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The Economy 2002 - Newfoundland and Labrador

Paradise allows residents to take 
advantage of their close 
proximity to the capital city, while still retaining a rural lifestyle

Credit: Ronalda Steele
New housing developments for Paradise were valued at over $53 million in 2000 and 2001

www.town.paradise.nf.ca
 
First identified in the 1830s as a prime area for agricultural development, Paradise has grown considerably since 1971. Over the past 30 years, the town’s population has more than quadrupled, from 2,270 to near 10,000 people. Population growth is outpacing all other areas in the region and is reflected in the growing number of new housing developments. In 2000 and 2001, over 400 new homes (valued at over $53 million) were constructed in the town. This represented 24% of new housing starts in the St. John’s area and 15% of total provincial housing starts. 

A Focus on Development

Residential housing development is expected to increase over the next several years with over 2,400 building lots approved for construction in the town. This new growth, combined with the expansion of the past several years, is reflected in increasing school enrolment and expanding road infrastructure.

Industrial activity in Paradise is concentrated in St. Anne’s Industrial Park and adjacent areas along Topsail Road. Over the past two years, there have been more than 30 commercial and industrial developments in the town (valued at over $5.4 million). In addition to general service sector expansion, these developments have included firms specializing in services such as offshore oil supply, manufacturing, metal fabrication, construction, information technology, and transportation. Paradise is aggressively pursuing new commercial and industrial developments, by offering competitive land prices (including the new 64 acre Octagon Pond Industrial Park), and competitive taxation rates. The town is also promoting its proximity to St. John’s, and its strategic location to nearby industrial parks, the Trans Canada Highway, and other major roads. The continued expansion and diversification of the economy in the St. John’s area, combined with the rapid growth of the town’s residential and industrial base, bodes well for the community’s future.
 
 
 
Community Indicators

Paradise  Province
Population (1998)   9,680 545,362
Population Components (1998)
    School Age Children  30%  29%
    Prime Labour Force (25-54)   52% 46%
    Seniors (65+)  6%  12%
Education Attainment (1996)
    Completed post secondary   37% 30%
    High school / some post
    secondary  
32% 24%
    Less than high school   31% 45%
Income (1998)
    Median personal income   $21,700 $14,700
    Median family income   $37,400 $27,600
Education Enrollment
    1996   973 106,205
    2001   999 90,167

Source: Community Accounts Database; Department of Education; Statistics Canada
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This information was current as of March 11, 2002.
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