hamilton commercial real estate report 2015 · suite 1010 8,770 sf great elevator exposure,...

24
LOFTY AMBITIONS FORMER COTTON MILL TURNED CREATIVE COMPLEX SIGNIFYING HAMILTON’S TRANSFORMATION + AIRPORT DISTRICT 1700 Acres of Airport Land now Available + LOGISTICS HAMILTON Hamilton’s Transit Network a logistical hub + WATERFRONT DEVELOPMENT Opportunities at new Harbour Lands coming soon www.creBlurb.com HAMILTON Ontario, Canada Commercial Real Estate Report

Upload: hoangmien

Post on 02-May-2018

219 views

Category:

Documents


1 download

TRANSCRIPT

  • LoftyAmbitions Former Cotton mill turned Creative Complex signiFying Hamiltons transFormation

    +Airport District 1700 Acres of Airport Land now Available

    +Logistics HAmiLton Hamiltons Transit Network a logistical hub

    +WAterfront DeveLopment Opportunities at new Harbour Lands coming soon

    www.creBlurb.com

    HAMILTON Ontario, Canada

    Commercial Real Estate Report

  • Canadas most diversified economy, Ontarios fastest growing economy, and once again ranked one of the best places to invest in Canada by Site Selection Magazine.

    INVESTMENT. READY.

    investinhamilton.ca

    ON THERISE

  • 3 creblurb.com

    From the President of the reAltors Association of hamilton-burlington The greater Hamilton area has received a lot of interest lately as a place to live and invest. The areas position as a transportation hub for Southern Ontario, the forthcoming Light Rail Transit (LRT) for major Hamilton corridors, the prospect of all-day GO services between Hamilton and Toronto, the excitement of this years Pan Am Games, and the growth of the high tech sector are just a few of the reasons our area is receiving so much attention.

    Hamiltons downtown is undergoing a major revitalization with the new McMaster Health Campus, which is expected to be an additional catalyst for residential and commercial growth in the area.

    Hamilton also enjoys a vibrant arts community and active cultural life. Historic areas such as Ottawa Street, Concession Street and James

    Street North have seen a resurgence in recent years. Communities such as Waterdown, Dundas,Ancaster, Stoney Creek and Westdale have retained their unique identities and draw residents attracted to the distinct ambience they offer.

    With so much going on economically and culturally, Hamilton offers a stable real estate market, and home ownership itself has proved to be a wise investment. The area has communities of all sizes and which offer all kinds of housing types with prices that range from affordable to luxury.

    Donna Bacher, 2015 RAHB President

    About the cover

    The Cotton Factory now accepting tenants. Hamiltons Sea Port & Airport open for business. Downtown Dundas, check out Hamiltons BIAs.

    Produced by

    P e r s p e c t i v e TM 1464 Cornwall Rd, Suite 5, Oakville, ON L6J 7W5 1-866-779-7712 [email protected] www.creblurb.ca

    Publisher, ceo Steve Montague

    vice-PresideNt Ed Martin

    Writer Ben Benedict

    CRE Blurb was produced independently of the City of Hamilton. Contents are copyrighted and may not be reproduced without the written consent of Perspective Marketing Inc. The publisher is not liable for any views expressed in the articles and opinions do not necessarily reflect those of the publisher or the City of Hamilton.

    http:www.creblurb.camailto:[email protected]

  • MOVE YOUR BUSINESS OUTSIDE THE BOX!

    The Cotton Factory at 270 Sherman Avenue North is a creative industries hub of studio & office spaces for imaginative professionals!

    For Lease at $11 p.s.f

    CREATE AN OFFICE THAT IS ONLY LIMITED BY YOUR IMAGINATION!

    Unique aesthetic and historic charm Offices and studios from 500 to 10,000 sq. ft in 6 buildings Brick walls, 15 foot ceilings, restored hardwood floors and

    massive windows

    RESTAURANTEUR! ENTREPRENEUR!

    The Vintage Tea Room at 35 Pine Street at the corner of Locke Street South is the place for you!

    For Sale at $849,900 Corner site Hi-traffic location 30 seat main floor restaurant Two floor apartment on second and third floors

    Elizabeth Parker, Sales Representative

    Commercial & Residential 905-522-3300 |[email protected] | www.judymarsales.com

    Your Real Estate Choice! Residential and Commercial Here for you!

  • 5 creblurb.com

    the cottoN FActory: Hamiltons Industrial Past renewed as Hamiltons Creative Future. Its been just over a year since Rob Zeidler bought the Cotton Factory on three acres at 270 Sherman Ave. N. For the past year, the building has been undergoing a 21stcentury makeover geared to creative industry tenants and special event space, with a new co-working space for short and longer-term lease.

    The key element is that we are not merely building new studios and leasing out space. We are building a creative community here at the Cotton Factory.We are working hard to attract a wide variety of tenants: artists, photographers, post-production, craftspeople, graphic designers, film studios, design engineers and marketing firms, says Zeidler. We are building out our studios and offices to promote a cross-pollination between our tenants and we are already seeing the results. Two of our tenants, a custom wood worker and a sign painter, are working together to create bespoke residential front doors with unique glass designs.

    The Cotton Factory has spaces from 500 to 10,000 square feet.While our existing built-out units are 100 percent leased, we are creating new suites in the complex on an almost monthly basis.With stunning views of Hamiltons skyline and the escarpment behind it, 15 foot ceilings and hardwood floors, the Cotton Factory is a truly unique workspace says Zeidler.

    When our co-working space - the Cotton Club - opens in October, we will expand the Cotton Factory community to include start-up entrepreneurs, not-for-profits, and social innovators says Zeidler.The Cotton Club co-working space will offer shared desks, rental offices, a classroom, a kitchenette and rental mailboxes.

    Zeidler hired Annette Paiement, formerly with the Hamilton Art Gallery and Harbourfront Centre in Toronto, as director of

    filming and events. Up to 10 per cent of the Cotton Factory is available for special events including weddings, fundraisers, film and video shoots and celebrity chef dinners. She hopes it will become a hub for the tenants and the wider community.

    The goal is to create spaces in the building that create collision between tenants and hence the opportunity to create community, says Paiement. In November, the Cotton Factory will host the first event, Factory Frost that will be entirely tenant-driven.

    Rob Zeidler, 54, has had a long career in property management in Toronto, including running Queens Quay Terminal and the Hudsons Bay Centre.Twenty years ago, his sister, Margie Zeidler, went to work at 401 Richmond in Toronto, a turn-of-thecentury tin factory thats now home to 130 microenterprises and artists of every stripe.

    Zeidler says that he purchased the Cotton Factory because Hamilton is a city that hustles.As an example, when he wanted to add bicycle racks to promote cycling to work, Zeidler called the City. In a week there was a site visit and 4 days later, the racks had been installed. Hes watched Glen Norton, the citys manager of urban renewal, successfully lure Toronto businesses to Hamilton.That pitching must not let up, Zeidler says.

    For more information on The Cotton Factorys artist studios, office, event, or workshops space for rent contact [email protected] or call 905.547.8256.

    mailto:[email protected]:Factory.We

  • Robert Thomson Building 110 King street West, reAl. urbAN. oFFice sPAce.

    vAcANt sPAce

    Plaza Suite 608 9,144 SF Great space located in the very

    center of the complex. Manyhamilton, ontario reusable improvements

    landlord : Second Real Properties Limited Suite 410 9,047 SF Great open, column free office space; existing server room with raised floor operating costs/taxes: $14.60

    Suite 700 4,833 SF New base building shellFloor Plate size: 20,500 SF

    Parking Allotment: Underground parking for up to 1,300 vehicles

    120 King Street West vAcANt sPAce Suite 1010 8,770 SF Great elevator exposure, beautiful 120 King street West, Suite 240 2,072 SF New base building shell

    views of the Hamilton escarpmenthamilton, ontario Suite 630 2,228 SF New base building shell Suite 1065 1,693 SF Beautiful views of the Hamilton landlord : Fourth Real Properties Limited Suite 720 398 SF Small suite with 1 closed office and a Harbour, nice office layout

    waiting room. Suite 1090 3,043 SF Great elevator exposure, beautiful

    Suite 730 1,384 SF Great views of west Hamilton. Nice views of the Hamilton escarpment, new Floor Plate size: 38,400 40,400 SF office layout base building shell

    operating costs/taxes: $14.60

    Parking Allotment: Underground parking Suite 750 23,606 SF Fully built out office space Suite 1120 32,541 SF Fully built out, column free office space divisible to approximately 15,000SF for up to 1,300 vehicles Suite 770 1,013 SF Nicely finished office space with

    boardroom on the atrium, kitchenette

    100 King Street West vAcANt sPAce 100 King street West, Suite 200 16,431 SF Open floor, new base building condition Suite 1410 5,526 SF New base building shell, can be Suite 2100 16,990 SF Open floor, new base building condition,

    combined with 1440 connected to 22nd and 23rd floors viaSuite 300 16,402 SF Open floor, new base building condition hamilton, ontario an interior staircaseSuite 1440 4,118 SF New base building shell, can be Suite 410 6,090 SF New base building shelllandlord : First Real Properties Limited combined with 1410 Suite 2200 16,986 SF Open floor, new base building condition, Suite 510 3,278 SF New base building shell connected to 21st and 23rd floors via an

    operating costs/taxes: $14.60 Suite 1600 16,249 SF Open floor, new base building condition interior staircaseSuite 600 10,953 SF Fully built out office space Suite 1700 16,992 SF Open floor, new base building condition Floor Plate size: 16,400 17,000 SF, column-free Suite 2300 16,979 SF Open floor, new base building condition, Suite 670 3,811 SF Great elevator visibility, training room, Suite 1800 16,988 SF Open floor, new base building condition connected to 21st and 22nd floors viaParking Allotment: Underground parking for kitchenette, board room, photocopy / an interior staircasefiling room, large open area Suite 1900 16,986 SF Open floor, new base building condition up to 1,300 vehicles

    Suite 2400 16,980 SF Open floor, new base building condition, Suite 850 4,068 SF New base building shell Suite 2000 16,993 SF Open floor, new base building condition unsurpassed panoramic views of Hamilton

    real Properties 905-522-3501 leasing inquires please email Jocelyne Mainville [email protected]

    Class A office space in downtown hamilton

    mailto:[email protected]

  • 7 creblurb.com

    NeW emPloymeNtlANds oPeN uP iN hAmiltoN 1700 acres of Airport District Land Now Available

    The City of Hamilton is home to nine business parks/districts which offer a wide variety of buildings for sale or lease and vacant parcels of land for future development opportunities.The newest is located in the southern portion of the City of Hamilton and include the lands surrounding the John C. Munro Hamilton International Airport, now referred to as the Airport Employment Growth District or AEGD.

    The main message to the public is after 11 years, the AEGD is now finished, said Councillor Lloyd Ferguson of Ward 12 in Ancaster, adding that these developments will eventually means a lot of new jobs and a lot of new tax revenue.

    The AEGD is close to 1700 acres all together and includes both the Airport Business Park and the Airport Employment Growth District. Zoning is in place as are Servicing Master Plans and funding. Guy Paparella, Director Growth Planning is leading the processes.

    As to where it currently stands,in February the Ontario Municipal Board approved the final configuration for the Airport Employment Growth District and weve hired a company to develop an Implementation Strategy including a listing of all the capital projects to be funded and constructed over the next five years, Paparella says.In the meantime weve had

    land use settlement

    Proposal Areas (Net Ha)

    settlement Proposal land

    Allocation (Net Ha)

    desired land Allocation1

    (%)

    Airside Industrial 70.1 13% 10% Airport Related Business 16.0 3% 7% Airport Light Industrial 150.2 27% 30% Airport Prestige Business 315.0 57% 53%

    totAl: 551.4 100% 100% 1 Source: Watson (2013) in January 2014 Refinement Report, p. 12

    a lot of movement in the area with sales of land to companies looking to locate here. Our main issue is to ensure servicing is available.To date weve had two commercial subdivision proposals.

    The AEGD surrounds the John C. Munro Hamilton International Airport with land along Highway 6 and the Glancaster Road area, as well as along Dickenson Road West which will be the main trunk so theres a lot of interest, says Paparella.

    Because of the provincial growth figures (projecting another 50,000 jobs by 2041), we may need to expand to the other side of Highway 6 out to Fiddlers Green, right up to the Green Belt boundary because its the only space left for the City.

    The City of Hamilton is also currently updating information on all business parks and that should be completed by the end of 2015.

    Its a 40-50 year plan so its not going to happen overnight because other than the Bayfront area, this will be our main employment growth area moving forward along with the Red Hill Business Park which is filling up, says Paparella.We have to start targeting who we want to see in the area. Weve got to make sure we move efficiently and effectively to create jobs and start creating more municipal assessment for the area.

    REIN (Real Estate Investment Network) of Canada has repeatedly ranked Hamilton as the top location in which to invest in Ontario.

    the Airport business Park is located in the southern portion of the city of hamilton, above the escarpment. the lands have a gross site area of approximately 735 acres primarily located on the west side of highway No. 6, east of the hamilton international Airport. in addition, the city of hamilton has established a special policy area within the Official Plan to study further for the creation an employment area known as the Airport employment Growth district over the next several years. the study is intended to provide for the development of employment lands surrounding the hamilton international Airport and along highway 6 critical to meet the needs of the citys growing population.

    Known formerly as a hard-working steel town, the City has quickly shed this image in the eyes of potential investors as indicated by the record breaking building permit values Hamilton has experienced in recent years, says REIN founding partner Don Campbell.

    We need to do this if we want to continue being one of the best places to invest and create jobs - instead of relying on thousands of residents commuting to Toronto, says Hamilton City Councillor Sam Merulla.

    For more information on the AEGD and investment opportunities contact Guy Paparella by phone (905) 546-2424 extension 5807, email [email protected], or visit www.investinhamilton.ca.

    http:www.investinhamilton.camailto:[email protected]:available.To

  • 8 creblurb.com

    NeW $12 millioN cArGo ceNtre oPeNs At hAmiltoN iNterNAtioNAl AirPort Real Estate options include business parks, commercial land, office towers and manufacturing space

    Theres a lot happening in Hamilton. The Real Estate Investment Network of Canada (REIN) has ranked Hamilton as the top location in which to invest in Ontario for a third straight year. And the city has received two Brownie Awards from the Canadian Urban Institute for brownfield redevelopment achievements,

    including a project at the CANMET Materials Technology Laboratory.

    A large part of this recognition comes from the successful and ongoing development of Hamiltons nine business parks/districts which offer a wide variety of buildings for sale or lease and vacant parcels of land for future development opportunities.While all offer these options, employment and economic growth will centre on three based on land availability, employment growth, and city infrastructure investments.

    First is the Airport Business Park and the recent creation of the Airport Employment Growth District (AEGD) with approximately close to 790 gross acres along the New

    Highway 6 as well as Dickenson Road West to meet the needs of the Citys growing population. John C. Munro Hamilton International Airport, located in the heart of the AEGD, and is the largest express air cargo airport in Canada. In 2013, over 75,000 tonnes of cargo was moved through the Airport by airline partners including Cargojet, Purolator, Canada Post, UPS, and DHL.

    On July 30, 2015 Cargojet celebrated the new $12 million Cargo Centre with a Grand Opening at the Airport. Cargojet will be anchor tenant of the 77,000 square foot facility, occupying approximately half of the space.

    This facility will allow us to maintain Hamilton International Airports dominant

    presence in the overnight express cargo segment in Canada, and create new opportunities to diversify the types of goods that can be processed through the Airport, said Frank Scremin, President and CEO of John C. Munro Hamilton International Airport.

    The Red Hill Business Park (formerly Hamilton Mountain Business Park and the North Glanbrook Industrial Business Park) has a total of 710 gross acres of employment land and is strategically located at the junction of the Lincoln Alexander Parkway and the Red Hill Valley Parkway. continued on next page

  • 9 creblurb.com

    continued from previous page The business parks location is five minutes

    from the Queen Elizabeth Way, 7 minutes from Highway 403 in Ancaster, minutes from all four major modes of transportation (road, rail, air, port), and a prime industrial location between Toronto and the Eastern United States.

    On July 17, 2015 Fibracast Inc., a division of Burlingtons Anaergia, broke ground on a 91,000-square-foot facility in the Red Hill Business Park.The $30-million high-tech water facility is expected to bring 100 jobs to Hamilton.Anaergia founder and CEO Andrew Benedek said the company looked for a place to expand all over southern Ontario, but chose Hamilton for its skilled labour force, its proximity to markets, and city staff who worked hard to secure a deal.

    We are very pleased that after developing our unique membranes in the Hamilton area, our new technologically advanced membrane production facility will also be here, John Tomescu, chief executive officer of Fibracast.Fibracast is the only company manufacturing immersed water treatment membranes in North America, and with this new facility Fibracast will become a top-tier global supplier.The Hamilton area has world-class water engineering, manufacturing expertise and supply-chain support to successfully compete with any membrane-manufacturing location in the world.

    McMaster Innovation Park functions as a centre of innovation for corporate, academic, and government research in science and technology.The Atrium@MIP is a hub of innovation within the park with an eclectic mix of over 50 tenants ranging from small business start-up accelerators to advanced research labs linked to the research strengths of McMaster University.The site features design, build and leaseback options on fully serviced sites with Brownfield redevelopment available.

    Germanys Fraunhofer- Gesellschaft, and Fraunhofer IZI chose Hamilton to create the Fraunhofer McMaster Project Centre for Bio-Engineering and Advanced Manufacturing (BEAM).The 80,000 square foot state-of-the-art research facility, slated

    to open at McMaster Innovation Park in 2016 and is anticipated to create up to 100 jobs and attract top scientists and industry researchers from around the world.The centre will conduct applied research in cell therapy research and development, diagnostics development, novel biomaterials and advanced manufacturing methods/ automation.

    Hamilton is recognized as a global leader in manufacturing research and development, and has gained international acclaim for its work in health and life sciences research, says McMaster president, Patrick Deane.The Fraunhofer partnership will complement the kinds of initiatives in which were already

    www.investinhamilton.ca/locate-expand

    engaged and allow us to move our research into the marketplace, creating health and economic benefits for generations to come.

    While located in a more established business park the East Hamilton Industrial Area is located in the north-east end of the City adjacent to the Red Hill Valley Parkway and QEW.The area is approximately 560 acres and is bounded by Nash Road in west, Grays Road in the East, Barton to the south and QEW to the north Gay Lea Foods Co-operative Limited acquisition of Salerno

    Dairy on February 1, 2014, bringing together a farmer-owned co-operative and a family-owned business and securing its longevity in Hamilton.

    This acquisition holds great promise for the years ahead, says Andrew MacGillivray, president and CEO of Gay Lea Foods.

    For more information on how your organization can join this list of success stories contact the Hamilton Economic Development Office at www.investinhamilton.ca/locate-expand.

    www.investinhamilton.ca/locate-expand

  • 10 creblurb.com

    hAmiltoN A PlAce you cANWrAPyour Arms ArouNd Urban beauty, wonderful architecture, tree-lined streets, very friendly people and lower costs for real estate

    Global debt and economic uncertainty dominate contemporary discussions yet in Hamilton, much of that uncertainty has been mitigated by the overall sense of Hamiltons positive character, years of efforts to renew and revitalize broadly, and in doing so improve the quality of life for all residents. Its also what has been attracting investors and new residents to Hamilton.

    Ralph Benmergui, is an award winning broadcaster and journalist, husband and the father of four boys, and currently works as the Executive Director of Strategic Initiatives and Partnerships at Sheridan College while training to become a Spiritual Director. Its this quality of life that first attracted him to Hamilton but what he wasnt expecting was the deep sense of community shared by his neighbours.

    My job is now with Sheridan in Oakville and the commute is less than half from Toronto. Its more than that though. I was born and lived most of my life in Toronto but I was finding it harder to live there and it was making me feel like I had a smaller life than I wanted for my family. It felt like we were sitting on a piece of equity rather than a home, says Benmergui.When I bought the house in Hamilton the seller invited me over to their new home and we spent an hour talking about the house and

    neighbourhood. It was nice to have that initiation because its been lost in Toronto.

    Once settled,a neighbour came over with a card, contact numbers, and a gift card to the local food co-op, another neighbour invited our family to visit their pool.

    So what sets Hamilton apart? Physically defined by unique geographical features like the Niagara Escarpment and Hamilton Harbour, the municipality is industrious and culturally diverse with a wide range of museums, libraries, entertainment venues, recreational facilities, parks and conservations areas. Hamilton is a city of many communities, built on community spirit.

    Hamilton is a city of innovators, from its historic steel and textile producers to its current prominence in the health, technology, and engineering sectors where its post-secondary institutions are leaders in the innovation field. Hamilton is home to McMaster University, one of Canadas leading research institutions for health sciences and engineering, hosting McMaster Innovation Park (MIP), the Xerox Centre for Engineering Entrepreneurship and Innovation (XCEEi), and the Don Pether Incubation Centre amongst others. Hamilton is also one of Ontarios most concentrated centres for healthcare research.

    For over 100 years Hamilton has had a vibrant and dynamic creative industries

    cluster that is in the midst of yet another boom period. Hamilton offers an excellent quality of life, affordable living options, and easy access to major markets within a 100 km radius including Toronto and the northern U.S.A., as well as a well-developed and growing local scene.

    An example of this creativity is the Hamilton Bike Share system or SoBi Hamilton, after the nonprofit local operator.With 110 hub locations across Hamilton provided by New York based Social Bicycles the system has 750 bicycles available 24 hours a day.The program is funded through membership fees, sponsorship, and in-kind services provided by community partners.

    Hamiltons 13 Business Improvement Areas help to improve, beautify, and maintain public lands and buildings within the BIA, and promote the area as a business and shopping area.They also create benefits such as improved atmosphere and ambiance as well as promotional activities while contributing to the unique lifestyle and communities within Greater Hamilton.

    I love the idea of a mid-sized city. Theres a humanity because you can afford to be nice, says Benmergui. In terms of where we came from, I wanted livability, affordability, and civility and Hamilton offers that. Hamilton is a place that you can still wrap your arms around.

    For more information on Hamiltons Quality of Life, Creative and Cultural Industries visit www.investinhamilton.ca.

    http:www.investinhamilton.ca

  • Accelerating success.

    Colliers International delivers real estate services globally to help our clients accelerate their success. Through our comprehensive portfolio of real estate services, our professionals offer fully integrated, knowledge driven solutions for all of your commercial real estate needs. Colliers is also extremely hands on in each individual market and prides itself on having strong local market knowledge.

  • ACTIVE

    HAMILTON 2015Office

    35 KING STREET EAST58,000 SF$25.50 / SF GROSS

    FOR LEASE

    FOR LEASE FOR LEASE

    Industrial

    20 MYLER STREET100,000 SF $4.50 / SF NET

    FOR LEASE

    Industrial

    54 BURLAND CRESCENT26,600 SF$4.25 / SF NET

    FOR LEASE

    FOR LEASEFOR SALE FOR SALE

    Office

    1171 UPPER JAMES STREET45,000 SF$12.95 / SF NET

    Office/Industrial

    1266 SOUTH SERVICE ROAD 60,000 SF$12.95 / SF NET

    Industrial

    SOUTH SERVICE ROAD STONEY CREEK300,000 SF, $5.95 / SF NET

    Industrial

    417 WINONA ROAD17,000 SF$1,950,000

    Land

    LANDS AT RYMAL & NEBO RD 13 ACRES$505,000 / ACRE

    Land

    NEBO TRAIL38 ACRES$195,000 / ACRE

    FOR SALE

    FOR LEASE

    Retail

    252 CATHARINE STREET17,000 SF$8.50 / SF NET

    Redevelopment

    186 HUNTER STREET7,400 SF$1,350,000

    FOR SALE

    SYDNEY HAMBER**, SIOR Senior Vice President +1 289 266 1020 [email protected]

    PAUL MARIUTTI* Vice President +1 289 266 1001 [email protected]

    JOHN MACNAMARA* Senior Sales Representative+1 289 266 1007 [email protected]

    1122 INTERNATIONAL BOULEVARD Suite 102 Burlington, ON L7L 6Z8 www.collierscanada.com

    This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2015. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

    * Sales Representative ** Broker

    Industrial

    10 HILLYARD STREET50,000 SF $3.75 / SF NET

    FOR LEASE

  • SOLD / LEASED

    HAMILTON 2015Office

    21 JOHN STREET28,000 SFMARCH 2015

    SOLD

    SYDNEY HAMBER**, SIOR Senior Vice President +1 289 266 1020 [email protected]

    PAUL MARIUTTI* Vice President +1 289 266 1001 [email protected]

    JOHN MACNAMARA* Senior Sales Representative+1 289 266 1007 [email protected]

    1122 INTERNATIONAL BOULEVARD Suite 102 Burlington, ON L7L 6Z8 www.collierscanada.com

    This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2015. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

    * Sales Representative ** Broker

    Industrial

    10 HILLYARD STREET124,000 SFAUGUST 2015

    SOLD

    Industrial

    18 BROCKLEY DRIVE13,000 SFJUNE 2015

    SOLD

    Industrial

    32 KEEFER COURT21,000 SFOCTOBER 2015

    SOLD

    Industrial

    54 BURLAND CRESCENT26,000 SFMAY 2015

    SOLD

    Industrial

    132 BANCROFT STREET3,800 SFOCTOBER 2015

    LEASED

    Industrial

    391 VICTORIA STREET330,000 SFOCTOBER 2015

    SOLD

    Retail

    2444 BARTON STREET20,000 SFAUGUST 2015

    SOLD

    Land

    0 ARVIN AVENUE4 ACRESNOVEMBER 2015

    SOLD

    Land

    19 HIGHLAND ROAD2 ACRESJUNE 2015

    SOLD

    Land

    404 MCNEILLY ROAD13 ACRESNOVEMBER 2015

    SOLD

    Land

    1899 UPPER JAMES STREET4 ACRESSEPTEMBER 2015

    SOLD

  • VALUE IN KNOWING YOUR MARKET Hamilton has always been a priority for the team at Colliers. Sydney Hamber, Paul Mariutti and John

    MacNamara have specialized exclusively in the Hamilton market for a combined 65 years. With a strong core of individuals focused on the area, it is no surprise that the team has built up the data to support their presence in the market place.

    Colliers was the first of the large commercial brokerage offices to track the industrial vacancy rate within the city. It was a large undertaking to create the foundation in which the team members worked directly with the City of Hamilton. In addition to having the experience in the local market and the numbers to back it up, Colliers also provides a wide range of support tools to facilitate any aspect of a real estate transaction.

    SERVICES INCLUDE

    > Brokerage and Agency for both Landlord Representation and Through these value added services, Colliers has won the support of several key players within the city. Tenant Representation Some of our core clients include: > Project Management

    > Taxation > American Iron and Metal > Losani Homes > Valuation and Advisory Services > Arcelor Mittal Dofasco > Rims Transport > Property Management > CN Rail > Samuel, Son & Co., Limited > Corporate Solutions > Empire Steel > US Steel > Investment Services > L3 Wescam > Lease Audits

    COLLIERS INTERNATIONAL 1122 International Boulevard Suite 102 Burlington, ON L7L 6Z8

    * Sales Representative ** Broker

    This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of anySYDNEY HAMBER**, SIOR PAUL MARIUTTI* JOHN MACNAMARA* kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to Senior Vice President Vice President Senior Sales Representative the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and +1 289 266 1020 +1 289 266 1001 +1 289 266 1007 damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2015. All rights reserved. This communication is not intended to cause [email protected] [email protected] [email protected] induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

    mailto:[email protected]:[email protected]:[email protected]

  • 15 creblurb.com

    NeW hArbour lANds sooN to be best iNvestmeNt comiNG to mArKet Deloitte strategy shows mixed-use residential and commercial development with varied 4-Storey and 8-Storey height limits

    Agood plan takes time to develop, but the key to its success is always in its execution. Hamiltons City Council took a great leap forward this past spring when they approved the West Harbour Waterfront Re-Development Plan. In a wide-ranging status update on this transformational project, Council heard about key projects completed to date, and that interest from the development industry and financial investment market has been very strong. Many large-scale developers from Hamilton,Toronto, and the broader GTHA have shown tremendous interest.

    We expect to take the lands to market in 2016, says Chris Phillips, Coordinator of the Citys Waterfront Re-Development plans,The investment industry is eager for the opportunity to invest in this area and are seeking certainty with respect to the Citys land-use designations, zoning, and most importantly timing.

    As to where the plan currently stands, Council approved $21 Million toward the West Harbour Waterfront Re-Development Plan over the past 2-years, and has committed an additional $45 Million in the years 2016-2017 to bring the Citys vision for the West Harbour to fruition.

    The focus for 2015 and 2016 is in the area of the West Harbour main basin and the lands adjacent to it. Enhancements will include the replacement of marina docks, reconstruction

    of pier walls along Discovery Drive, and the construction of new docks to provide space for visiting boaters. Major servicing projects including a sanitary pumping station, watermains, sewers, and roads for the proposed Pier 8 development will start in 2016 with the remaining servicing of Pier 7 and 8 in 2017 and 2018.

    The City is also embarking on an extensive West Harbour Real Estate and Land Disposition Strategy where City Staff are working with members from the Deloitte Real Estate team. Completed in two stages, the strategy will first focus on a strategic asset and opportunity assessment to determine the highest and best use of the lands, which have been slated for a mixed-use residential and commercial development with varied 4-Storey and 8-Storey height limits.The second phase involves an assessment of market value and feasibility, and the recommendation of a viable disposition strategy.This work is currently underway with recommendations expected by Fall 2015.

    Then theres the creation of an investment framework partnership. Developed by the City of Hamilton with the Hamilton Community Foundation and their partners (Evergreen CityWorks and Planning Alliance) the City expects to create a three-dimensional model of the West Harbour and is preparing a comprehensive shovel-ready investment document, that will position the West Harbour as an opportunity for various investment communities, including current landowners, small builders, and land developers.This marketing and communication tool will be tailored to various investor segments, and will contain information that is relevant to making credible business cases for re-development within the area.

    The City has also been promoting these unique urban waterfront lands to foreign investors; first at MIPIM, a renowned global real estate conference that takes place each March in France, as well as at a series of investment tours and conferences that took place in Hamilton in conjunction with the Toronto 2015 Pan-Am Games.

    There remains three major planning exercises that require approval through a public process to make it development-ready: the lands require an Urban Design Study to be completed (currently underway and expected to be complete by Fall 2015), a new Zoning By-law to be approved, and the development blocks and roads need to be defined in a Draft Plan of Subdivision, with Council approval targeted for spring 2016.

    For more information on investing in Hamiltons waterfront developments, please contact Chris Phillips at chris.phillips@ hamilton.ca, via phone at 905-546-2424 ext. 5304 or visit www.investinhamilton.ca/ waterfront

    http:www.investinhamilton.cahttp:hamilton.ca

  • FOR MORE INFORMATION, PLEASE CONTACT:

    JOE MERRETT*Associate Vice President905 315 [email protected]

    KIMBERLEY PIPER*Senior Sales Associate905 315 [email protected]

    *Sales Representative

    DOWNTOWN HAMILTON PROPERTY FOR SALE

    $1,790,000

    8,925 SQ. FT. PLUS USEABLE BASEMENT

    D3 ZONE PERMITS RESIDENTIAL, OFFICE

    AND RETAIL

    HARDWOOD FLOORS

    EXPOSED BRICK AND STONE WALLS

    ROOFTOP PATIO

    GREAT VISIBILITY

    ON THE SAME BLOCK AS THE NEW

    ROYAL CONNAUGHT CONDOS

    5.34 acres$1,395,000 Commercial/retirement home fronting on Main St. 2 street frontages Municipal sewer and water capacity available

    COMMERCIAL LAND FOR SALE HAGERSVILLE RESIDENTIAL

    86,106 sq. ft. on 8.04 acres $2,950,000 Tenant with strong covenant Just under 5 years left on the term

    GREAT INVESTMENT PROPERTY

    38,152 sq. ft.$997,500 5.65 acres Located in Simcoe Includes 5,226 sq. ft. office

    CLEAN FACILITY WITH LARGE YARD

    75% LEASED! $5.50 per sq. ft. 7,800 sq. ft. 4 12 x 14 overhead doors, 4 8 x 9 truck level

    NEW CONSTRUCTION 21 CLEAR HEIGHT

    Approximately 1 acre$2,999,000 Student residence with an upside Redevelopment or intensification potential Close to McMaster University

    CONDITIONALLY SOLD

    WEST HAMILTON REDEVELOPMENT SITE

    111.2 acres Proposed Lakewood Estates development plan(includes

    380 single family lots, 300 multi-level residential units and 28 townhomes)

    Municipal sewers and water available with capacity

  • FOR MORE INFORMATION, PLEASE CONTACT:

    JOE MERRETT*Associate Vice President905 315 [email protected]*Sales Representative

    KIMBERLEY PIPER*Senior Sales Associate905 315 [email protected]

    Units available in multiples of 11,000 sq. ft.as low as $4.95 per sq. ft.

    26 clear height Easy highway 403 access

    UP TO 110,850 SQ. FT. FOR SALE OR LEASE

    As low as $3.95 psf Immediate Highway 403 access Upgraded T5 lighting 20 to 36 clear height, 5-25 ton cranes

    48,000-136,460 SQ. FT.

    35,580 sq. ft. $4.75 net Easy access to QEW 24 clear height Office built to suit

    NEWER INDUSTRIAL SPACE FOR LEASE

    1,324 sq. ft.$12.00 net Located in quaint downtown Waterdown Basement space also available at a reduced rate Building also available for sale

    NEW WATERDOWN OFFICE FOR LEASE

    25,818 sq. ft. office$10.00 gross per sq. ft. Excellent call centre space Fully wired Ample lunch room space

    LOW COST OFFICE SPACE

    13,000 sq. ft.$16.00 gross Lots of parking QEW signage potential Sublease until August 2019

    ECONOMICAL OFFICE SPACE FOR SUBLEASE

    1,238 sq. ft.$10.00 Net Perimeter offices and open area Abundant free parking SUBLEASE; Landlord will do longer term

    CENTENNIAL PARKWAY & QEW LOCATION

    2,918 sq. ft.$16.00 gross Former x-ray/ultrasound space Building signage possibilities On bus route

    OFFICE SPACE ACROSS FROM JURAVINSKI HOSPITAL

    BUILDING 5B

    BUILDING 6

  • For more information and inquiries please contact:Mark Stewart175 Longwood Road South, Suite 105Hamilton, ON, L8P 0A1T 905-906-8505 [email protected]

    www.mcmasterinnovationpark.ca

    BUFFALO NY

    TORONTO

    MISSISSAUGAWATERLOO

    HAMILTON

    Why McMaster Innovation Park? True work, life balance with access to conservation and recreational lands, waterfalls, trails for cyclists, hikers, and boaters

    Hamilton has been named one of the top five North American locations for investment for 5 years running (Site Selection Magazine)

    Access to world class skilled and educated work force from local universities and colleges Multi-modal transport Hub with large highways, airports, and seaports within the city limits Award winning design with new, sustainable buildings and operations

    The Atrium

    The ETC Centre

    CMAT Building

    BEAM Building

    The MARC Centre2 3

    5

    1

    4

    Co-Locate, Connect, Commercialize

  • 19 creblurb.com

    visioNs Are reAlized ANd ideAs trANsFormed McMaster Innovation Park, Hamilton, Ontario

    McMaster Innovation Park (MIP) is a world-class research and innovation park designed to foster business success. Its the place where local and international companies visions are realized and ideas are transformed into commercial opportunities through collaboration with some of the worlds top researchers at McMaster University and the business community in Hamilton.

    McMaster Innovation Park is McMasters vehicle for innovation, technology transfer, knowledge transfer and the commercialization of research results, says Zach Douglas, President and CEO of McMaster Innovation Park.

    MIP has recently launched the MIP Soft Landing Program assisting new companies to Canada with professional business mentoring and connecting new, international firms with the Canadian and Hamilton markets through providing business resources with MIPs partners including the City of Hamilton, and local entrepreneurship organizations. MIP and its partners help to grow your customer base and are committed to helping businesses grow their impact in the Canadian market by providing space as an international landing pad for business and research expansion.

    MIPs Soft Landing Program helps transition established international companies looking to locate in our Region. says Ryan Stegmaier, Marketing Coordinator at McMaster Innovation Park.The Soft Landing Program works closely with the City of Hamiltons Economic Development team, the regional innovation centre, the Chamber of Commerce and other local organizations to help international firms tap into existing networks to find their first partners, customers and suppliers in the Hamilton Region and Canada.

    In particular, to meet the increased demand for high quality lab space, MIP has constructed a new Bio Tech Centre located on its top floor.Already tenants; ReaHeR Medical Equipment Inc. is a Chinese company that landed at MIP to expand

    North American operations.They are a hi-tech enterprise engaged in the development and sale of rehabilitation, physiotherapy and wound therapy equipment and a tenant for the past three years, Apollonia Health Inc., a start-up company that researches and develops innovative oral hygiene products that can safely and selectively eliminate cavity-causing bacteria, saw significant growth this year.Apollonia received its first round of funding in 2014 and was able to expand from cubicle space to a new 700 square foot Bio Tech office/lab in the Bio Tech Centre.

    MIPs location in Hamilton offers access to intermodal transportation, major highways, a highly skilled workforce, access to downtown, conference facilities, and an on site fitness facility. MIP boasts LEED platinum infrastructure, a regional art program, free Wi-Fi and a true live, work, play environment.

    MIP and its tenants have received numerous awards since its inception including an Award of Excellence for adaptive reuse, LEED Platinum for the CANMET laboratory, Corenet Globals Remmy award for recognizing excellence, innovation, and best practices in corporate real estate and workplace management. Canmet Materials, a tenant, was listed as one of the Top 10 Committee on the Environment Projects for 2015 by the American Institute of Architects.

    McMaster Innovation Park houses laboratories, offices, teaching resources, and training and conference facilities, supporting research and commercialization efforts in these key industrial areas:Advanced Manufacturing & Materials; Nano-Technology; Bio-Technology; and, Life & Health Sciences. MIP features over 50 acres of ready to build land, 450,000 of square feet in office and lab space and over 50 tenants; connecting like-minded entrepreneurs has never been easier.

    Custom laboratories are available to meet your companys needs.To learn more about how your company can succeed or apply to the MIP Soft Landing program at the McMaster Innovation Park, visit www.mcmasterinnovationpark.com.

    mcmaster innovation Park has a vision to be an internationally recognized focal point for, innovation, creativity, learning and research excellence aligned with the research strengths of mcmaster university. Within this vision is the aim to house ten buildings with 1,500-1,800 employees within the next 10 years.

    http:www.mcmasterinnovationpark.comhttp:needs.To

  • 20 creblurb.com

    Need just iNtime delivery. thiNK hAmiltoN. Hamiltons network of highways, international rail lines and the Air & Sea Port make it a logistical hub for Canada and the USA

    Hamilton has been noted for is exceptional growth as new industries clamor to fill its industrial parks. Located in the middle of Canadas most populated province and within a one days drive of 170 million people from across Canada and the United States, Hamilton stands alone in southern Ontario as the only city that can offer all four modes of transportation, rail, road, air, and port, with lower costs and efficient, uncongested global connections to serve external markets. Strategic partnerships with business and strong linkages to education, complemented by investments in technology and infrastructure to move goods and people efficiently, prove that Hamilton is taking a collaborative and intelligent approach to building a sustainable economy.

    Hamiltons location at the western end of Ontarios Golden Horseshoe is a value added proposition as to why to invest it provides your business easy access to a network of highways, international rail lines, and the Port of Hamilton. Local air connections to international destinations are close by with the John C. Munro Hamilton International Airport, Lester B. Pearson International Airport in Toronto and Buffalo Niagara International Airport just across the border in New York State, says Jennifer Patterson, Sr. Business Development Consultant with the City of Hamilton.

    Were thrilled with the new cargo center and look forward to the opportunities it will help facilitate at John C. Munro Hamilton International Airport, said Frank Scremin, President and CEO of John C. Munro Hamilton International Airport.

    Canadas two national railways, CP and CN, provide complete rail freight services across North America for Hamiltons industries.

    There are also numerous educational research initiatives like the McMaster Institute for Transportation and Logistics (MITL mitl.mcmaster.ca), a non-profit organization of private and public sector investors created with a goal to improve the efficiency of transportation systems and the competitiveness of the logistics/ manufacturing sector.

    the Port of hamilton (www.hamiltonport.ca) is the largest and busiest port in all of the Great lakes, For more information on Hamiltons

    handling more than 10 million tonnes of cargo annually and seeing approximately 600 vessel calls logistics infrastructure visit

    per year. the port was built on a long tradition of moving bulk and breakbulk cargo. www.investinhamilton.ca/

    goodsmovement Recently, major infrastructure investments

    have been made in Hamilton goods Hamiltons John C. Munro International Airport (HIA www.flyhamilton.ca) is Canadas top multi-movement resulting in new business modal cargo and courier airport and ontarios only 24-hour inter-modal cargo hub. in total, 23 air opportunities and revenue growth.These cargo and courier companies operate out of hiA, including many of the largest in North America. in include: the new Red Hill Valley Parkway, addition to the air cargo companies, seven ground transportation firms are also established at HIA. purchase of employment lands with airside access, new Highway 6, terminal expansion at the John C. Munro Hamilton International Airport, the Hamilton Port Authority acquisition of Pier 22 formerly Stelco lands, and seaway lock upgrades.

    Hamilton has a complete highway and ring road system to move goods throughout the city quickly.The Queen Elizabeth Way provides ready access to Highway 401 - the Canadian link to the NAFTA super highway, and with the U. S. border only an hours drive away, Hamilton is within half a days drive of key major urban markets in the United States.

    http:www.flyhamilton.cahttp:www.investinhamilton.cahttp:www.hamiltonport.cahttp:mitl.mcmaster.ca

  • 21 creblurb.com

    buildiNG loNG-term WeAlth requires Asset AllocAtioN decisioNs thAt oFteN iNclude reAl estAte, ANd stocKs ANd boNds.

    An investment portfolios performance is largely influenced by asset allocation decisions. Having a good

    when they reach 60 to 70 years of age. Some adjusting of asset mix can be ideal to continue to own real estate, while diversifying into good quality stocks and bonds.

    if you have stocks and bonds, but wonder about commercial real estate

    You have a quality mix of stocks and bonds, but you want to consider additional medium

    chris coderre VP and Investment Advisor, Caldwell Securities Ltd. Oakville, ON

    asset mix is strategic, such as combining stocks, bonds and commercial real estate. In many situations, there are two types of investors: those that own all real estate and those that own only stocks and bonds. Both have a good foundation, but at some point, both could benefit by adding some of the other asset class to their portfolio mix.

    if you own real estate, but have kept away from investing in the markets

    You own land or buildings, and have made a lot of money with this strategy.At some point there are often reasons why selling some real estate makes sense. Several examples are estate and succession planning, cash for retirement, or starting a trust or endowment fund. Realizing profits on long-term real estate holdings will allow you to own more liquid investments for greater life flexibility.

    If this situation sounds familiar, Chris Coderre has used his 30 years of experience to help people shape an ideal asset mix for their current and future needs. Chris has daily meetings with clients reviewing options for retirement living and lifestyle planning, charity giving and trust funds.

    Coderre has dealt with people who are wealthy with their real estate holdings, but feel they do not have sufficient cash or liquidity to do other things in life, especially

    to long-term investment strategies, Chris Coderre and Caldwell Securities Ltd. will work with clients that want to add to their portfolio by investing in real estate.This can create an ideal mix of assets and reduce overall portfolio risk and volatility, while adding a great long-term asset class.The prospects for real estate in Southern Ontario remain very attractive. In some cases this means selling some stocks and bonds for downpayments, or using future free cash flow to create this diversification to include some real estate.

    buying and developing industrial and commercial real estate: cooper construction limited

    To help you better understand the process of purchasing and/or developing real estate, we enlisted the help of Bill Cooper from Cooper Construction.As the third generation to

    build under the Cooper name, Mr. Cooper advises and invests in land acquisition, as well as the design and construction of industrial, institutional, commercial buildings and business parks.

    Cooper Construction has worked with developers in the growth and planning of industrial and commercial lands throughout Southern Ontario,We have been extremely fortunate over the decades to design, develop and build for clients who own extremely successful commercial real estate holdings, states Cooper. Many of his clients have seen impressive returns on their real estate investments, both from leasing space as well as selling buildings in todays market.

    Coopers priority is to ensure constructing quality buildings that will have the greatest revenue generating potential while maintaining their market value for sale.

    Chris Coderre is Vice President & Investment Advisor, Portfolio Manager, Caldwell Securities Ltd. Oakville, ON 905.901.1892 or ccoderre@ caldwellsecurities.com.

    Bill Cooper is the CEO of Cooper Construction 905-829-0444 or [email protected]

    Caldwell Securities Ltd. is regulated by the Investment Industry Regulatory Organization of Canada and member of the Canadian Investor Protection Fund.

    Bay heights up to 9 storeys

    Overhead cranes up to 180-tons

    Direct highway access, rail transload

    45-ton cranes

    80,000 sq.ft manufacturing space

    6 acres outdoor storage

    High visibility from QEW

    Road, rail and marine accessibility

    MANUFACTURING SPACE

    FOR LEASE PORT OF HAMILTON 1632 Burlington St. offers manufacturing space within a 500,000 sq.ft complex on one of Hamiltons primary goods-movement corridors.

    Plant 19 is a LEED-certified building with handling, storage and manufacturing capabilities, including heavy-lift goods.

    www.hamiltonport.ca

    Real Estate Department: 289-244-9844

    http:www.hamiltonport.camailto:[email protected]:caldwellsecurities.comhttp:Construction.Ashttp:strategy.At

  • 22 creblurb.com

    quAlity oF liFe PlusAFFordAblehousiNG equAls emPloyee reteNtioN Huffington Post says:

    Hamiltons Collective Pursuits Are Creating Canadas Brooklyn

    Comparisons have been made between Hamilton and Toronto, Brooklyn and Manhattan, Milwaukee and Chicago all hip, thriving neighborhoods on the outskirts of much more famous, and expensive cities.

    The connection is reinforced in a recent Huffington Post article that credits Hamiltons recent renaissance to something unique beyond geography - to a genuine sincere will to work together.There is this common feeling that collectively, anything is possible The city is showing us that if you celebrate and create a collective atmosphere, everyone wins:

    local businesses, the culture and food mavens, communities, tourism and development.

    Citing Hamiltons stunning historical architecture - tourists who racked up 4.5 million visits and spend $359.5 million annually - the article notes that in 2014, Hamilton welcomed 57 conferences, 76 sporting events and a host of cultural activities like the Hamilton World Music Festival and Supercrawl as proof that Hamilton is creating a place where people want to come live and visit.

    The proof is in this level of recognition by organizations like the Huffington Post and The Real Estate Investment Network (REIN) who ranked Hamilton the second best place to invest in Canada in 2014, and previously Hamilton was ranked first, two years running. Hamilton surpassed the $1 Billion Building Permit Value for 2010, 2012, 2013, 2014 and will likely reach that figure in 2015; the Downtown Hamilton Office Vacancy Rate has declined from 19% to 14%, with new offices under construction and older buildings under extensive renovation; and employment in the downtown core steadily rising from 23,925 in 2011 to 24,700 in 2014.

    Anecdotally, new office users come to Hamilton for lower, affordable rates and available office spaces, however tenants are indicating that quality of life and the ability of their employees to purchase homes in the Hamilton area is resulting in better retention of their employees, says Glen Norton, Manager of Urban Renewal for the City.Hamilton is well known for its quality of life, efficient transportation, education and health-care systems, as well as diversified workforce, complimented by the new Foreign Direct Investment Strategy and Global Hamilton Office.

    While success in the core is critical, that core success is also being seen in the boroughs and Business Improvement Areas (BIAs) across Hamilton.The Urban Renewal Section of Hamiltons Economic Development Office

    promotes the revitalization and development of properties in its six Downtowns (Downtown Hamilton,Ancaster Village Core, Binbrook Community Core, Downtown Dundas, Downtown Stoney Creek, and Waterdown Village), its 13 Business Improvement Areas, and other commercial corridors throughout the City.

    Downtown is comprised of four Business Improvement Areas (BIA), they include International Village BIA, Downtown BIA, King West BIA and a portion of the Main West Esplanade BIA that have been quite successful with attracting new local businesses and, with the support of the municipality, are promoting economic development in their district.

    Hamilton can also attribute this steady downtown growth to the Citys efforts including a focus on programs and incentives to attract development and businesses to the Downtown a recent Official Plan and robust Downtown Secondary Plan that address urban design, intensification and infill policy, among others, in light of the new Urban Hamilton Official Plan 2013.

    To learn more about what Hamiltons distinctive communities and BIAs have to offer investors visit www.investinhamilton.ca/ downtown

    FOR LEASE Built with solid concrete construction

    75year old building

    contains storefronts

    on-site parking

    F O R L E A S E 203 Main St. E

    Hamilton

    905 - 5 2 1 - 9 1 7 1

    http:www.investinhamilton.ca

  • Harness the Training, Support and Brand Awareness of the

    World's Most Productive Real Estate Network

    RE/MAX Escarpment - serving Hamilton & Surrounding Areas for over 40 years Your resource for local Commercial, Investment lndustriaL and Land Development

    nc/AA~VESCARPMENT Kr"H !rl--- REALTY INC., BROKERAGE

    INDEPENDENTLY OWNED & OPERATED

    www .remaxescarpment.com

    Hamilton I 905.575.5478 Stoney Creek I 905.545.1188

    Stoney Creek Mountain I 905.573.1188 Dundurn I 905.525.2720

    Ancaster I 905.304.3303 Burlington North I 905.639. 7676 Burlington South I 905.632.2199

    Not intended to solicit persons or properties currently under contractual agreement.

  • THIS AD PREPARED BY: RYAN EDWARDSFILE NAME: HAMILTONREALESTATEREPORTV

    DOCKET: GT-15-061TTTVCLIENT: GRANT THORNTON

    TRIM SIZE: 11.25" X 8.75COLOURS: COLOUR

    Want to focus on growth?

    We can help.

    If youre in real estate or construction and are planning to develop your business in the Hamilton area, give us a call. At Grant

    Thornton LLP, we offer a wide range of services that can help with the unique challenges of owning and managing properties.

    Youve picked a great place to invest. And we can help you make that investment grow.

    Join us at our Business Leadership Insights Event, including a construction panelist discussion, at the Toronto Sheraton Airport

    Hotel on Thursday, October 15. For more details, please email [email protected] and reserve your spot today!

    Paul Gibel | Partner | T +1 905 577 4941 | E [email protected]

    Hamilton | 33 Main Street East | www.GrantThornton.ca/real_estate

    Audit Tax Advisory

    In Ontario. Across Canada. Grant Thornton LLP. A Canadian Member of Grant Thornton International Ltd

    www.GrantThornton.ca/real_estatemailto:[email protected]:[email protected]

    Structure BookmarksHamilton also enjoys a vibrant arts community and active cultural life. Historic areas such as Ottawa Street, Concession Street and James Suite 300 16,402 SF Open floor, new base building condition For more information on investing in Hamiltons waterfront developments, please contact Chris Phillips at chris.phillips@ , via phone at 905-546-2424 ext. 5304 or visit / waterfront Bay heights up to 9 storeys