Big Lake is located at the cross roads of one of the largest oil and gas plays in the Western Hemisphere. Oil and gas exploration activities over the past two years have had a major impact on the growth of thecity and region. These industry activities have placed both a strain on services and infrastructure, yetprovide numerous opportunities for new housing development, attraction of retail and industrialservices, and a catalyst for job creation.
This assessment provides an overview to address challenges and identify opportunities for new businessattraction and existing business and economic development expansion. Enhanced tax base growth forthe city will position the community as the trade and commercial hub for the region.
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