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Cooper Construction Invests in Guelph

Cooper Construction Invests in Guelph

Cooper Construction Invests in Guelph
July 18
16:59 2016

For over 100 Years Cooper has built Business

If you are considering expanding or relocating your business to Guelph, a conversation with Cooper Construction may be in order. With the purchase of 180 acres on the Hanlon Expressway, Cooper Construction became the largest industrial land developer in the prime Greater Toronto Area (GTA) location of Guelph.

“Hard work and determination are the cornerstones of our company,” says Bill Cooper, CEO of Cooper Construction, a third-generation family-owned Canadian construction and real estate development company.

As a community, steeped in old world charm while being actively engaged in the new economy, Guelph offers value to investors and developers through its available and affordable lands, lower land and development charges, location and available labour force. AvisonYoung Commercial Real Estate Newsletter (Canada, U.S.) of Summer 2013 noted that “The Southwestern Ontario market offers a population of more than 1 million people and a skilled and highly educated workforce. This booming area is among the top 10 populated areas in Canada, yet offers employees and employers a lower cost and higher quality of living.”

Hanlon Creek Business Park offers immediate occupancy and customizable building lots from 2 to 48 acres forindustrial to service/ commercial/retail.With available land supply running out in GTA municipalities – all whichhave higher land value – Guelph remains the smart and affordable option.

Ideally located outside GTA gridlock, just south of the City of Guelph, the Hanlon Creek Business Park offersprime development opportunities, unaffected by greenbelt restrictions; development charges and land costs about 60 percent lower than for other GTA municipalities. Current municipal infrastructure plans are in place to increase the capacity of water, wastewater, and roads to accommodate further employment and population growth within the area.

“The land in Guelph is priced very affordably compared to the GTA and the development charges are also significantly lower than other areas in the GTA,” says Nevar.

Guelph also offers easy access to Central Canada and United States markets by Expressway Intermodal RailTerminal (40 km), Highway 401 and other 400 series highways. Proximity to three airports, as well as bus andpotential GO Train transit connections to the GTA and Waterloo Region.

“Laird Road makes for great access and it is only minutes from the 401 Highway. To run their businesses effectively, our tenants need good access to transportation corridors,” says Nevar.

Guelph, with a population of 120,000, has a highly educated workforce to draw from in recruiting the rightpeople for your new or expanding business. Labour force education levels and skill sets differentiate Guelph from other communities.

You’ll also be in good company. With some 4,000 GDP-producing businesses, Guelph is the fifth fastest growing jurisdiction in Ontario, has one of the highest gross domestic product (GDP) per capita in the province and greatest levels of in-migrations. Not surprisingly, the Canadian Federation of Independent Businesses ranksGuelph the sixth best big city in Canada to be an entrepreneur in the annual the annual CFIB/FP 2015Entrepreneurial City Rankings. Ted Mallett, vice- president and chief economist at CFIB, said cities are ranked based on 14 indicators reflecting small firm creation, business optimism and views of local government and regulatory processes.

“We’re seeing Guelph do well in all major areas but it enjoys particularly good scores with respect to optimism,”says Mallett. Peter Whatmore, Senior Vice President at CBRE Southwestern Ontario adds, “the Guelph market has been very steady for us. Our clients feel this area offers the same opportunities for success as the GTA but at much less the cost”.

Guelph’s greatest strength may be its ecosystem of support for business at all stages of development. That ecosystem consists of the city’s Economic Development Office, the Guelph Chamber of Commerce, the University of Guelph, Conestoga College, the Small Business Enterprise Centre and Innovation Guelph.

For more information on leasing and development opportunities in Guelph visit www.coopercon.com/hanlon-business-park.html.

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    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

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