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