Community Economic Development Initiatives
Types of Development Initiatives
The following are economic development initiatives implemented by the community since 1986.
Business Retention & Expansion Study
This Business Retention and Expansion (BRE) report describes findings from a BRE survey conducted at 135 businesses in the City of Revelstoke and surrounding area. BRE is an action-oriented and community-based approach to business and economic development. It promotes job growth by helping communities to learn about concerns of, as well as opportunities for, local businesses and to set priorities for projects to address those needs.
Revelstoke was designated a Community Futures community in 1987 to bolster the economy with a small business loan fund and community development initiatives.
This downtown area restoration project was undertaken to enhance tourism development opportunities.
The City of Revelstoke is a partner in the Imagine Kootenay initiative focussed on attracting, retaining and expanding investment in the region through the promotion of lifestyle advantages. Watch the Invest Kootenay video for more information about the success of the program.
Mount MacKenzie Ski Area Development
Rising to over 2,460 metres (8,000 feet), Mount MacKenzie looks down upon the City of Revelstoke, the Columbia River, and the mountains beyond. With a lift-serviced vertical of 1,890 metres (6,200 feet) and average snowfalls of 9 metres (30 feet), the best skiing in North America is waiting for discovery. For more information, visit the Revelstoke Mountain Resort website.
Resort Municipality Initiative
Revelstoke was designated a British Columbia resort municipality in 2008 and receives annual funding from the provincial government for development of the community’s tourism infrastructure. The City of Revelstoke 2015-2017 Resort Development Strategy was prepared to guide the implementation of initiatives to increase tourism and investment in the accommodation sector in the community over the three years of the strategy.
Revelstoke Railway Museum
Constructed in 1991 to preserve and interpret Revelstoke's railway history, the Revelstoke Railway Museum is a successful addition to the area’s tourism attractions.
Revelstoke Community Forest Corporation
The Revelstoke Community Forest Corporation was created by the City of Revelstoke to purchase and manage Tree Farm License 56, repatriate cutting rights to the local forest industry, and create jobs for local forest workers.
Revelstoke Community Energy Corporation
Wood waste from Downie Sawmill is combusted in a biomass boiler. Heat is recovered in the form of low pressure steam for use in Downie Timber's dry kilns. Hot water is then piped through a community energy system that serves institutional and commercial buildings in Revelstoke's downtown core.