Record-Setting Year for ICI Development
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 Town.
“I am very pleased with this, it is a testament to our open-for-business culture,” said Milton Mayor Gord Krantz. “We continue to achieve a balance of residential and non-residential development and provide a high standard of living for the Milton community.”
Seven large 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 the fall, 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 received its permits and will begin construction,” added Mayor Krantz.
“The Town of Milton prides itself in extending excellent customer service to new and existing businesses, 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.”