News release -
The Town of Milton is pleased to announce that it has secured more than 2.5 million square feet of non-residential development in 2015, setting a new annual record for the corporation.
"This is a significant accomplishment for the Town of Milton and is a testament to our open-for-business culture," said Milton Mayor Gord Krantz. "We continue to strive for a balance of residential and non-residential development in our effort to provide a healthy economy and a high standard of living for the Milton community."
Eight new non-residential developments received permits in 2015: Emery Investments, Healthcare of Ontario Pension Plan (HOOPP), Kylin and CREIT, Prologis (three facilities), and Sun Life Financial. Expansions were approved this year for a.b.m. Canada, Crawford Metals, and Dare Foods Ltd.
"In September, we anticipated that 2015 would be a record-breaking year, and it’s exciting to see that the last large development project of the year has received its permits and will begin construction in the near future," added Mayor Krantz.
"The Town of Milton prides itself in extending excellent customer service to new and existing businesses in Milton, by assisting them with site location and guiding them through the development process," said Andrew Siltala, Senior Manager, Economic Development. "The success of the Town’s investment attraction program is a critical component of the plan for balanced growth."
Milton, Ontario was recently named Canada’s Best Place for Business in 2015 according to www.profitguide.com, based on such factors as prime location within the Greater Toronto Area, a highly educated and growing population and a supportive municipal government.
For more information on the Town of Milton’s Economic Development program, visit www.miltonthiswayup.ca.
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Attached: Map of Phase 1 Business Park, Major Industrial Assessment in 2015
For media inquiries, please contact:
Senior Manager, Economic Development
905-878-7252, ext. 2103
905-878-7252, ext. 2154