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HomeMy WebLinkAboutCAO-06-017 - Economic Development Advisory Committee East Side Community Development Recommendation1 Ki~~.R ~hiefAdministraror's Off)ce REPORT Report To: Finance and Corporate Services Date of Meeting: March 6, 2006 Submitted By: Rod Regier, Executive Director Economic Development Prepared By: Kathy Weiss, Director Business Development Ward(s) Involved: All Wards Date of Report: February 27, 2006 Report No.: CAO-06-017 Subject: ECONOMIC DEVELOPMENT ADVISORY COMMITTEE EAST SIDE COMMUNITY DEVELOPMENT RECOMMENDATION RECOMMENDATION: That Kitchener City Council requests Regional Council to expedite the development of the East Side Employment Lands in order to ensure that the strength of the local and regional economy will not be impacted negatively because of lack of available, serviced employment lands and: That City and Regional Councils make every possible effort to persuade the Province to expedite construction of the new Hwy. 7 between Kitchener and Guelph in order to accommodate these new employment lands as the businesses who will locate there must have transportation infrastructure for the purposes of moving people and goods to and from the Business Park. Outside of this recommendation, the City of Kitchener has concerns regarding the future availability of smaller lots, based on past and current sales, and believes there needs to be flexibility in the diversity of lot configuration on the East Side lands. REPORT: The Region of Waterloo, in cooperation with the City of Cambridge, City of Kitchener and Township of Woolwich is currently developing a structure plan to support the expansion of the urban area boundary in the Regional Official Policies Plan as required to provide for the designation of 300 net hectares of fully serviced land. The Region of Waterloo Industrial land and Business Park Vacant Land Inventory and Demand Analysis which assesses the supply and demand for employment lands in the Region forms the basis for the proposed expansion. This report will be presented to the Regional Planning and Works Committee meeting on March 7, 2005. The report was compiled over several months with input from the Prosperity Council, Economic Development Departments, KW Chamber of Commerce and private industry. A key consideration to the development of the East Side lands is the Provincial Places to Grow initiative. The Places to Grow Act, authorizes the Province to prepare growth plans to address population growth, economic expansion and protection of the environment, agriculture lands and other valuable resources in a coordinated and strategic way. With the Region forecast to experience robust population and employment growth through the planning period, and a limited supply of greenfield employment lands available over the medium to long term, the provision of new employment lands is a strategic issue for both the regional and provincial economies. EDAC is concerned that the Region of Waterloo expedite the process of expansion on the East Side lands in light of anticipated shortages of industrial land in the Region. COMMUNICATIONS: N/A Kathy Weiss Director, Business Development Rod Regier Executive Director, Economic Development