Welcoming the crowd and speaking about why investors choose Halton.
Dave Carreiro, Executive Vice President, First Gulf, Gavin Reiff, Vice President of Asset Management, Fengate Capital Management, Marc Danko, Vice President Office Leasing, Cushman & Wakefield
Milton Cycling Academy elite cyclists:
Special guest, Steve Bauer, Milton Cycling Academy Head Coach, former Olympian and Tour de France icon
On October 27, Halton Region’s Economic Development team hosted the sixth annual Real Estate Forum, entitled “Gear Up for Growth,” which took place at an exciting new Halton venue, The Mattamy National Cycling Centre, in Milton. This location was perfect for this event because it speaks to what is unique about Halton and why our region is a great place to live, work and do business. We have access to world-class venues. We offer a high quality of life. We are committed to delivering high-quality infrastructure. We support research and innovation… and these are just a few reasons why Halton is ahead of the competition when it comes to being the best location to invest.
The Halton Real Estate Forum is an event for industrial and commercial real estate brokers, developers and businesses to learn about why companies are choosing to do business in Halton. Over 150 attendees networked over breakfast, generated leads through face-to-face meetings and learned all about the latest Halton investment information and forecasting trends for the real estate market in the region from some of the area’s most influential industry experts and regional staff.
As part of the Greater Golden Horseshoe, Halton is designated as one of the “Places to Grow” in Ontario by the provincial government and the Ministry of Economic Development, Employment and Infrastructure. Halton has experienced significant growth over the last 20 years and the region will continue to grow in population, workforce numbers, residential and commercial development, and in entrepreneurial activity. With this continued growth comes an abundance of opportunities for investment, which is one of the key reasons that businesses choose Halton as their location of choice.
Here are some statistics about the Region’s projected growth:
- Over 530,000 residents — projected to exceed 1,000,000 by 2041
- Workforce of nearly 280,981 — projected to reach 470,000 by 2041
- 5,000 hectares of employment lands, with another 1,565 hectares slated for development
- 19 per cent average annual growth in non-residential construction values since 2004
Both commercial/industrial and residential real estate activity are important indicators of economic growth. Real estate development throughout Halton region remains strong and positive. Low vacancy rates and strong demand will continue to stimulate development and generate new investment opportunities.
A number of factors encourage and support growth throughout Halton: a commitment to well-planned and well-built infrastructure, ample employment lands for development and above-average lifestyles for residents. In addition, Halton Region has a dedicated Economic Development team that works closely with companies who are considering investing or relocating, to identify business incentives and location preferences in the region. With the team’s knowledge and contacts they can provide a full range of support services and essential information on Halton’s economy, labour force, business costs, hiring, infrastructure, real estate and lifestyle.
As Halton Region continues to Gear up for Growth, we are certain that our competitive edge as a leading business location will persist in bringing outstanding investors into Halton. For more information you can connect with the Economic Development team on halton.ca/invest or on Twitter,Facebook and LinkedIn.
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, LinkedIn orFacebook. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”