zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 2016 Realtors - PowerPoint PPT Presentation

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 2016 Realtors and Developers Breakfast Presented by: Kyle Benham Director, Economic Development November 18, 2016

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Welcome AGENDA 7:30 Registration 8:00 Breakfast 8:30 Presentation 9:15 Q and A

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA The Team Kyle Benham Director Mary Cousineau Economic Development Officer Connor Leherbauer Acting Business Intelligence Coordinator ? Downtown & Business Development Manager ? Marketing & Investment Attraction Manager

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Ready - Set – Grow The New Oshawa Story

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Ready - Set – Grow Building On Momentum

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Oshawa 2016 Building Permit Value Residential Permit Value Commercial Permit Value October 2016: $6,669,300 October 2016: $2,990,300 Jan. - Oct. 2016: $183,592,000 Jan. - Oct. 2016: $41,622,100 Total Permit Value October 2016: $10,340,600 Jan. - Oct. 2016: $274,315,200 Industrial Permit Value Institutional Permit Value October 2016: $580,000 October 2016: $101,000 Jan. - Oct. 2016: $5,086,600 Jan. - Oct. 2016: $44,014,500

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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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 zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA • 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 zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA • R & D Mandate • Connected Car • Green Technology • 100+ Software Engineers

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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 zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA • Pop-up Shop Program • BIA Boundary Expansion • Culinary Destination • Street Lighting Upgrades • Events

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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)

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Ready - Set – Grow Moving Forward

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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.

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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 Materials and Robotics

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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