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• EDO Functions & Services
Canada’s 6th Largest City
• Population: 695,000 growing to 750,000• Debt-free with $630 million in reserves• "AAA“ Credit rating by Standard & Poor's• Recognized as “Canada’s safest city”
Top 10 Cities in Canada
1. Toronto (2,481,494)
2. Montreal (1,039,534)
3. Calgary (878,886)
4. Ottawa (774,072)
5. Edmonton (666,104)
6. Mississauga (630,000)
7. Winnipeg (619,544)
8. Vancouver (545,671)
9. Hamilton (490,268)
10. Halifax (359,111)
2001 Census
GTA is the 7th Largest RegionUSA & Canada
1. Los Angeles 9.33M2. New York 8.71M3. Chicago 8.08M4. Boston 5.90M5. Philadelphia4.959M6. Washington 4.74M7. GTA 4.55M8. Detroit 4.47M9. Houston 4.01M10. Atlanta 3.85M11. Dallas 3.28M
Our Business Community
• Diverse Business Community– More than 49,000 registered businesses – Many International Companies
• USA: 700• United Kingdom: 70• Japan: 85• Germany: 97
– 57 Fortune 500 US companies with Canadian H.O. in Mississauga
– 40 Financial Post 500 companies with Canadian H.O. in Mississauga
Key Business Sectorsand Recent Deals
• Biomedical/Pharmaceutical• Financial/Business Services• Information and Communications
Technologies (ICT)• Automotive• Aerospace• Consumer Products
Building Permit Value2000-2005$Billions
* January to May 2005
Population Growth/Projection1991-2031
695,000
680,000
544,400
463,400
716,200 749,700
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
1991 1996 2003 2005 2021 2031
Population
Projection
Employment Growth Rate1996-2031
314
372396
410 427486
0
50
100
150
200
250
300
350
400
450
500
1996 2000 2003 2005 2011 2031
Th
ou
san
ds
WorkforceProjection
Employment Lands
SOURCE: City of Mississauga, Planning & Building Dept., Employment Lands Development Profile, May 2004
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
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
Development Opportunities
• Jannock Brickyard Lands• MeadowPine Blvd & Mississauga Rd• Hurontario & Derry Rd (N/W Quadrant)• Square One• Baif Developments Ltd
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
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.
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.
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.
Issues and Trends
• Changing City • Consolidation• Intensification/infill• Foreign Investment
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
EDO Website
eCity: Property Look-Up
eCity: Property Map It
Contact Information
• D’Arcy Rahkola, Client Account Manager: industrial development [email protected]
