Development opportunities
City land and investment-ready sites for industry, aerospace and housing.
Details change as sites are sold or leased. Contact the Business Development Officer for current availability, maps and terms.
52-acre aerospace development
Large, flat land beside Canadian Rockies International Airport, zoned for aerospace and airport business.
- Up to 52 acres, build to suit
- Lease only. Contact the City for terms.
- 30-day development permit
- Possible foreign trade zone, and incentives available
- Suits aerospace, MRO, avionics, logistics and transportation
60-acre industrial site
A large, flat parcel that can be subdivided, with access to Highway 95A and minutes from the airport. Phase 2 environmental review was under way when last listed.
- Up to 60 acres
- 30-day development permit
- Suits heavy industry, warehousing, logistics, forestry and mining
- Low land cost and incentives
Lot 400, Highway 95A
Ask the Business Development Officer for size, zoning and terms.
Airport lands
YXC has rezoned 52 acres for commercial and industrial airport development. See flyyxc.com.
Closed opportunities
1501 1st Street South (closed April 21, 2025). The City offered a 60-year lease of City land near downtown and Baker Park for about 30 market rental apartments, the first purpose-built market rental on City land downtown. Opportunity noticePDF
Incentives
Page updated .
Based on this page on cranbrook.ca, rewritten in plain language. Fees, dates and rules can change, so confirm with the City before you rely on them.