Land Assembly in Wilmot
Why is this project underway? |
This land assembly project is underway to create a large-scale, shovel-ready site that is attractive to a major employer. This initiative aims to secure generational investment that will result in thousands of well-paying local jobs and further economic prosperity in Waterloo Region. |
What work is underway on the land? |
On-site investigations are initiated as part of the acquisition process by the Region of Waterloo as soon as an agreement is reached with the corresponding landowner. The required due diligence work will continue as the Region of Waterloo remains committed to reaching fair and equitable agreements with all of those involved. This work includes on-site studies of the lands, which requires turning of soil and, in some instances, ploughing. Every effort is made to make use of any crop on-site, and these conversations occur with those directly involved in the real-estate transaction. |
What is the site selection process? |
The site selection process is intensive and thorough. Some of the specific characteristics about this area that make it uniquely suited for this initiative include:
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How will this project benefit our community? |
Waterloo Region will benefit in many ways from assembling large-scale, shovel-ready land to secure generational investment. This initiative will result in:
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Who is this site being prepared for? |
This site is being assembled for future investment from a major employer. This land assembly is not occurring for any business/end user in particular at this time. The objective of this project is to assemble one contiguous parcel of land as a step toward attracting a major employer for the future, and securing well-paying jobs and further economic prosperity. We are continually in conversation with industry leaders and various levels of government about possible future investment. Our efforts now will put the Region in a stronger position to attract a large investment in the future. Any future investment would be subject to further approvals before it could proceed. |
If there is not a confirmed investor currently, why assemble the land now? |
Without large-scale, shovel-ready land we are losing out on generational investment and thousands of well-paying jobs in Waterloo Region. Businesses are choosing to locate elsewhere. |
Why has there been so much confidentiality around this project? |
As individual negotiations with landowners are |
Is there enough water capacity in the system to support an industrial development here? |
There is enough capacity in the water and wastewater system to support an industrial project at this location. Technical analysis of the Region’s system has confirmed that servicing can be added in the future based on the specific needs of the future investor in the site. |
Will an industrial project here negatively affect our community’s groundwater? |
Protecting our community’s groundwater is of utmost importance. Technical analysis of the area has been completed as part of the site selection process. This land is not within the Regional Recharge Area. The Regional Recharge Area is critical to our water supply and maintaining clean, drinkable water from this zone continues to be a leading priority for the Region of Waterloo through the policies laid out in the Regional Official Plan. |
Why must farmland be used for this project? |
A contiguous parcel of land at the necessary size cannot be accommodated within the urban boundary. Utilizing a portion of the over 210,000 acres of designated farmland within Waterloo Region is necessary to meet site requirements of 500+ acres. The land identified for this assembly project makes up 0.35% of the available farmland in Waterloo Region. |
Will the land be expropriated? |
The Region of Waterloo is committed to engaging with the landowners involved in this project and it is our goal to reach fair and equitable agreements for all landowners. |
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