2016 Realtors and Developers Breakfast · Presentation 9:15 Q and A . The Team. Kyle Benham ....

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Transcript of 2016 Realtors and Developers Breakfast · Presentation 9:15 Q and A . The Team. Kyle Benham ....

2016 Realtors and Developers Breakfast Presented by:

Kyle Benham Director, Economic Development

November 18, 2016

Welcome

AGENDA

7:30 Registration

8:00 Breakfast

8:30 Presentation

9:15 Q and A

The Team

Kyle Benham Director

Mary Cousineau Economic Development Officer

Connor Leherbauer Acting Business Intelligence Coordinator

? Downtown & Business Development Manager

? Marketing & Investment Attraction Manager

2017 Priorities

Marketing • Tell the “New” Oshawa Story

Assessment Growth • New ICI Development

Growth of Value-Added Jobs • Advanced Manufacturing • Energy Generation • Health and Bioscience Technology • Transportation and Logistics • Information Technology

Ready - Set – Grow

The New Oshawa Story

Economic Transformation

Manufacturing’s Evolving Role

• Important But Not Dominate

• Employment Has Stabilized • Steady at About 6000 Jobs • 10% of Total Jobs

• Growing Focus On • Small/Medium Enterprises • Globally Connected • Customized Products • Increased Output

Economic Transformation

Significant Growth of the Knowledge Based Sectors

• Health Services Sector • 39% Growth • 16% of Total jobs

• Education Sector • 45% Growth • 10% of Total Jobs

Economic Diversity

• Economic Sectors are Well Balanced

• Conference Board of Canada Diversity Index: 0.9 out of 1.0

• Manufacturing No Longer Dominant

• Project 2.7% Annual Growth of Value-Added Services

Positioned For Growth

Talent Will Create New Opportunities

• Financial and Professional Services Companies Are Under Represented In the Community

• More Local Workers in Key Sectors Than Jobs

• Talent is Consistently the #1 Factor Companies Look For

Ready - Set – Grow

Building On Momentum

Oshawa 2016 Building Permit Value

Residential Permit Value October 2016: $6,669,300

Jan. - Oct. 2016: $183,592,000

Commercial Permit Value October 2016: $2,990,300

Jan. - Oct. 2016: $41,622,100

Industrial Permit Value October 2016: $580,000

Jan. - Oct. 2016: $5,086,600

Institutional Permit Value October 2016: $101,000

Jan. - Oct. 2016: $44,014,500

Total Permit Value October 2016: $10,340,600

Jan. - Oct. 2016: $274,315,200

407

• The 407 East Expansion Opened June 20 2016

• Brings Oshawa Within an Hour’s Commute of Most GTA Municipalities

• Increases Businesses’ Customer Bases

• Boosts the Already Strong Residential and Retail Market in North Oshawa.

Oshawa Centre Expansion

• $230 Million Expansion • Opened September 29, 2016

• 700 New Retail Employees • Created 60 New Stores • 1,000 Seat Food Court • 2 New Restaurants

Atria Phase I – 100 Bond Street

• 12-storey $50 Million Luxury Mixed Use Development

• 239 Upscale Apartments

• 13,000 S.F. Commercial Retail Space

• To be Completed Early 2017

UOIT SIRC

• $33.5 Million Software and Informatics Research Centre

• Hub for Research in Health and Business Analytics, IT Security, Networking, Gaming, and Software Engineering

• Strong Focus on Promoting Interdisciplinary and Experiential Learning for Students in Computer Science, IT and Engineering

GM

• New Product Mandate • Chevy Silverado • Expected New Hiring

• R & D Mandate • Connected Car • Green Technology

• 100+ Software Engineers

Oshawa Executive Airport

Canadian Flight Academy • $7m upgrade to the flight school • 4 New full motion simulators • 27 new aircraft

Durham Aviation Services • 14,000 sq ft corporate hangar.

Nav Canada • $8m air traffic control tower

Recent Land Sales 2017- Two more hangars

Runway Reconstruction 2017

Filming

2016 Oshawa Filming Activity

• Stephen King’s IT – feature film • American Gothic – tv series • Incorporated – tv series • The Expanse – tv series • Future Legends – tv series • Miss Sloane – feature film • The Handmaid’s Tale – tv series • Private Eyes – tv series • Various Commercials

Downtown

• Revised Financial Incentives Program

• Pop-up Shop Program

• BIA Boundary Expansion

• Culinary Destination

• Street Lighting Upgrades

• Events

Awards

• Real Estate Hot Spot • Top 10 for real estate value in Canada (MoneySense Magazine)

• Best Place to Find Work • Best of 33 Canadian cities: BMO Labour Market Report Card

• City of the Future • Top Canadian city in the Top 10 Small American Cities of the Future as

ranked by fDi Intelligence

• Community of Choice • Top 10 for net intra-Canada migration (Statistics Canada)

• Start-up City • 4th of major Canadian cities for entrepreneurial policy (CFIB)

Ready - Set – Grow

Moving Forward

Residential Growth

• The Kedron Planning Area is Expected to Grow to Accommodate 22,000 New Residents on 466 Hectares of Land

• Active Development Applications on 85% of the Land, Expected 2-3 Year Build-out

• Development Applications in the Pre-consultation Stages for an Additional 5% of the Land, Expected 3-4 Year Build Out

Atria Phase II – 100 Bond Street

• 18 Storey Tower and 21 Storey Tower, Both with Ground Floor Commercial

• 589 Upscale Apartments

• 7,039 S.F. Commercial Retail Space

• Currently in Approvals Process

Medallion Development

• $600 Million Residential Development Consisting of Apartment Buildings and Townhouses

• Located on a 10.7 Acre Brownfield Site, the Former Site of Fittings Ltd.

• 1,767 Total Units, Enough Space for ~3,500 Residents

• Final Project Approvals are Expected Late 2016

RioCan Windfields Hub

• 160 acre Proposed Development at the Intersection of Simcoe Street North and Winchester Road

• Adjacent to a New Highway 407 Interchange

• Designated as a Regional Retail Site, will be Able to Accommodate Up to 1.5 Million Square Feet of Development.

• Development is Expected to Commence in 2017.

Northwood Business Park

• Oshawa’s Future Technology Park

• Area is in the Process of Being Zoned and Serviced to Allow for Employment Development

• Excellent Proximity to the UOIT/Durham College Main Campus, the Highway 407 and the Oshawa Executive Airport

UOIT/Durham College Master Plan

• Enrollment at the DC and UOIT Main Campus is Expected to Increase by 18,000 Students in the Next 15-20 Years

• A Campus Master Plan, Including a Detailed Concept Plan, a Phasing and Implementation Strategy, was Created

• Fundraising for Several New Buildings Within this Plan is Well Underway

Durham College CFCE

• Durham College is Preparing to Break Ground on $35 million Centre for Collaborative Education (CFCE)

• 75,000 Square Foot Building

• Global Collaboration and Entrepreneurship

• Creates a Facility Where Students, Employees and the Broader Community can Work Together

Materials and Robotics

UOIT CARIE

• $100 Million Centre for Advanced Research, Innovation and Entrepreneurship (CARIE)

• New Cluster of Advanced Manufacturing, Research and Development in Strategic Industries such as Nuclear, Electrical and Alternative Energy Systems, Automotive and Transportation, New

Trent University Expansion

• Plans to Bring Student Population from Just Under 1,000 to More than 2,500

• $38 Million Academics Building Proposed

• $18 Million Student Residence Proposed

• Campus Currently Provides $47 Million to Oshawa’s Local Economy

GO Train Expansion

• Province Announced 4 New GO Stations in Durham by 2023, 2 in Oshawa

• Central Oshawa GO Station will Create a Multi-modal Hub on Knob Hill Site, Improving Downtown Access and Gentrifying the Local Neighbourhood

• Thornton Corners GO Station will Help Develop the dLab Lands, a Planned Commercial and Institutional Hub on the Border of Oshawa and Whitby

• The Extension is Projected to Bring 21,300 Jobs to East Durham

Central Oshawa Go Station

• The Proposed Oshawa Central GO Station Area has 33,344 Residents Within a 2km Radius

• With GO Station, Potential for 2,612 Residential Units and 568,428 SF of Non-Residential Use in 2km Radius

• The Site is Connected to Downtown Oshawa Urban Growth Centre by a 1km Rail Trail

• Central GO Station Area Goal is 40 People+Jobs Per Hectare by 2025

Medallion Development 1767 Units

Central Oshawa GO Station Site

Downtown Oshawa

Join Us

• Share the New Oshawa Story

• Tell Us Your Story

• Collaborate on Investment Pitches

We Are Here

Questions?