CREblurb | Commercial Real-Estate in Ontario

Doing Business in Hamilton: The Ambitious City

Doing Business in Hamilton: The Ambitious City

Doing Business in Hamilton: The Ambitious City
March 03
19:36 2017

The greater Hamilton area has received a lot of interest lately as a place to live and invest. The area’s 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, and the growth of the high tech sector are just a few of the reasons our area is receiving so much attention.

The attention is well-deserved! The City’s Economic Development Department has, through targeted incentives such as brownfield programs, brought rejuvenation and redevelopment to otherwise stagnant parcels of land. Building permit values have continued to establish all time records in the last few years. Hamilton’s downtown is undergoing a major revitalization, 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.

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.

With so much going on economically and culturally, Hamilton is indeed a place in which to live and invest.

Kim Alvarez, 2016 RAHB President

Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,990 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the Association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The Association operates the local Multiple Listing Service® (MLS®) System and provides ongoing professional education courses for its members. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at REALTOR.ca. More information about RAHB is available at rahb.ca


    For more information about this article please contact us below

    About Author

    creblurb

    creblurb

    Lloyd Stevens has been writing Canadian business news for over 20 years with articles appearing in Perspective which appears in The Globe & Mail and contributing to ThinkHamilton.blog and Creblurb.com

    Related Articles