Ontario Construction News staff writer
The Municipality of Kincardine is moving forward with the acquisition of about 21 acres of developable land to accommodate future business investment and employment growth.
The land, known as the Gary Street lands, would give the municipality more flexibility to attract new employers and support business expansions as interest from the nuclear sector and other industries continues.
The proposed acquisition follows a Business Retention and Expansion survey that identified the availability of development land as one of the top challenges facing local businesses.
Municipal officials say securing land for future development would help address that constraint and allow Kincardine to respond to potential investment opportunities.
“Having land available for future development is an important part of building a strong and resilient local economy,” said Alan Smith, the municipality’s chief administrative officer.
“This is about looking ahead, ensuring Kincardine is well-positioned to attract investment and create opportunities for future generations.”
Municipal ownership of strategically located land would allow Kincardine to play a more active role in economic development, including supporting existing businesses seeking to expand and attracting new employers.
The municipality said access to development-ready land will be increasingly important as activity in the nuclear sector continues and opportunities emerge in other industries.
The acquisition is intended to support long-term economic growth, business development and job creation while aligning future development with the municipality’s planning objectives.
