Cranbrook possesses a stable economy and is home to a wide range of businesses in retail, healthcare, education, trades and several home-based businesses. Hitting important metrics of location, lifestyle, labour and connectivity, Cranbrook offers an enviable advantage to those looking for new opportunities for business and life.
With a strong demand for new housing, New Dawn Developments is the largest developer in the city, with three new projects adding nearly 100 homes, including single family homes and townhomes either just completed or in construction, with more to come.
This mountain community has dozens of golf courses, a WHL hockey team and a professional symphony. It is also home to the College of the Rockies and the Cranbrook Regional Hospital, both of which provide employment as well as opportunity, and a local small-business sector that is thriving. The city is developing a 70-hectare industrial park beside the airport, which will allow Cranbrook’s industrial sectors to continue their strong growth.
Average Home Price $315,620 (2017)
Value Building Permits $34.4 million (2017)
Build out $298.9 million (10-year total)