Tillsonburg's Economic Development & Marketing newsletter - Spring 2023 issue.
SPRING 2023 | ISSUE 003
Connected . Economic Development Newsletter
THE VISION Commercial and Office Space:
Building 1 is proposed to be mixed use retail and commercial office space suited for community services, medical and healthcare, or other business uses. Rental Units: Building 2 is proposed to be new rental apartments. Condominium Units : Building 3 is proposed to be new condominium units. Arts Centre : For various activities including farmer’s markets, special events and civic discourse. Civic Space : Open space located directly adjacent to Stationview. Public Space : Generously landscaped spaces for everyone in Tillsonburg to use and enjoy. to benefit the community and increased public engagement in planning policies and placemaking as some of its core community growth objectives. The Town of Tillsonburg has a longstanding reputation – from the original investment in the Town Centre Mall in 1980 to the more recent redevelopment of the 247 and 253 Broadway lands, to the current strong support offered for downtown reinvestment – as a community that values and invests in its downtown. The BMI Group project could be the next step in continuing to build our community. Pending various approvals, construction could begin as early as December 2023. For more information visit www.thebmigroup.ca/ project/stationview .
$100 MILLION MIXED USE RESIDENTIAL/COMMERCIAL DEVELOPMENT PROPOSED FOR TILLSONBURG’S DOWNTOWN CORE The BMI Group has announced the acquisition of the Stationview Developments various stakeholders to create a streetscape plan that addresses the needs of the growing
community while creating a historical development for generations to come.
Site in Downtown Tillsonburg and are proposing a $100 Million Residential/ Commercial development for the property! The proponents envision a vibrant new district, including expanded public space, greenspace and amenities, where Tillsonburg residents can live and access a range of services and businesses to meet their social, commercial and health needs. The BMI Group has also received support from Town Council to explore a re-imagining of the municipally owned Bridge Street – formerly a historic rail corridor for the Great Western Railway – including the consideration of the concept of “streetscaping”, which is being used by municipalities to enhance the look and feel of streets within downtown cores, provide safer environments for pedestrians and help spur local economic activity. A community task force has been created and includes representatives from the developer group, the Downtown Business Improvement Association (BIA), Station Arts Centre, Farmer’s Market, downtown property owners, Town Council and Town staff. The goal of the task force is to enable a rich collaboration with the
“The Town of Tillsonburg is Canada’s third fastest growing community and when the opportunity to develop an entire downtown block came along, we couldn’t pass it up” says BMI Group President John Veldman. “The BMI Group’s focus is on developing this site but we also believe in giving back to the communities where we invest. Helping the Town to develop a streetscape plan for the Bridge Street corridor is something we strongly believe will enhance the Town and its attractiveness within Southwestern Ontario and create more public space for all to enjoy” he adds. As a growing community, Tillsonburg faces many of the same challenges as larger communities including shortage of affordable and attainable housing. Cognizant of this, the BMI Group’s proposed development includes a variety of housing types, potentially helping to alleviate some of these pressures. This project is also supported by the Town’s Community Strategic Plan, which identifies enhanced Development Standards
www.tillsonburg.ca/invest
CONNECTED. ENRICHED. INSPIRED.
The Ontario government is launching a new pilot program to explore dynamic electricity pricing and its ability to lower electricity bills for small and medium-sized businesses including retail stores, commercial offices and farms. This new program builds on the government’s commitment to give consumers more control of their energy bills while benefiting the provincial grid. “Keeping electricity costs down for businesses helps create jobs and promote economic development,” said Todd Smith, Minister of Energy. “That’s why we’re launching our new dynamic pricing pilot to give them more choice in how they use and are billed for electricity – just like we’ve done for residential consumers”. The pilots will test alternate pricing structures that encourage participants to shift electricity consumption to hours where electricity demand is low, helping to reduce costs for businesses. The government is also launching a new ultra-low overnight electricity price plan that will be available to consumers next year, helping to support the adoption of electric vehicles. https://engagewithus.oeb.ca/dynamic-pricing-pilot ONTARIO HELPING SMALL AND MEDIUM-SIZED BUSINESSES LOWER ELECTRICITY COSTS
TILLSONBURG RESIDENTS RECOGNIZED FOR THEIR SERVICES
Dane Willson is the 2022 recipient of the Realtors Care Award for the Woodstock, Ingersoll, Tillsonburg and Area Association of Realtors (WITAAR). Dane exemplifies realtors who have made long-term contributions to the communities in which they live. He
volunteers throughout the year for various charitable fundraisers and organizations including the Tillsonburg District Memorial Hospital Foundation. He helps to promote public awareness that realtors are committed to their communities and care deeply enough to be actively involved. Congratulations Dane!
Suzanne Renken is the 2022 recipient of the James Gordon Carnegie Award for displaying exemplary efforts as a mentor and a leader. She has been recognized for actively taking on leadership roles that have strengthened both herself and the
organization, including working with the local BIA, serving on the local Economic Development Committee and contributing to many other organizations and initiatives over her 20 years in the Chamber Network. Congratulations Suzanne!
Northgate Plaza - Tillsonburg’s Newest Retail Development! Retail and Office | $22.00 /sq.ft.
Property Services • Electricity • Natural gas •
Property Features •
Northgate Plaza, located at 671 Broadway, is a new retail development on the north end of Tillsonburg (across from Sobeys). With an unparalleled location situated right next to expanding residential developments and access off the main highway into Town, this new modern commercial complex will feature 15 retail/office/restaurant units. Tillsonburg has been rated as Canada’s third fastest growing community and is only a 15 minute drive from the 401 corridor. Over 10,000 vehicles per day pass by this location!
Proposed Building Size (SF): 41,000 Unit sizes (SF): 2,750 to 10,000
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Underground wiring
Construction timeline: Anticipated Fall 2023
Garbage/Sanitary collection
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Recycling pickup
Min lease term: 60 months
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High speed internet available
Common interest: Freehold/None
Cell service
Common elements: Yes
Telephone available
Exterior features: Grade level docks, Paved parking for over 200 vehicles Property access: Paved road, Public road
Street lights Transit service
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Contact Rob Koppert to reserve your spot in this superb new plaza: rkoppert@royallepage.ca .
Contact Tillsonburg’s Economic Development and Marketing Department at 519.688.5651 or invest@tillsonburg.ca
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