Brampton, Ontario, is quickly becoming a real estate hotspot on the radar of business owners and investors seeking an ideal location to live, work, and generate high returns on investment. The abundant commercial and real estate opportunities are due primarily to Brampton’s significant and ongoing investments in the region that are already paying off. Through their many strategic initiatives, which include exceptional financial incentives, the City of Brampton and its partners have achieved impressive population and economic growth that attracts established global corporations and young, diverse talent from around the world.
Flexible HQ Opportunities Packed with Potential
The Greenfield market of Mississauga Rd and Steele’s Av is one market to watch, in particular. The area offers approximately100 acres of readily available land ideal for major office development including new corporate HQ’s that desire complementary R & D or light manufacturing uses. Global leaders such as Air Canada, Canon, Loblaw’s (HQ), MDA (HQ), and Medtronic (HQ) did not need convincing on the benefits of setting up shop in Brampton. These major players have already established operations and continue to dominate their industries. MDA, for example, is preparing to bring 700 high-quality jobs to Brampton, and MediaCorp recently recognized Medtronic as one of Canada’s Top 100 Employers. Air Canada is also settled into their global operations centre, and Loblaws and Canon continue to thrive with Brampton’s connectivity and access to talent.
The area provides exceptional connectivity via transit and the 400-series highways, high visibility, natural heritage features, and proximity to world class golf courses and the Toronto Pearson Airport. Major corporations across all sectors will benefit from existing and future state-of-the-art convention centres and hotels, that are set to open in 2023 As a result, businesses looking for a new home, or investors exploring their options, would be well-served now and in the future.
Mapping Commercial Development Potential in 3D!
To help highlight the many commercial and office development opportunity in the area, surrounding environments and points of interest, the City of Brampton commissioned 3D CityScapes to create a 3D hotspot experience. 3D CityScapes has been recognized as a global leader in interactive virtual environments and has completed many interactive design projects that help investors, property developers and urban planners explore different city areas. The focus for this pilot program was to feature both available Greenfield and urban markets, highlighting the opportunity for employment and developing a tool that could be positioned to site selectors.
Investing in Brampton
As the fastest growing big city in Canada, over 73,000 businesses, 2,800 acres of vacant land, and over 120 million square feet of retail, office, and industrial space, many savvy investors are snatching up real estate in a region that is already delivering exceptional returns. With the City of Brampton’s investments and upcoming new official plan, investors who got into the commercial and real estate market early will certainly be glad they did.
