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 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

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.

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

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

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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

GM

• New Product Mandate
• Chevy Silverado
• Expected New Hiring
• 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA

Downtown

• Revised Financial Incentives Program
• 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

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

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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA 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

zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Join Us

• Share the New Oshawa Story
• Tell Us Your Story
• Collaborate on Investment

Pitches

We Are Here

Questions?