Shovel Ready Strategy
The Region of Waterloo is currently developing its first Shovel-Ready Strategy. The strategy outlines an approach for accelerating sites for employment lands, affordable housing or future community needs like community centres or schools across Waterloo Region.
As Waterloo Region grows to one-million people by 2050, it is critical that the Region of Waterloo prepare for this growth with the appropriate infrastructure and economic supports.
What is a Shovel-Ready Strategy? |
A Shovel-Ready Strategy looks at Waterloo Region as a whole and identifies key locations that would be best suited for certain priority uses, such as new business or industrial parks (known as employment lands), affordable housing or future community needs like community centres or schools.
It also includes preparing land for development, or making it “shovel-ready”. This creates a property that is ready for a business or developer to build on. This typically includes completing environmental work, bringing utilities infrastructure to the site (such as hydro, water, wastewater pipes, etc.), grading the property, preparing possible transit upgrades and early urban planning for the site. |
Why develop a Shovel-Ready Strategy? |
The goal is to create shovel-ready land for future investment and identify land for future development to meet Waterloo Region’s growing employment, housing and community needs. Without appropriate shovel-ready lands, businesses looking to invest will continue to choose other communities, which will have significant, long-term impacts on Waterloo Region’s future. Preparing land in this way makes it more attractive to companies and organizations looking to relocate or build a new location. It also reduces the financial risk of the site and reduces barriers to their project being able to begin, as the timelines for a build project are often very tight. In June 2023, Regional Council committed to the development of a shovel-ready strategy that supports future investment in our community, through better understanding the site selection process, preparing shovel-ready lands and unlocking regionally-owned land for affordable housing and industrial investment. The Provincial government called for regions to begin preparing shovel-ready land to attract large scale investment. We have seen this land preparation lead to communities receiving significant new employment and billions in investment. Not having shovel-ready land means Waterloo Region is losing out on thousands of well-paying jobs and game-changing investment in the community. |
How do Shovel-Ready lands benefit our community? |
In alignment with the Region of Waterloo Strategic Plan and the Regional Official Plan, Waterloo Region will benefit in many ways from this type of generational investment, including:
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What makes certain land a good fit for these projects? |
There are certain elements that make a property a good candidate for future uses. When it comes to employment lands, some of the factors that make a property appealing have to do with business operating details, such as:
Other criteria for a site selection may also be focused on the quality of life for their future workforce, such as:
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What consultation was done to prepare the Region of Waterloo Shovel-Ready Strategy? |
Consultation with hundreds of members of the local and global business community was conducted to understand the needs and gaps of locating and growing a business in Waterloo Region. Analysis of recent site selection requests for proposals highlighted the need for shovel-ready land, particularly large land parcels.
These conversations, along with expertise from partners such as Waterloo Economic Development Corporation (WEDC), Chambers of Commerce, and industry leading site selection firms helped to identify the priority areas for the upcoming Shovel Ready Strategy. |
What are the next steps on the Region of Waterloo Shovel-Ready Strategy? |
The Draft Region of Waterloo Shovel-Ready Strategy, will be shared at Regional Council in the coming months. |
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