Retail future bright for North Battleford, but report urges downtown revival
A new retail analysis for North Battleford shows the city could support up to 275,000 square feet of new commercial development by 2034, but planners warn that downtown revitalization must remain a priority.
City council reviewed the final retail gap analysis Monday during its regular meeting, which outlines market conditions, land needs and future growth projections across the city’s six commercial areas.
The report, prepared by consulting firm FBM, estimates that under current market share and with no absorption of existing vacancies, about 150,000 square feet of new retail space could be supported. That figure rises to 275,000 square feet if the city increases its market capture and fills currently vacant storefronts.
“We estimate that it could be 7 to 17 acres of net developable land over the next decade to support growth,” said Kieron Hunt, FBM’s planning lead, who presented the report to council.