;

Hamilton courts investors


More and more millennials are moving into Hamilton’s growing urban core.

Investors and developers from across the GTA are looking into taking advantage of that by expanding their businesses to Hamilton.

The city is in the midst of re-vamping old and building new commercial and residential spaces.

The Alley, formerly known as the Sirloin Cellar is being re-opened as an office and restaurant space in the downtown core keeping some of it’s rustic edge. Others include Regus on King West, the populace on James South and Acclamation Lofts on James North.

There are about 20 proposed development projects all within the downtown core. These will bring over 4,500 units and commercial spaces.

On Wednesday, 250 investors and developers from the GTA visited to see what this city is all about.

 

Over the past five years, Hamilton has averaged over one billion in building permits.

Right now, the City of Hamilton says incentives like tax breaks and interest free loans are driving investment, but that those incentives will likely disappear once development really heats up.



LATEST STORIES


Commenting Guidelines

  • Comments are open for 2 days only after publication of article
  • All comments subject to approval
    • Comments must be constructive and a minimum of 5 words
    • Please do not submit multiple identical comments
    • Personal attacks will not be posted
    • We reserve the right to edit submissions for spelling, grammar, and language
  • CH-CHing! points will be awarded upon submission, however comments will not appear live until they have been approved
  • During the approval process, we reserve the right to withdraw CH-CHing! points awarded to you for comments that do not meet the above guidelines

POPULAR STORIES

css.php