An Investment Opportunity

Kamloops is the next major city in BC to surpass 100,000 residents and it’s just getting started. With a growing workforce, streamlined permitting, a priority on densification of residential development and expanding industrial lands, Kamloops is positioned for the next wave of multi-family, mixed use residential, commercial, and industrial development.

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Why Kamloops

A Growing City
with Big-City Momentum

Kamloops offers a thriving business environment with strategic location advantages, lower operating costs, and strong infrastructure. With diverse opportunities across key industries and supportive local incentives, Kamloops is an ideal place for growth and investment.

Population Growth Projection

Population: 110,603 in 2024 — projected to reach 131,078 by 2046 (1% annual growth).

Skilled Workforce Development

Labour market growth of 12.4% by 2034, fueled by Thompson Rivers University's 25,000 students and trades programs.

Affordable Investment Climate

Average condo price: $386,627 | Median rent: $1,827 | Homeownership costs remain lower than major BC markets.

Accessible Location
Kamloops Highways Map

At the intersection of Highways 1, 5 & 97 with air and rail access to Vancouver, Calgary, and Edmonton.

Development Advantage

Fast, Predictable, and
Developer-Friendly

Kamloops continues to lead BC in development efficiency:

Quick Approvals:
Rezoning: 1–3 months. Development permits: 5-6 weeks.
Lowest municipal and development fees
among 23 benchmarked cities across Canada
Clear communication channels
between City departments and developers
Reliable timelines and cooperative staff — helping you
move from concept to construction faster
Learn About the Permitting Process

Investment Climate

Public Projects
Driving Private Opportunity

Major city and regional investments are transforming Kamloops’ economy:

  • $359M Cancer Treatment Centre (opening 2029)
  • $457M Royal Inland Hospital expansion (completion 2027)
  • Centre for Arts + Multiplex Arena under Build Kamloops initiative
  • Over 475 hectares of new industrial land at Iron Mask — expanding capacity by 68%

These initiatives are attracting new residents, skilled workers, and a wave of complementary housing and commercial demand.

Real Estate Insights

Strong Demand
Meets Manageable Costs

  • Apartment construction now makes up 83% of new housing completions
  • Purpose-built rentals have doubled in the last decade
  • Detached home starts are below historic averages — signaling opportunity for higher-density development
  • Development feasibility analysis shows favorable land values and solid returns for mid-rise and mixed-use projects
View the Kamloops Labour Force Data

The Inside Track

Exclusive Developer Support
from Venture Kamloops

Get the data, connections, and local knowledge to make confident development decisions.

Our team provides:

  • City permitting and zoning guidance
  • Connections to key municipal contacts
  • Market data and site intelligence
  • One-on-one consultation to support your investment
  • Familiarization tours
Connect with Our Economic Development Team
Get Started Today
Kamloops is
Building Momentum
— Be Part of It.

Join developers discovering why Kamloops is one of BC’s most promising markets for growth and investment.

Contact Us for a free Consulation