We are excited about Farm Boy joining us at 295 Fourth Ave, St Catharines. Construction is now underway for the grocery store along with three additional buildings. There are only a few units remaining at this location. Please contact me for details. Farm Boy to Create 120 New Jobs “Ontario-based farm produce retailer Farm Boy will be opening a new location in St. Catharines in early 2020, a move the...
image courtesty of Niagara Region The Niagara Gateway Economic Zone Centre Community Incentive Plan (CIP) was developed through the Region of Niagara to encourage the private sector development and redevelopment of Niagara’s employment lands. The Gateway centre includes the municipalities of Fort Erie, Welland, Port Colborne, Thorold and Niagara Falls. The cities were strategically identified for their...
Attracting and then finding the right tenant for your commercial property can be challenge. Once the right tenant has been found, as a commercial landlord, you will need to draft a lease that protects your property and it's assets. Each commercial lease you draft should be customized to the specific tenant, but the following protections should always be consider and then implemented when entering in to a...
Seaway Mall Target photo via Welland Tribune When Target pulled out of Canada early this year, commercial real estate landlord’s across Canada were left with major retail vacancies. In Niagara, this translated to vacancies at St. Catharine’s Pen Centre, Welland’s Seaway Mall and Niagara Falls’, Morrison commercial park. Last week it was announced that Walmart would be leasing the vacant space at...
In 2008, with a master plan in place, the City of Welland began marketing over 500 acres of land along Welland's Recreational Waterway for redevelopment. The plan calls for a transformation of the waterway with a combination of recreational, commercial and residential developments. Much of the land available for redevelopment requires remediation as a result of years of heavy industrial use. Some of the...
The Canadian Motor Speedway scored major financial backing opportunities this week from the region of Niagara. This is the first form of measurable support that the Niagara regional has thrown behind the CMS despite the fact that the speedway is an incredible commercial investment for the City of Fort Erie. Canadian Motor Speedway now eligibal for regional financial incentives The region approved major...
In late 2011, the Ministry of the Environment (MOE) implemented changes to the guidelines for completing a Phase I environmental site assessment (ESA). These changes affected the requirements and conditions of various components of conducting an ESA including the term of validity of an ESA. Property owners need to be aware of these new conditions when looking to sell their industrial or commercial land....
News of Hamilton’s Tim Hortons Stadiums progress made headlines again this week. The ongoing development of the stadium has become a contentious issue between the City of Hamilton and Infrastructure Ontario. The stadium, which was supposed to open in June of 2014, now runs the risk of not being finished in time for the Pan Am Games in July. The federal, provincial and municipal governments have invested...
image courtesy of Niagara Falls Review Community Improvement Plans (CIP) provide a variety of financial incentive programs to encourage development/redevelopment in key areas. As part of an ongoing series, I will be assessing the CIPs of specific areas within the Greater Horseshoe. The focus of CIPs in Niagara Falls includes the downtown core, historic Drummondville, and brownfield areas. Today, I will...
Environmental Site Assessments (ESA) are conducted in order to monitor major projects and to assess their possible environmental impacts. They have become a requirement for developmental planning and management and they provide the opportunity to mitigate environmental liabilities associated with industrial and commercial land. There are three phases associated with an ESA, to conduct an ESA at any phase a...