Last year, 2012, was a record setting year for industrial, commercial and institutional (ICI) development in Halton, with ICI development surpassing over $1.2 billion in building permit value.
On Tuesday, October 29, I joined industrial and commercial developers and real estate brokers from the Greater Toronto Area, along with my colleagues from Regional Council and Halton’s Local Municipalities at the Halton Real Estate Forum, held in Burlington.
The event was a terrific opportunity for businesses to network. Attendees also had the chance to learn about economic and real estate performance, trends, development cost competitiveness in Halton and the surrounding area, and hear from business panelists their reasons for choosing Halton.
Halton has been named the safest regional municipality in Canada for the past five years. We have an AAA credit rating, location and quality of life that is second to none, and incredible talent living within our borders. Judging by our growing ICI development numbers and recent investments by companies such as Target, Siemens, Toronto Premium Outlets and Gypsum Technologies Inc., it is clear that Halton continues to be an economic hotspot.
A key message voiced by the speakers at the Forum was that with our ecosystem of leading companies and exceptional quality of life, Halton is indeed a location of choice – one of the best communities in which to live and work.
Halton’s Director, Economic Development, John Davidson provided an overview of trends in the commercial and industrial real estate market in Halton. His presentation included a short video testimonial from Sanjay Singhal, Co-founder & CEO of Audiobooks.com.
All of the speakers alluded to Halton’s attractive business environment, access to skilled workers, customers and suppliers, the entrepreneurial eco-system, excellent infrastructure, location, facilities for innovation and startups, such as HalTech, and proximity to post secondary institutions.
You can review the presentations, including mine and the address by keynote speaker Josh Kaufman, Vice President, Retail and Commercial Development, Dundee Realty Corporation, at www.halton.ca/ref2013.
As always, if you have any Regional concerns or comments you would like to share, please feel free to email me at email@example.com. You can also find me on Twitter @garycarrhalton or on Facebook. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”