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Investment Profile Selkirk: Where It All Comes Together

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Investment Profile Selkirk: Where It All Comes Together Where it all comes together Investment Profile Selkirk: Where It All Comes Together Selkirk is the economic hub of Manitoba’s Interlake, a thriving region in one of Canada’s most promising provinces. We are a proud, progressive community – growing as regional services expand, keeping pace with residents’ needs and retaining home-town values. Google Maps GoogleGoogle MapsGoogle Maps Maps 3/21/17, 4:04 PM3/21/17,3/21/17, 4:043/21/17, 4:04 PM PM4:04 PM Google Maps 3/21/17, 4:04 PM Selkirk Map data ©2017Map GoogleMap data data Map©201720 ©2017kmdata Google ©2017 Google Google20 km20 km20 km Quick FactsMap data ©2017 Google 20 km Location 50°08′37″N 96°53′02″W Population (Residents) 10,2781 Trade Area Population 75,0001 Labour Force – Local/Regional* 4,955/30,0002 Participation Rate (%) 65%2 Unemployment Rate (%) 6.9%2 Median Family Income $68,4282 1 Source: Statistics Canada, 2016 Average Family Income $74,0182 2 Source: Statistic Canada, National 2 Household Survey 2011 https://www.google.ca/maps/@50.1670967,-96.9301626,9.08zhttps://www.google.ca/maps/@50.1670967,-96.9301626,9.08zhttps://www.google.ca/maps/@50.1670967,-96.9301626,9.08zhttps://www.google.ca/maps/@50.1670967,-96.9301626,9.08zNumber of Households Page2,685 1 of 1 PagePage 1 of 1Page of 1 1 of 1 * Regional labour force within 32 2 1 Land Area (km ) 24.86 km/20 miles of Selkirk https://www.google.ca/maps/@50.1670967,-96.9301626,9.08z Page 1 of 1 1 Table of Contents Mayor’s Message.. 3 Competitive Advantages. 4 Key Business Sectors . 7 New Developments Fueling Growth. 10 Planning for Growth . .14 Manitoba’s Economy: Strength through Diversity. .15 Statistics and Resources.. .18 Business Profiles Gerdau MRM Steel. 6 Shindico. 8 Easton Place. 13 Dynamic Investments Ltd.. .28 Steelcity Physiotherapy & Wellness Centre.. 38 2 Mayor’s Message Welcome to Selkirk, a vibrant community undergoing an exciting period of renewal and development. Selkirk is the growth centre of a thriving region in one of Canada’s most promising provinces. For tens of thousands of people, this city is the regional destination for shopping, health care, hospitality, recreation and economic opportunity. Located just 20 km/12 miles northeast of Manitoba’s largest urban centre, we also enjoy convenient access to the services of a major metropolitan area, including international air connections. In addition, our community is a beautiful, welcoming place, distinguished by green spaces, river views and an immense sense of pride. This is where the best of city and small town living can be enjoyed. And Manitoba’s most popular lakes and beaches are just a half-hour drive away. Today we are building on these advantages by constructing new regional facilities and the infrastructure for further growth. We invite you to explore the many advantages of Selkirk and the new developments that are making this city an even more attractive place to invest. We would be pleased to help your organization succeed. Mayor Larry Johannson 3 Competitive Advantages Strategic Location with Great Connections Selkirk is located about 20 km/12 miles northeast of Winnipeg, which is a major transportation/ logistics hub for North America and the largest Canadian centre between Toronto and Calgary. Selkirk and Winnipeg are well-connected by major highways and rail spur lines. This puts Selkirk within 50 km/30 miles of: • Winnipeg James Richardson International Airport • Centreport Canada, a new 20,000 acre inland port offering single-window access to Foreign Trade Zone benefits • Main lines for both Canadian Pacific and Canadian National Railway • Three rail links to the United States The proximity to Winnipeg also provides convenient access to big city services, including: • A workforce population of nearly 500,000 • Two major universities, a community college and many technical training centres • Major entertainment venues and national league sports • Specialized services for research, business management and more A Growing Regional Centre for Services As the largest commercial centre in the Interlake, Selkirk has become the go-to destination for shopping and services in the region. More than 10,000 people live in Selkirk, but about 75,000 people are in the trading area. They include residents of the prosperous and growing communities surrounding Selkirk, as well as tens of thousands of Winnipeggers traveling to the popular lakes and beaches north of the city. These visitors count on Selkirk to have all of the commercial and professional services expected in an urban centre. Selkirk delivers with an ever-expanding selection of retailers, restaurants and institutional developments, including a new hospital that is the largest and best-equipped in the region. These developments are drawing more visitors to Selkirk, which in turn creates more opportunities for businesses and residents in the community. Room to Grow in an Affordable, Welcoming Environment Selkirk’s municipal government takes a progressive approach toward new business development. Taxes are moderate and development fees are substantially lower than in many comparable municipalities. We are accommodating growth through an inclusive, forward-looking approach to city planning and land use. Our municipal government has developed a Strategic Plan for community and 4 economic development, as well as a long-term plan for renewal and expansion of municipal infrastructure and services. Areas earmarked for commercial development include Selkirk Business Park and Selkirk Crossing. Residential development projects are also underway. Local Residential Development Charges and Levy Comparison City of East St. St. West St. St. Selkirk Paul Headingley Clements Paul Andrews * Capital - $5,000 $2,500 $7,250 $4,900 $3,500 Water $1,034* $4,000 $2,250 $4,750 - - Sewer $1,034* $6,000 $2,250 $4,750 $2,500 $2,500 Road $1,400* $3,000 $2,000 $500 - - Recreation - - - $1,000 $1,200 - Environmental Health - $400 - $500 - - Active Transportation - $300 - - - - Traffic Signalization - $500 - - - - Administration - - - - $400 - Miscellaneous $1,532 - - - - - TOTAL $5,000* $19,200 $9,000 $18,750 $9,000 $6,000 *Selkirk charges are calculated on lot frontage and vary (value based on 55’ lot frontage). All charges indicated based on single family residential lots. Multi-family charges may vary. Local Development Fee Comparison Per Lot The Best of Big City and Small Town Living One of the best advantages of doing business and living in Selkirk is the quality of the community itself. It’s a vibrant place with a variety of housing options, an excellent education system and a wide range of recreation opportunities. We value the neighbourly outlook and small town charm of our community, yet all the advantages of a big metropolitan centre are within easy driving distance. We are continually enhancing the natural beauty of * Fees determined by our riverside location in one of Manitoba’s frontage and vary (based on 55’ lot most historically significant regions. frontage). 5 BUSINESS PROFILE Gerdau MRM Steel Strategic location to supply the world Selkirk earned its “Steel City” nickname from Manitoba Rolling Mills (“MRM”), the community’s largest and oldest employer. Today the mill is owned and operated by Gerdau, one of the world’s largest suppliers of long steel. For more than a century, the Selkirk mill recycled millions of tons of metal. The recycled metals are transformed into steel products such as grader blades, fork tines, elevator guide rails and superlight beams and distributed to customers around the globe. Gerdau finds the City of Selkirk a convenient location for global distribution because of the excellent connections to Winnipeg, a major transportation and logistics hub. Within half an hour, truck trailers can reach an inland port offering Foreign Trade Zone benefits, plus main lines for both Canadian railways and rail links to the U.S. Gerdau attracts hundreds of highly skilled employees from both the cities of Selkirk and Winnipeg. Gerdau is proud to have a dedicated team, many of whom have worked for the company for decades and often generations of family members can be traced back to its beginnings. When Gerdau needs specialized professional services, they are also within easy reach. Winnipeg is home to many world-class firms specializing in mechanical engineering, environmental protection, financial management and more. For more information visit www.gerdau.com/northamerica 6 Key Business Sectors As the growth centre for the region, Selkirk has a strong and diverse mix of commercial and professional services, retail businesses, manufacturing operations and government-run institutions. There are currently about 430 businesses registered with the City of Selkirk, including 328 on the tax roll and more than 100 home-based businesses. Together, they employ a workforce of nearly 5,000 people. • Health care, education and social services are the largest source of employment in Selkirk. The city is the site of the region’s major hospital and one of Manitoba’s most important mental health treatment centres, as well as many related services and businesses. Selkirk also provides hundreds of jobs in education. • Retail trade is the second largest source of jobs in Selkirk. A recent surge in big-box retail development has firmly established the city as the region’s shopping destination, creating more opportunity for retail stores and services of all sizes. • Manufacturing has been a mainstay of the Selkirk economy for many years. The largest manufacturing operation is the steel mill run by the multinational company Gerdau MRM. Selkirk is also the site of fabricating firms like Kenetic Machine Works and Black Cat Blades. • Accommodation and food services are becoming a more important economic force in Selkirk as more visitors come to our city for shopping and entertainment. The city has a vibrant mix of renowned locally owned restaurants and big-name franchises, as well as a new hotel.
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