Transcript Document

OAKVILLE ECONOMIC
DEVELOPMENT ALLIANCE
CCIM West Economic Forum
Presentation by: Rob Milligan, CEO
2005 Economic
Development Strategy
OUR VISION
“The Oakville Economic Development
Alliance is committed to enhancing
Oakville as a diverse live/work community
with a sustainable economic base that
reinforces the health of the community and
maintains the high quality of life”
2005 Economic
Development Strategy
OBJECTIVES
1. Continue development of a Business Retention and
Expansion program.
2. Engage in business attraction programs designed to
encourage investment in targeted sectors and clusters.
3. Promote the Town as a location for tourism investment
and as a tourist destination.
4. Encourage the creation of an adequate supply of
serviced employment lands that allow for flexible,
multi-use development that supports an increase in
Town-wide live/work opportunities in Oakville.
Competitive
Analysis
High Growth Clusters
•
•
•
•
•
Professional, Scientific & Technical Services
Real Estate, Rental & Leasing
Retail Trade
Educational Services
Management of Companies & Enterprises
Competitive Analysis
Carvalho Scale - Ranking Oakville’s Industrial Sectors
Oakville to Ontario 1999-2003
Prof. Scientific & Tech.
Mgmt of Companies
Admin & Support
Retail
Real Estate
Wholesale
Education
Utilities
Transport
Health
Accom & Food
Finance & Insurance
Agriculture
Other Services
Construction
Manufacturing
Mining, Oil & Gas
Information & Culture
Arts & Ent
Public Admin
High
Performers
Poor
Performers
0
2
4
Medium
Performers
6
8
10
12
Partnerships
Are Key
• Town of Oakville
• Oakville Chamber of
Commerce
• Sheridan Institute
• Residents
• Business Community
• Oakville Hydro/Blink
EMPLOYMENT LANDS
•
The amount of employment land designated in the Official plan is related to
the amount of industrial and office employment required by the municipality
to achieve Activity Rate policy goals, and to maintain a competitive supply
of vacant and marketable employment lands.
•
The municipality will strive to maintain a minimum 15 year supply of vacant
employment lands.
•
AVERAGE ABSORPTION FROM 1990 TO 2004 = 49.35 acres
•
15 Year Supply Approximately (15 x 50) = 750 acres
SUMMARY OF ALL EMPLOYMENT DISTRICTS
ZONE
E1
E2
T1
M2
TOTAL
VACANT (Hectares)
224
77
54
10
365
VACANT (Acres)
553
190
134
26
902
EMPLOYMENT LANDS
INVENTORY OF EMPLOYMENT LANDS AND VACANT LANDS BY ZONE BY DISTRICT
EMPLOYMENT
DISTRICT
QEW West
QEW East
Winston Park
Burloak
Mid Town Core
Winston Park West
TOTAL
ZONING
DESIGNATION
E1
E2
T1
Sub-Total
E1
E2
T1
M2
Sub-Total
E1
E2
T1
Sub-Total
E1
E2
T1
Sub-Total
E1
E2
T1
Sub-Total
E1
E2
T1
Sub-Total
TOTAL EMPLOYMENT LAND
INVENTORY
VACANT EMPLOYMENT LAND
INVENTORY
ha
182
202
82
466
126
158
77
10
372
81
71
33
185
65
167
34
265
43
11
5
59
83
0
8
91
acres*
450
500
202
1,152
310
391
191
26
918
199
176
82
457
161
411
84
656
107
27
12
145
205
0
20
225
ha
27
17
2
47
37
0
24
10
71
22
5
11
37
60
51
9
120
2
4
0
6
76
0
8
84
acres*
68
43
6
116
92
0
59
26
176
54
12
26
92
147
126
23
296
5
9
0
14
187
0
20
208
1,438
3,553
365
902
INTENSIFICATION + REVITALIZATION
The Game has Changed:
•
The knowledge-based economy depends on what economists
call high human capital -- what most of us would call talent.
•
Nobel prize-winning economist Robert Lucas maintains that the
driving force in the growth and development of cities and regions
can be found in the productivity gains associated with the
clustering of talented people.
•
But what brings talented workers to those areas? How do they
make their residential and business location decisions? What sets
high-technology centers such as Silicon Valley and Route 128 in
Boston apart from other metropolitan areas? Why have some cities
- many home to some of the nation's most prestigious university
research centers and college graduates - been unable to attract
talented technology workers?
INTENSIFICATION + REVITALIZATION
Business Retention and Expansion
 B.I.A. (2) Downtown, Bronte
 Kerr Street Example
 Corporate call program
Business Attraction
 Target environmentally friendly businesses in the
Knowledge Based/Adv. Manufacturing/Professional
Services.
 Use employment lands most efficiently.
 Higher employment densities from head offices.
Population Projections
YEAR
*2001
2006
2011
2016
2021
POPULATION
144,738
161,500
186,400
215,000
231,800
There will be Growth
*S t a t is t ic C a na da C e ns us D a t a - 2 0 0 1
S o urc e - B e s t P la nning E s t im a t e s - J uly 2 0 0 3
Construction Value
$700,000,000
$600,000,000
$500,000,000
$400,000,000
Const ruct ion Value
$300,000,000
$200,000,000
4
3
2
00
2
00
2
00
1
2
00
0
2
00
9
2
99
8
1
99
7
1
99
1
1
99
6
$100,000,000
$-
OAKVILLE ECONOMIC
DEVELOPMENT ALLIANCE
Thank You for Attending!