Hope Drive Time

30 min - 60 min

Hope Drive Time

60 min - 90 min

2012 Estimates

Household Tenure & Type

Owned 1,838 71.90% 2,998 75.00% 61,135 73.70% 175,715 77.40% 467,413 63.20%

Rented 692 27.10% 893 22.40% 21,600 26.10% 51,276 22.60% 271,043 36.70%

Houses 2,119 82.90% 3,300 82.60% 52,048 62.80% 143,184 63.00% 298,057 40.30%

Single-detached house 1,894 74.10% 3,066 76.70% 41,752 50.40% 114,323 50.30% 228,966 31.00%

Semi-detached house 80 3.10% 91 2.30% 2,737 3.30% 6,169 2.70% 16,391 2.20%Row house 145 5.70% 143 3.60% 7,558 9.10% 22,692 10.00% 52,701 7.10%

Apartment, building low and high

rise

229 9.00% 346 8.70% 19,759 23.80% 46,258 20.40% 338,148 45.80%

Less than five 0 0.00% 0 0.00% 1,500 1.80% 5,522 2.40% 126,511 17.10%Five or more floors 229 9.00% 346 8.70% 18,259 22.00% 40,736 17.90% 211,637 28.60%

Detached duplex 26 1.00% 30 0.80% 9,233 11.10% 32,250 14.20% 98,771 13.40%

Other single-attached house 2 0.10% 19 0.50% 109 0.10% 410 0.20% 1,053 0.10%

Movable dwelling 180 7.00% 300 7.50% 1,748 2.10% 5,015 2.20% 2,997 0.40%


Hope Drive Time Hope Drive Time Hope Drive Time


Hope Drive Time Hope Drive Time

2012 Estimates

Travel to Work

% % % % %

Car as driver 1,765 76.40% 3,332 80.70% 80,492 83.00% 243,923 79.20% 561,057 64.20%

Car as passenger 252 10.90% 332 8.00% 9,844 10.10% 22,797 7.40% 60,037 6.90%

Public transit 26 1.10% 17 0.40% 1,301 1.30% 26,739 8.70% 160,039 18.30%

Walked 228 9.90% 370 9.00% 3,586 3.70% 9,760 3.20% 65,793 7.50%

Bicycle 29 1.20% 45 1.10% 798 0.80% 1,560 0.50% 16,660 1.90%

Motorcycle 0 0.00% 0 0.00% 184 0.20% 819 0.30% 2,247 0.30%

Taxicab 10 0.40% 0 0.00% 85 0.10% 299 0.10% 1,145 0.10%

Other Method 0 0.00% 34 0.80% 728 0.80% 2,187 0.70% 6,579 0.80%


Hope Drive Time

0 min - 10 min

Hope Drive Time

10 min - 30 min

Hope Drive Time

30 min - 60 min

Hope Drive Time

60 min - 90 min

Hope Drive Time

90 min - 120 min

2012 Estimates

Age of HH Maintainer

15 to 24 years 67 2.60% 107 2.70% 3,123 3.80% 5,484 2.40% 23,117 3.10%

25 to 34 years 204 8.00% 532 13.30% 13,056 15.70% 33,439 14.70% 121,362 16.40%

35 to 44 years 352 13.80% 617 15.40% 15,061 18.20% 46,686 20.60% 149,815 20.30%

45 to 54 years 584 22.90% 850 21.30% 16,829 20.30% 56,156 24.70% 163,088 22.10%

55 to 64 years 572 22.40% 762 19.10% 14,217 17.10% 41,727 18.40% 130,582 17.70%

65 to 74 years 426 16.70% 650 16.30% 10,317 12.40% 24,022 10.60% 78,364 10.60%75 years or over 351 13.70% 478 12.00% 10,294 12.40% 19,603 8.60% 72,700 9.80%

Median Age 56.2 53.7 51.1 50 49.6


Hope Drive Time Hope Drive Time Hope Drive Time Hope Drive Time Hope Drive Time


2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

British Columbia 1,116,741 1,129,623 1,228,027 1,886,405 2,493,684 2,647,905 2,623,509 1,757,192 1,786,992 1,970,571

Greater Vancouver RD 746,220 607,764 812,400 1,099,029 1,666,544 1,730,566 1,710,101 971,661 1,057,762 1,199,332

Fraser-Valley, RDR 1,824 845 274 671 697 5,560 110 1,043 - 275

Hope, DM 812 415 578 438 1,725 251 159 1,884 84 1,705

January February March April May June July August September October Jan-Oct

2011

Jan-Oct

2012

Y-T-D %

change

British Columbia 190227 160629 135927 215515 158709 148569 259234 209919 360934 190941 1,637,275 2,030,604 24

Greater Vancouver RD 142633 122620 76966 165149 81134 85433 183235 135502 280458 128572 960,473 1,401,702 45.9

Fraser-Valley, RDR 1000 1500 0 0 0 496 0 0 0 48 275 3,044 1,006.90

Hope, DM 0 0 0 0 0 0 0 0 0 0 1,705 - -100

Documents

Hope BC Retail/Commercial Market Study