Fredericton has several low-cost, high advantage business parks that attract some of Canada’s most pioneering companies. The Runway, an 18-kilometer business park, stretches from the Fredericton’s west side to the Greater Fredericton Airport’s Aerospace and Defence Park. Just south of The Runway is Fredericton’s Knowledge Park, a joint venture with the University of New Brunswick that puts Fredericton’s leading IT companies in close proximity to high-tech research, technology transfer and business support services. Even for business located outside the business parks, advantages abound. e-Novations, a non-profit community development organization, has created a fiber optic and wireless data network that catapults the city to nation-wide leadership in terms of advanced communications infrastructure. The Fred-e Zone is a free, community-wide Wi-Fi network providing residents, visitors and businesses with mobile broadband access from virtually anywhere within the city.
Knowledge Park The Knowledge Park is designed to grow the knowledge industry in the Greater Fredericton Region. Its principal objective is to provide clustering opportunities for companies that are engaged in research, development and application of technologies related to such fields as information technology (IT), biotechnology, education, engineering, health care, forestry and agriculture. These and other technology fields are areas of expertise found at UNB that support the park's other main objective: the facilitation of technology transfer and other partnerships involving academia and the private sector.
RUNWAY Business Park Network - The RUNWAY Business Park Network is the largest business park 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:
* Fredericton Airport and Aerospace & Defence Park
* Industrial and Business Parks
* Uptown Commercial District
* Research and Knowledge-based District.
The RUNWAY Business Park Network offers a conducive business environment, home to hundreds of businesses employing thousands of people in industries as diverse as knowledge & technology, R&D, education, aerospace & defence, manufacturing, retail and service.
Aerospace & Defence Park
- The Aerospace & Defence Park
is an ideal environment for industry, and land is plentiful and affordable.
The Greater Fredericton Aerospace, Defence and Business Park is located adjacent to the largest military base in the Common Wealth; minutes from the Provincial government, from other complimentary and support Aerospace and Defence contractors, from two of the countries top universities and the National Research Centre; and is located at the capital city’s airport.
Industrial & Business Parks
- Fredericton’s industrial and business parks are located adjacent to the Vanier Highway (connecting to the Trans Canada Highway) offering easy access to various transportation mediums. The parks have a mix of light, general, heavy & service industrial uses.
Oromocto Industrial Parks
- Oromocto is a growing and model city. Business are growing and striving in this military base city. Listed below are some of the many available industrial parks:
Restigouche Road Business Park
Zoning: Transportation, Light Industrial
Services: Water, Sewer, Storm Electrical
Land Cost: $3.50/Square Foot, 3.7 Acres @ $152470/Acre
(1.5 Hectares @ $242,160/Hectare)
East Industrial Park
Zoning: Industrial; Light, Medium, Heavy
Services: Water, Sewer, Electrical
Land Cost: $1.50/Square Foot, 10 Acres @ $65,345/Acre
(4 Hectares @ $91,500/Hectare)
Central Oromocto Development
Zoning: Integrated-Serviced, Potential Commercial Development & High Density Residential
Services: Water, Storm, Sewer, Underground Electrical
Land Cost: 11.7 Acres @ 110,000/Acre
(4.8 Hectares @ $137,140/Hectare)
For a complete, detailed listing of Business Parks in the Greater Fredericton Region, please explore the following profiles:
Oromocton Business/Industrial Districts