The Smart Place for Business - Richmond Hill, Ontario · 7 CBRE Marketview Toronto Office, Q4 2016...
Transcript of The Smart Place for Business - Richmond Hill, Ontario · 7 CBRE Marketview Toronto Office, Q4 2016...
T h e S m a r t P l a c e f o r B u s i n e s s
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BusinessRichmondHill.ca
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Introduction The Economic Development team at the Town of Richmond Hill is pleased to present this 2017 Vacant Employment Land Inventory.
This resource guide offers information on the economic status of Richmond Hill, our business parks, and land that is available for office and industrial development. Find out why Richmond Hill is the right home for your business by also reviewing our Community Profile and website. Contact our Economic Development team directly to discover why Richmond Hill is The Smart Place for Business.
Economic Development Strategic Initiatives Division
Town of Richmond Hill 225 East Beaver Creek Road
Richmond Hill, ON L4B 3P4
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Disclaimer Research pertaining to the Vacant Employment Land Inventory was compiled and updated in the first quarter of 2017. Size, status and availability of land are subject to change. Please contact the Town of Richmond Hill, Economic Development staff for the most up-to-date information. While the Town of Richmond Hill makes every effort to ensure that the material provided herein is accurate, the Town of Richmond Hill does not make any warranty, either express or implied, nor does it assume any liability or accept any responsibility for the accuracy of this information. In no event shall the Town of Richmond Hill be liable for any direct, indirect, incidental, punitive or consequential expenses or damages resulting from the use of the information herein.
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Economic DevelopmentStrategic Initiatives Division
Town of Richmond Hill225 East Beaver Creek Road
Richmond Hill, ON L4B 3P4
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Table of Contents
Richmond Hill Economic Indicators 3
Richmond Hill Business Climate: A Snapshot 4
Richmond Hill Business Parks: An Overview 5
Available Employment Lands Overview Map 6
Zoning Information 7
Vacant Employment Land Summary 8
Beaver Creek Business Park Available Lands and Map 9
Headford Business Park Available Lands and Map 11
Barker Business Park Available Lands and Map 13
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Richmond Hill Economic Indicators
RICHMOND HILL Population1 195,022
Unemployment Rate
York Region2 5.80%
Greater Toronto Area3 7.00%
Toronto3 7.00%
Percentage of Richmond Hill
Population with Post-Secondary Education 4 77.30%
Overall Building Construction Value 5 $613,300,284
Industrial Tax Rate6 (vacant land) 1.298370%
1 Statistics Canada, 2016 Census
2 Statistics Canada, Estimated Unemployment Rate, 2015-2016
3 Toronto Economic Development Division, Toronto Economic Bulletin, 2016
4 Statistics Canada, 2011 National Household Survey
5 Town of Richmond Hill, Building Services Department, as of December 2016
6 Town of Richmond Hill, Financial Services Department, 2016
RICHMOND HILL MARKET RATES Average Office Net Lease Rates ($/sq ft)7 $17.15
Average Office Vacancy Rate7 12.30%
Average Industrial Net Lease Rate ($/sq ft)8 $7.10
Industrial Vacancy Rate8 2.00%
7 CBRE Marketview Toronto Office, Q4 2016
8 CBRE Marketview Toronto Industrial, Q4 2016
For more information about economic indicators, please contact our Economic Development team at [email protected]
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Richmond Hill Business Climate: A Snapshot
With a focus on innovation, a prime location, a talented and highly-educated workforce and an exceptional quality of life, Richmond Hill offers a great option for establishing and growing a business. Strategically located near major transportation corridors, Richmond Hill’s business parks boast excellent locations and are zoned to meet a variety of business needs.
Richmond Hill has four major business parks, comprised of approximately 1,600 acres (648 hectares) of land. Richmond Hill is home to over 4,600 companies that create over 67,000 jobs1. We are home to award winning businesses and work to foster an environment of collaboration and innovation.
1 York Region Employment Survey, 2016
RICHMOND HILL BUSINESS PARKS Size (Acres) Size (Hectares)
Beaver Creek Business Park 614.03 248.49
Headford Business Park 433.33 175.36
Barker Business Park 253.00 102.39
Newkirk Business Park 313.44 126.84
Total 1,613.8 653.08
MAJOR EMPLOYERS IN RICHMOND HILL Employer Description
Apotex Inc. Pharmaceutical and medicine manufacturing
BMW Group Canada Automotive – Canadian Corporate Office
Compugen Inc. Computer systems design and related services
Johnson Inc. Insurance agency and brokerage
OpenText Computer systems design and related services
Rogers Communications Wired telecommunications carrier
Sheridan Parkway Toronto North Hotel Hospitality Services
Staples Business Depot Business Services – Corporate Head Office
Mackenzie Health Hospital Hospital
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Richmond Hill Business Parks
Newkirk Business Park
As Richmond Hill’s first business park, Newkirk is home to an array of well established businesses. The total area of Newkirk Business Park is 313 acres and is home to over 300 businesses including Aecometric Corporation, Apotex and Plasticap. Centrally located within Richmond Hill, Newkirk Business Park also features a large base of manufacturing companies.
Beaver Creek Business Park
With over 600 acres of land, Beaver Creek Business Park is the largest business park in Richmond Hill. With its strategic location in the southeast portion of Richmond Hill, Beaver Creek is located near major transportation corridors including Highways 7, 407 and 404. Residents of this business park include OpenText, Global Financial Group, Suzuki Canada and Mayhew.
Headford Business Park
Headford Business Park is located just north of the Beaver Creek Business Park. This park is growing rapidly yet still has some parcels of land available. Headford Business Park is home to the Canadian head offices of Alphabroder, Mazda Canada, Rubicon and Staples Business Depot.
Barker Business Park
Richmond Hill's newest business park features many excellent locations in which to establish a business. Located to the north of Major Mackenzie Road, Barker Business Park focuses on environmentally sustainable initiatives and is the home of BMW Group Canada, Compugen, Cosmo Music, iServe and LaRocca Creative Cakes.
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Available Employment Lands
Produced for Economic Development, Strategic Initiatives Division, Office of the CAO
By Corporate and Financial Services Dept. IT - Application Services Copyright 2017, printed Feb. 2017
DisclaimerThis information is provided as a public resource ofgeneral information by Richmond Hill.The informationis provided for convenience only, and Richmond Hilldisclaims any responsibility for content, accuracy,currency or completeness. This is not a plan of survey.
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Zoning Information There are a variety of lands available throughout Richmond Hill. The Official Plan and zoning by-laws include a variety of zones to meet the needs of many different kinds of businesses. These by-laws designate land use within the municipal boundaries, making provisions for industrial, commercial and other land uses. There is significant available land for industrial and commercial use within Richmond Hill. Beaver Creek, Headford and Barker Business Parks are primarily zoned for high performance industrial and commercial uses. We have provided a summary of the industrial and commercial zoning by-law policies in Richmond Hill.
Note: The zoning information provided is intended as a general guide and is extracted from By-law 150-80. For specific zoning information regarding properties mentioned in this inventory, please contact the Town of Richmond Hill Building Department at 905-771-8910.
M-1: High Performance Industrial Zone M-1 zoning allows for the following uses:
Public Uses: Refer to Section 6.11 (2) of By-law 150-80
Industrial Uses Permitted: • Warehousing of goods and materials but not including a transportation
terminal • Manufacturing and assembly of goods and materials • Printing establishments • Research and development • Offices accessory to permitted uses on the same lot
Commercial Uses: • Retail sale of goods manufactured on the premises, but retail area must
not exceed 10% of total floor area • Offices accessory to permitted use, or not accessory as long as they
do not exceed 15% of total floor area • Data processing
M-2: General Industrial Zone M-2 zoning allows for the following uses:
Public Uses: All of the uses permitted in M-1 zone
Industrial Uses: All of the uses permitted in M-1 zone
Commercial Uses: All of the uses permitted in M-1 zone, plus dry cleaning establishments
Open storage: Stored goods are accessory to the permitted use • Storage area is in rear yard, • Storage area coverage does not exceed
5% of lot area • Storage area is enclosed
MC-1: High Performance Commercial/Industrial Zone MC-1 zoning allows for the following uses:
Public Uses: All of the uses permitted in M-1 zone.
Industrial Uses: All of the uses permitted in M-1 zone.
Commercial Uses: All uses permitted in M-1 zone, plus: • Banks and financial institutions • Technical and commercial schools • Restaurants and taverns, excluding take-out restaurants • Parking garages • Business and professional offices • Hotels
MC-2: Special Commercial Zone MC-2 zoning allows for the following uses:
Public Uses: All of the uses permitted in M-1 zone
Commercial Uses: • Banks and financial establishments • Business and professional offices • Hotels • Clubs and health centres • Restaurants and Taverns • Technical and commercial schools • Parking garages
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Vacant Employment Land Summary BEAVER CREEK BUSINESS PARK Property Address Acres Hectares Zoning Owner
1 0 East Beaver Creek Road 3.6 1.5 MC - 1 Campus 2000 Developments Inc.
2 0 East Beaver Creek Road E/S 12.8 5.2 MC - 1 Campus 2000 Developments Inc.
3 0 East Beaver Creek Road E/S 8.1 3.3 MC - 1 2346144 ONTARIO LIMITED
4 0 Fulton Way N/S 1.0 0.4 M - 2 370503 ONTARIO LIMITED
TOTAL 25.5 10.4
HEADFORD BUSINESS PARK
Property Address Acres Hectares Zoning Owner
5 65 Vogell Road 6.0 2.4 MC - 1 Cheverny Development Inc.
6 35 Vogell Road 4.8 2.0 MC - 1 Commerce Point Developments Inc.
7 25 Vogell Road 2.0 0.8 MC - 1 Commerce Point Developments Inc.
8 15 Vogell Road 2.7 1.1 MC - 1 Commerce Point Developments Inc.
9 15 Brodie Drive 2.9 1.2 MC - 1 Ruland Realty
10 0 Leslie Street E/S 44.3 17.9 A -1 Donald Brodie
11 0 Leslie Street / 0 Vogell Road End
24.1 9.7 MC - 1 Baif Developments
12 0 Vogell Road E/S 7.4 3.0 MC - 1 Baif Developments
13 0 Staples Avenue E/S / 9801 Leslie Street
10.6 4.6 MC - 1 / M - 1 Baif Developments
14 1577-1621 Major Mackenzie Dr. East
75.7 30.6 A - 1 DDR Major Mac Richmond GP Inc.
TOTAL 180.5 73.3
BARKER BUSINESS PARK Property Address Acres Hectares Zoning Owner
15 0 Sofia Court 4.0 1.6 MC - 1 Urbacon Properties Limited
16 0 Sofia Court 5.4 2.2 MC - 1 Urbacon Properties Limited
17 0 Sofia Court 5.1 2.1 MC - 1 Urbacon Properties Limited
18 0 Highway 404 16.7 6.8 M - 1 Urbacon Properties Limited
TOTAL 31.2 12.7
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BEAVER CREEK BUSINESS PARK
Beaver Creek Business Park
Property Address Acres Hectares Zoning Owner
1 0 East Beaver Creek Road 3.6 1.5 MC - 1 Campus 2000 Developments Inc.
2 0 East Beaver Creek Road E/S 12.8 5.2 MC - 1 Campus 2000 Developments Inc.
3 0 East Beaver Creek Road E/S 8.1 3.3 MC - 1 2346144 ONTARIO LIMITED
4 0 Fulton Way N/S 1.0 0.4 M - 2 370503 ONTARIO LIMITED
TOTAL 25.5 10.4
A FEW BEAVER CREEK BUSINESS PARK TENANTS
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DisclaimerThis information is provided as a public resource ofgeneral information by Richmond Hill.The informationis provided for convenience only, and Richmond Hilldisclaims any responsibility for content, accuracy,currency or completeness. This is not a plan of survey.
Available Employment Lands
Produced for Economic Development, Strategic Initiatives Division, Office of the CAO
By Corporate and Financial Services Dept. IT - Application Services Copyright 2017, printed 2017
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HEADFORD BUSINESS PARK
Headford Business Park
Property Address Acres Hectares Zoning Owner
5 65 Vogell Road 6.0 2.4 MC - 1 Cheverny Development Inc.
6 35 Vogell Road 4.8 2.0 MC - 1 Commerce Point Developments Inc.
7 25 Vogell Road 2.0 0.8 MC - 1 Commerce Point Developments Inc.
8 15 Vogell Road 2.7 1.1 MC - 1 Commerce Point Developments Inc.
9 15 Brodie Drive 2.9 1.2 MC - 1 Ruland Realty
10 0 Leslie Street E/S 44.3 17.9 A -1 Donald Brodie
11 0 Leslie Street / 0 Vogell Road End
24.1 9.7 MC - 1 Baif Developments
12 0 Vogell Road E/S 7.4 3.0 MC - 1 Baif Developments
13 0 Staples Avenue E/S / 9801 Leslie Street
10.6 4.6 MC - 1 / M- 1 Baif Developments
14 1577-1621 Major Mackenzie Dr. East
75.7 30.6 A - 1 DDR Major Mac Richmond GP Inc.
TOTAL 180.5 73.3
A FEW HEADFORD BUSINESS PARK TENANTS
DisclaimerThis information is provided as a public resource ofgeneral information by Richmond Hill.The informationis provided for convenience only, and Richmond Hilldisclaims any responsibility for content, accuracy,currency or completeness. This is not a plan of survey.
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Available Employment Lands
Produced for Economic Development, Strategic Initiatives Division, Office of the CAO
By Corporate and Financial Services Dept. IT - Application Services Copyright 2017, printed 2017
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BARKER BUSINESS PARK
Barker Business Park
Property Address Acres Hectares Zoning Owner
15 0 Sofia Court 4.0 1.6 MC - 1 Urbacon Properties Limited
16 0 Sofia Court 5.4 2.2 MC - 1 Urbacon Properties Limited
17 0 Sofia Court 5.1 2.1 MC - 1 Urbacon Properties Limited
18 0 Highway 404 16.7 6.8 M - 1 Urbacon Properties Limited
TOTAL 31.2 12.7
A FEW BARKER BUSINESS PARK TENANTS
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DisclaimerThis information is provided as a public resource ofgeneral information by Richmond Hill.The informationis provided for convenience only, and Richmond Hilldisclaims any responsibility for content, accuracy,currency or completeness. This is not a plan of survey.
Available Employment Lands
Produced for Economic Development, Strategic Initiatives Division, Office of the CAO
By Corporate and Financial Services Dept. IT - Application Services Copyright 2017, printed 2017
T h e S m a r t P l a c ef o r B u s i n e s s
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Richmond Hill is the perfect location for business with exceptional transportation links, a highly-educated workforce, a dynamic Economic Development support team and a diverse and welcoming community.
Richmond Hill: The right home for your business.
Contact the Richmond Hill Economic Development team.
We can help you find the right home for your business.
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