Brampton Business Services Sector Subject of New Study
Sunday, Jun 28 2009, 12:00
The City of Brampton, a rapidly growing municipality in the Greater Toronto Area (GTA) marketplace is actually one of the fastest growing cities in the nation. Brampton is the third largest city in the GTA and the tenth largest city in Canada.
The City of Brampton is dedicated to attracting investment and supporting local business. In order to assist the business community, the City of Brampton Economic Development Office employs the use of key strategic tools. From time to time, these tools need to be reviewed and updated to reflect a changing economy and meet the diverse needs of our corporate citizens and investors.
In order to provide value to investors in the development industry and business service sector, the City of Brampton Economic Development Office will be undertaking a business service sector study. This project will review Brampton’s finance, insurance, real estate, business, professional, government and accommodations clusters and will help provide the tools for attracting first class facilities to Brampton
This new study will provide an inventory and geography of existing and proposed facilities in a regional context; inventory features of each facility; review sites in the City of Brampton that permit the development of these facilities; propose, where appropriate, new locations for such facilities; review Brampton’s locational attributes for such facilities; and provide a detailed analysis of Brampton’s Business Services Sector and make recommendations with respect to Brampton’s current and future potential for additional, and higher quality, head office, financial, insurance, real estate business, professional services, government and accommodation investment.
The study will not only look at Brampton as a whole, but will also focus directly on the City’s identified Mixed Use Centres, specifically the Downtown and Central Area, Bram West, Bramalea South Gateway, South Fletcher’s Courthouse Area, and Bram East.
The overall goal is to create a new economic development tool that will help Brampton attract new, higher quality, business services investment. The recommendations coming out of the study will be integrated into Brampton’s land-use policy tools (such as the Official Plan, Secondary Plans and Zoning By-laws), as well as in economic development marketing strategies.
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