Waterloo Region Land Assembly Progresses, 550 Acres Now Secured for Future Investment Site

Transformational project will unlock thousands of jobs and billions in economic growth

Waterloo Region – The Region of Waterloo has now secured over 70% of a site identified in Wilmot to create shovel-ready land to secure a generational investment. With a majority of the land now secured, on-site technical and environmental investigations will continue further, as the process of creating a shovel-ready site capable of supporting large-scale development advances.

“Reaching this major milestone gets us significantly closer to securing long-term investment and economic prosperity locally,” said Chair Karen Redman. “It’s imperative, now more than ever, that Waterloo Region be ready to support Canadian manufacturing and well-paying, local jobs.”

The Region is committed to ensuring fair and equitable agreements for landowners.  Due diligence will begin on new areas this week and continue throughout the year. As due diligence progresses, planting will continue on lands where appropriate. No existing crop will be removed and any existing crop will be harvested once ready.

Over the last 5 years, the absence of large, shovel-ready sites has meant missed opportunities as major employers have located in other regions across Ontario. This initiative responds directly to those needs—preparing land that meets global standards and offering strategic advantages, including:

  • A large, contiguous development footprint
  • Immediate access to Highway 7/8 and arterial transportation routes
  • Existing hydro, water, and wastewater infrastructure
  • Location outside water protection areas
  • Proximity to Waterloo Region’s skilled workforce and world-class post-secondary institutions, and tech sector

 More information about the initiative, including FAQs are available here: Land Assembly in Wilmot - Region of Waterloo.

 

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