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Cornwall, ON Information on Local Market Developments

MarcelGreaux

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Building permits issued in 2009 by the City amounted to over $190 million – a figure that is greater than the sum of the values of the previous four years (2005-2008) combined. Also, based on figures for 2010, the trend is definitely continuing. Furthermore, the activity seems to wide spread among residential, commercial and public sector which is a clear sign that there is healthy growth throughout the community. The $190 million in building permits may not seem significant for a larger city, however, for a city with a population of only 45,000 people, it is a large number – enough to create major business activity and jobs.
“2009 was a breakthrough year for Cornwall – and it looks like 2010 will be just a good,” said Mayor Bob Kilger. “Building permit values represent a measure of economic activity in a community, and we have seen growth in the City’s residential, commercial and institutional sectors.”

One of the more anticipated private sector projects that was recently completed is the new $60 million Shoppers Drug Mart DistributionCenter . The 550,000 sq ft facility will employ 130 people and serve the company’s Eastern Ontario stores.



Another facility is the new 33,000 sq ft office of Service Canada, also being built in the Cornwall Business Park . Over 175 new high paying government positions will be created with the completion of this new modern building.

The City’s busiest street, Brookdale Avenue , has also seen its share of construction. A new $1 million Pizza Hut Restaurant has opened to rave reviews, and Shoppers Drug Mart will soon open its new store in the Haden Group’s 70,000 sq ft commercial plaza. Willarboit Developments are also planning to break ground on their own commercial development project at the corner of Brookdale and Tollgate.

These are just a few example of the slew of recent private sector investment in the city. See below for a quick snap shot of public sector investments.

For more information, visit:


http://www.choosecornwall.ca/index.php?mac...57&hl=en_US


Investing In Infrastructure


The City of Cornwall is undertaking a record number of infrastructure projects as it takes advantage of various funding programs from the Provincial and Federal Governments.

“These are all projects that Cornwall had identified as priorities”, said Mayor Bob Kilger.


HospitalProject Breaks Ground


The redevelopment of the Cornwall Community Hospital broke ground in early 2009. The $119 million project includes an expansion of the 95,000 square feet of new space and 78,000 square feet of renovation. The expansion will house 5 new state-of-the-art operating rooms, and new emergency and diagnostic and imaging departments. The new construction will allow for amalgamation of all services to the Hospital’s McConnell Avenue site

“The brand new clinical space together with equipment upgrades will ensure our future as a top notch provider of hospital services in Eastern Ontario for years to come”, said Fernand Hamelin, Board Chair.

For More Information Visit:

25m/%25Y&cntnt01returnid=57&hl=en_US" target="_blank">http://www.choosecornwall.ca/index.php?mac...57&hl=en_US 3+1 Multi Sports Facility

A new $30 million multi-sports facility is nearing completion, with a targeted completion date of March 2011.

The new facility aided with an $18.4 million dollar investment from the Provincial and Federal Governments, will consist of three NHL-sized ice pads, an indoor field house and tennis court and will replace aging facilities currently in use.

For more information, visit:

http://www.choosecornwall.ca/index.php?mac...;hl=en_USz`


Wastewater Treatment Facility


A $55 million project will be proceeding to improve Cornwall ’s wastewater treatment facility, with municipal provincial and federal government each handling a third of the cost. The upgrade will be yet another major financial shot in the arm to the area, create jobs and improve the quality of life in Cornwall .


New EMS Headquarters


A new $5 million dollar headquarters will be built for the delivery of Emergency Medical Services (EMS). The new facility to be located in Cornwall ’s Business Park , services both City and surrounding counties.


Other Projects

Other projects include a new watermain for Brookdale North ($2.1 million project), work on Tollgagte Road ($855,000) and four recreation projects, which has a total estimated project cost of over $2.5 dollars, include a new gymnasium and multi-purpose room for the Cornwall Aquatic Center .


Source: City of Cornwall , City of Cornwall Economic Development, Seaway News.
 
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