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Lake Simcoe Regional Airport Economic Employment District

Lake Simcoe Regional Airport Economic Employment District. Lake Simcoe Aeropark Oro-Medonte, Ontario. Investment Opportunity. 168 acres of fully serviced industrial land available in 2013 and designated by the Provincial Government as an ‘Economic Employment District’.

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Lake Simcoe Regional Airport Economic Employment District

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  1. Lake Simcoe Regional Airport Economic Employment District Lake Simcoe Aeropark Oro-Medonte, Ontario

  2. Investment Opportunity • 168 acres of fully serviced industrial land available in 2013 and designated by the Provincial Government as an ‘Economic Employment District’. • Located next to Lake Simcoe Regional Airport, registered as a Commercial Port of Entry for cargo and passengers (full Customs service) with 737-series aircraft capacity runway. • Unique chance to create and establish your own international export/import facilities. • Opportunity to collaborate with Universities and Technology Companies for Research and Development.

  3. Lake Simcoe Aeropark Location Half-way between the Cities of Barrie and Orillia in the Township of Oro-Medonte, County of Simcoe. Aeropark is served by Highways #11 and #400 and Lake Simcoe Regional Airport. Lake Simcoe Aeropark is: • 55 minute drive from Toronto • Immediate regional market population over 650,000 • 125 million consumers within one day’s trucking distance • 1 hour - 45 minute regional jet flight to New York City

  4. Community Profile Lake Simcoe Regional Airport and Aeropark are hosted within a vibrant and rapidly expanding community with a strong employment base comprised of manufacturing, public service and tourism sectors. The County of Simcoe, with a population of approximately 446,000 has the fourth highest growth rate in the Province of Ontario and the City of Barrie, with a population of 187,000, has the fastest growth rate of any Census Metropolitan Area in the province. The Canadian Council on Learning's 2009 evaluation of more than 4,700 municipalities across Canada ranks Barrie as the 5th smartest city in Canada on the Composite Learning Index. The result is a talented labour pool, increased earnings and enhanced prosperity. Community Statistics Household Income: $84,921 (17% higher than the provincial average) Employment Rate: 68% (versus 62.8% for the whole of Ontario)

  5. Ontario Airport Locations and Capacity Details Lake Simcoe Regional Airport combines excellent capacity and immediate industrial land access at Aeropark! Lake Simcoe Regional Airport is the ideal alternative to Pearson and Hamilton International Airports for cargo or passenger flights in northern Greater Toronto Area. Aeropark has excellent highway access and proximity to market and population.

  6. Key Map Showing Airport and Aeropark Location

  7. Development/Building Charges, Realty Tax Comparison Lake Simcoe Aeropark enjoys a significant competitive advantage on development charges, building permit fees and realty tax rates due to its location in Oro-Medonte Township. Annual realty taxes are up to $7,000 per annum lower (for industrial buildings with $1M assessed value) while development and building charges are 1/3 of other municipalities. All figures are for 2012 rates.

  8. University Campus Proposal • In 2011, the Ontario government announced a need for a new University Campus due to population growth in Simcoe County. Aeropark has proposed a ‘build to suit’ campus on 20 acres, with an offer to separately finance, build and manage the facility with the following highly regarded project team: • Leeswood Construction – design/build/construction • Quadrangle Architects Ltd. – conceptual/design/permits • Camino Modular Systems Inc. – interior finishing/hvac/electrical/data systems • HOOPP Pension Plan – construction and building financier • Aeropark’s Campus concept permits up to 3,000 students by 2020, within a 160,000 sf facility, space for 140 faculty staff, parking and recreational space, and separate dormitory housing for up to 500 students. • Aeropark features zoning for post-secondary school uses, and its proposed full development will include a small business incubator, research and development laboratories, service and support business opportunities geared towards the Airport. Using Provincial procurement standards, Aeropark will offer financing that aligns University development goals with the province to ensure project funding approval and implementation. • Aeropark is seeking an Education Partner to make this proposal complete.

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