Economic Development Office
City of Mississauga
Presentation to CCIM
June 29, 2005
Agenda
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Overview
Mississauga’s Business Community
Growth
Transportation Projects
Development Opportunities
City Centre OPA By-Law
Consolidated Zoning By-Law Review
Issues & Trends
EDO Functions & Services
Canada’s 6th Largest City
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Population: 695,000 growing to 750,000
Debt-free with $630 million in reserves
"AAA“ Credit rating by Standard & Poor's
Recognized as “Canada’s safest city”
Top 10 Cities in Canada
1. Toronto (2,481,494)
6. Mississauga (630,000)
2. Montreal (1,039,534)
7. Winnipeg (619,544)
3. Calgary (878,886)
8. Vancouver (545,671)
4. Ottawa (774,072)
9. Hamilton (490,268)
5. Edmonton (666,104)
10. Halifax (359,111)
2001 Census
GTA is the 7th Largest Region
USA & Canada
1. Los Angeles
9.33M
2. New York 8.71M
3. Chicago
8.08M
4. Boston
5.90M
5. Philadelphia
4.959M
6. Washington
4.74M
7. GTA
4.55M
8. Detroit
4.47M
9. Houston
4.01M
10. Atlanta
3.85M
11. Dallas
3.28M
Our Business Community
• Diverse Business Community
– More than 49,000 registered businesses
– Many International Companies
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USA: 700
United Kingdom: 70
Japan: 85
Germany: 97
– 57 Fortune 500 US companies with Canadian
H.O. in Mississauga
– 40 Financial Post 500 companies with
Canadian H.O. in Mississauga
Key Business Sectors
and Recent Deals
• Biomedical/Pharmaceutical
• Financial/Business Services
• Information and Communications
Technologies (ICT)
• Automotive
• Aerospace
• Consumer Products
Building Permit Value
2000-2005
$Billions
$2.0
$1.77
$1.8
$1.6
$1.54
$1.51
$1.39
$1.42
$1.4
$1.2
$1.0
$0.8
$0.30
$0.6
$0.4
$0.30
$0.16
$0.20
$0.34
$0.40
$0.20
$0.27
$0.19
$0.18
$0.2
$0.19
$0.09
$0.03
$0.0
2000
2001
Total
2002
Industrial
2003
2004
2005*
Commercial
* January to May 2005
Population Growth/Projection
1991-2031
749,700
800,000
695,000
700,000
600,000
716,200
680,000
544,400
500,000 463,400
Population
Projection
400,000
300,000
200,000
100,000
0
1991 1996 2003 2005 2021 2031
Thousands
Employment Growth Rate
1996-2031
500
450
372
400
350
396
410
427
486
314
300
Workforce
Projection
250
200
150
100
50
0
1996 2000 2003 2005 2011 2031
Employment Lands
Status of Employment Land – December 2003
Status
Acres Hectares % of Total
Developed
13,229
5 354
80%
Undeveloped
3,274
1 325
20%
TOTAL
16,504
6 679
100%
SOURCE: City of Mississauga, Planning & Building Dept.,
Employment Lands Development Profile, May 2004
Transportation Projects
• Bus Rapid Transit (BRT) - Mississauga Segment
• The Hwy 403/Eglinton Ave BRT corridor has
Environmental Assessment approval
• Mississauga is looking to the Province & Federal
Government for a funding commitment to allow GO and
the City of Mississauga to proceed as partners with the
staged implementation of the Mississauga segment of the
GTA BRT Spine Line
Transportation Projects
• Creekbank Road Extension
– North-South Arterial Roadway Staging
– 6 Phase project (Construction started in 2006 /completion in
2011)
– Phase 1 - 2006, North from Matheson Blvd to Hwy # 401
– Phase 2 - 2007, construction of bridge over Hwy #401
– Phase 3 - 2008, North from bridge to Enterprise Rd
with an extension of Enterprise Rd easterly
– Phase 4 - 2009, North from Enterprise Rd to Shawson Dr
– Phase 5 - 2010, North from Shawson Dr to Britannia Rd E
– Phase 6 - 2011, North from Britannia Rd to Netherhart Rd
and North to Courtney Park Dr E
Please note: Budget for overall Capital Works Project
only approved by Council for current year. Amended Feb 05
Development Opportunities
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Jannock Brickyard Lands
MeadowPine Blvd & Mississauga Rd
Hurontario & Derry Rd (N/W Quadrant)
Square One
Baif Developments Ltd
City Centre Development
• Approx. 151 ha (373 acres)
• Consists of office, retail, residential and
cultural developments
• Population:
– mid 2003 – 8,500
– mid 2021 – 21,300
• New City Centre district policies, zoning
by-law and Urban Design Guidelines
Planning Initiatives
• City Centre District Policies (OPA 20)
and By-law:
– City Centre District Plan approved and is now in full
force and effect.
– Policies are intended to reinforce and enhance the
image of the City Centre as a destination and major
regional centre.
– Mixed use development is encouraged so that its
position as an employment, commercial and civic
centre will be balanced by residential development,
entertainment and facilities for business, visitors and
tourists.
Planning Initiatives
• City Centre District Zoning By-Law:
– Lands within the City Centre are pre-zoned in order to
allow the City to respond to development initiatives and
market considerations in a timely fashion.
– Each zone category is affixed with a holding provision
or “H” prefix that essentially prevents development from
proceeding until such time as the developer or owner
complies with specific conditions.
– Development is no longer delayed with timely and
costly public processes and are therefore more able to
meet immediate market demands and needs.
Planning Initiatives
• Consolidated Zoning and By-law Review:
– By-law 5500 being the Consolidated Zoning
By-law for the City, along with Streetsville,
Port Credit and others are being evaluated by
the City Planning and Building Department.
– Intent is to ensure that the By-law is relevant,
consistent and easier to understand and work
with.
Issues and Trends
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Changing City
Consolidation
Intensification/infill
Foreign Investment
Economic Development Office
Functions
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Business Development:
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Research & Marketing:
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Site location assistance
Business data
Business growth
Issue resolution
Corporate calls
Associations
Business database and directory
Community profiles
Statistics and reports
Marketing materials, i.e. newsletter, brochures, website
Sector studies
Mississauga Business Enterprise Centre (MBEC):
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Entrepreneur counselling
Seminars and workshops
SME consulting
Networking opportunities
EDO Website
eCity: Property Look-Up
eCity: Property Map It
Contact Information
• D’Arcy Rahkola,
Client Account Manager:
industrial development specialist
darcy.rahkola@mississauga.ca
905-896-5022