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Economic Development Office City of Mississauga

Economic Development Office City of Mississauga. June 29, 2005. Presentation to CCIM. Agenda. Overview Mississauga’s Business Community Growth Transportation Projects Development Opportunities City Centre OPA By-Law Consolidated Zoning By-Law Review Issues & Trends

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Economic Development Office City of Mississauga

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  1. Economic Development Office City of Mississauga June 29, 2005 Presentation to CCIM

  2. Agenda • Overview • Mississauga’s Business Community • Growth • Transportation Projects • Development Opportunities • City Centre OPA By-Law • Consolidated Zoning By-Law Review • Issues & Trends • EDO Functions & Services

  3. Canada’s 6th Largest City • Population: 695,000 growing to 750,000 • Debt-free with $630 million in reserves • "AAA“ Credit rating by Standard & Poor's • Recognized as “Canada’s safest city”

  4. 1. Toronto (2,481,494) 2. Montreal (1,039,534) 3. Calgary (878,886) 4. Ottawa (774,072) 5. Edmonton (666,104) 6.Mississauga (630,000) 7. Winnipeg (619,544) 8. Vancouver (545,671) 9. Hamilton (490,268) 10. Halifax (359,111) Top 10 Cities in Canada 2001 Census

  5. GTA is the 7th Largest RegionUSA & Canada 1. Los Angeles 9.33M 2. New York 8.71M 3. Chicago 8.08M 4. Boston 5.90M 5. Philadelphia 4.959M 6. Washington 4.74M 7. GTA 4.55M 8. Detroit 4.47M 9. Houston 4.01M 10. Atlanta 3.85M 11. Dallas 3.28M

  6. Our Business Community • Diverse Business Community • More than 49,000 registered businesses • Many International Companies • USA: 700 • United Kingdom: 70 • Japan: 85 • Germany: 97 • 57 Fortune 500 US companies with Canadian H.O. in Mississauga • 40 Financial Post 500 companies with Canadian H.O. in Mississauga

  7. Key Business Sectorsand Recent Deals • Biomedical/Pharmaceutical • Financial/Business Services • Information and Communications Technologies (ICT) • Automotive • Aerospace • Consumer Products

  8. Building Permit Value2000-2005 $Billions * January to May 2005

  9. Population Growth/Projection1991-2031

  10. Employment Growth Rate1996-2031

  11. Employment Lands SOURCE: City of Mississauga, Planning & Building Dept., Employment Lands Development Profile, May 2004

  12. Transportation Projects • Bus Rapid Transit (BRT) - Mississauga Segment • The Hwy 403/Eglinton Ave BRT corridor has Environmental Assessment approval • Mississauga is looking to the Province & Federal Government for a funding commitment to allow GO and the City of Mississauga to proceed as partners with the staged implementation of the Mississauga segment of the GTA BRT Spine Line

  13. Transportation Projects • Creekbank Road Extension • North-South Arterial Roadway Staging • 6 Phase project (Construction started in 2006 /completion in 2011) • Phase 1 - 2006, North from Matheson Blvd to Hwy # 401 • Phase 2 - 2007, construction of bridge over Hwy #401 • Phase 3 - 2008, North from bridge to Enterprise Rd with an extension of Enterprise Rd easterly • Phase 4 - 2009, North from Enterprise Rd to Shawson Dr • Phase 5 - 2010, North from Shawson Dr to Britannia Rd E • Phase 6 - 2011, North from Britannia Rd to Netherhart Rd and North to Courtney Park Dr E Please note: Budget for overall Capital Works Project only approved by Council for current year. Amended Feb 05

  14. Development Opportunities • Jannock Brickyard Lands • MeadowPine Blvd & Mississauga Rd • Hurontario & Derry Rd (N/W Quadrant) • Square One • Baif Developments Ltd

  15. City Centre Development • Approx. 151 ha (373 acres) • Consists of office, retail, residential and cultural developments • Population: • mid 2003 – 8,500 • mid 2021 – 21,300 • New City Centre district policies, zoning by-law and Urban Design Guidelines

  16. Planning Initiatives • City Centre District Policies (OPA 20) and By-law: • City Centre District Plan approved and is now in full force and effect. • Policies are intended to reinforce and enhance the image of the City Centre as a destination and major regional centre. • Mixed use development is encouraged so that its position as an employment, commercial and civic centre will be balanced by residential development, entertainment and facilities for business, visitors and tourists.

  17. Planning Initiatives • City Centre District Zoning By-Law: • Lands within the City Centre are pre-zoned in order to allow the City to respond to development initiatives and market considerations in a timely fashion. • Each zone category is affixed with a holding provision or “H” prefix that essentially prevents development from proceeding until such time as the developer or owner complies with specific conditions. • Development is no longer delayed with timely and costly public processes and are therefore more able to meet immediate market demands and needs.

  18. Planning Initiatives • Consolidated Zoning and By-law Review: • By-law 5500 being the Consolidated Zoning By-law for the City, along with Streetsville, Port Credit and others are being evaluated by the City Planning and Building Department. • Intent is to ensure that the By-law is relevant, consistent and easier to understand and work with.

  19. Issues and Trends • Changing City • Consolidation • Intensification/infill • Foreign Investment

  20. Economic Development Office Functions • Business Development: • Site location assistance • Business data • Business growth • Issue resolution • Corporate calls • Associations • Research & Marketing: • Business database and directory • Community profiles • Statistics and reports • Marketing materials, i.e. newsletter, brochures, website • Sector studies • Mississauga Business Enterprise Centre (MBEC): • Entrepreneur counselling • Seminars and workshops • SME consulting • Networking opportunities

  21. EDO Website

  22. eCity: Property Look-Up

  23. eCity: Property Map It

  24. Contact Information • D’Arcy Rahkola, Client Account Manager: industrial development specialistdarcy.rahkola@mississauga.ca905-896-5022

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