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TM Perspective HAMILTON 3 Produced by Perspective Marketing Inc. 1464 Cornwall Road, Suite 5 Oakville, ON L6J 7W5 1-866-779-7712 [email protected] www.perspective.ca PUBLISHER, CEO Steve Montague VICE-PRESIDENT Ed Martin EXECUTIVE EDITOR Bruno Ruberto WRITER BEN BENEDICT ABOUT THE CovER HAMILTON MAYOR FRED EISENBERGER SMART PARTNERSHIPS: McMaster University’s Centre for Emerging Device Technologies is an organization that facilitates study of the optical, electrical, mechanical, and biological properties of A Message From The Mayor semiconductors and related materials and promotes the s 2015 approaches, Hamilton continues to demon- have come to realize the quality of life and cost of living development of technology strate why it has long shed its “dark horse” moniker advantages offered in our community. Just consider the based on these materials. in terms of economic development. Our City is new Tim Hortons Field, our conversion to complete streets, www.eng.mcmaster.ca/cedt quickly becoming the new preferred location for two new hotels, and over 2,200 condo units now under Aboth non-residential and residential growth in Ontario and construction in our Downtown core. ™ Perspective Hamilton was statistically we can prove it. For example, by December 31, Is it any wonder why investment has found a new produced independently of Hamilton will have exceeded the $1 Billion mark, in total home in Hamilton? the City of Hamilton. Contents value of building permits, for four of the last five years. One of Germany’s largest Bio-Medical companies are copyrighted and may not Statistics Canada confirms that our Gross Domestic Fraunhoffer IZI is opening a new 80,000-square-foot be reproduced without the Product ranks second in the province behind only Toronto research institute here in partnership with the McMaster written consent of Perspective Marketing Inc. The publisher (which includes Mississauga, Brampton, etc.). We have Faculty of Engineering. And, let’s not forget the largest is not liable for any views a 5.6 per cent unemployment rate – lower than both the integrated steel mill in Canada – ArcelorMittalDofasco expressed in the articles and national and provincial averages and the Conference Board is now the company’s flagship worldwide. opinions do not necessarily of Canada gives us the nod for the most diversified We’re not just the Hamilton that many people see while reflect those of the publisher economy nationwide at 94 per cent. driving over the Burlington Skyway Bridge. For a different or the City of Hamilton. But we’re only getting started. The new GO station perspective, I invite you to go to investinhamilton.ca and near the Bayfront has become the driver for condo view the video on the home page that highlights how development and residential growth in the north end. this Ambitious City is rising once more. Over the last three years, the City has witnessed a renaissance in our Downtown and residential neighbour- - Fred Eisenberger hoods which is being led by GTA residents who Mayor, City of Hamilton TM Perspective HAMILTON 4 A Living Landmark In Downtown Hamilton n exciting and ambitious project 1878 and 1882 and was designed by the number of stones to be re-implemented a community,” says Louie Santaguida, coming to 98 James Street renowned Architect Joseph Connolly into the building. The condo will also President at Stanton Renaissance. ASouth in Hamilton, Stanton in the Gothic Revival style. It is in feature Geothermal and Cogeneration “We have been on the cutting edge of Renaissance will turn a historic church honouring the Architect and Architecture technologies to provide heating and this phenomenon. We are an advocate into a mixed-use development that aims that Stanton Renaissance has proudly cooling that provides low cost utilities of best technology practices, with no to be mindful of the community’s needs named this exciting 30-storey mixed use with a minimal environmental impact. environmental impacts, lower operating while re-purposing the building. development “The Connolly.” “When designing a development costs, and increased quality of living.” The James Street Baptist Church, The Connolly will also maintain a project, we take a holistic approach Quality of living and being a sound one of Hamilton’s oldest churches and number of its historical features. Stanton looking at the social, environmental, and investment is at the heart of this architectural icons was built between Renaissance has hand picked a significant economic benefits that are brought to development. The convenience of the location is considerable and well-situated for those who prefer walking, biking or taking public transit - earning an impressive 98 out of 100 Walk Score - where you can take care of your daily errands on foot. If you’re taking a trip outside of town the Hamilton GO Centre is literally a block down the street. IT IS IN HONOURING THE ARCHITECT AND ARCHITECTURE THAT STANTON RENAISSANCE HAS PROUDLY NAMED THIS EXCITING 30-STOREY MIXED USE DEVELOPMENT THE CONNOLLY. Hamilton is creating a wealth of work in the knowledge sector, with expanded educational and health institutions, providing investors with a solid rental market. In June, Hamilton was among the top cities singled out by the Real Estate Investment Network as the best places to invest in Ontario. McMaster University’s new downtown health campus, currently under construction at Main and Bay St., is right around the corner. St. Joseph’s Healthcare Hamilton, a teaching hospital, also calls James Street South home. The Art Gallery of Hamilton and the city’s famous artistic corridor James Street North, Hamilton General Hospital, McMaster University’s Innovation Park, and Mohawk College are all just a five-minute drive away. For more information on Stanton Renaissance and The Connolly you can visit: www.stantonrenaissance.com or www.theconnolly.ca. TM Perspective HAMILTON 5 Creating A World-Class Urban Waterfront Will Be A ‘Game-Changer’ For Hamilton he revitalization of Hamilton’s waterfront has been envisioned for well over two decades, but now that development is Tupon us, it will transform Hamilton’s image by creating a world-class urban waterfront neighbourhood. Located in the City’s western water- front and steps from the downtown core, the “West Harbour” area is seen as one of Hamilton’s strategic priorities. Years of public investments to enhance the waterfront have led to a clean and sustainable harbour, large- scale community parks, a recreational trail network, and other amenities for residents and visitors. WITH A SOLID FOUNDATION IN n Years of public investments to enhance the waterfront have led to a clean and PLACE, THE TIME sustainable harbour, large-scale community parks, a recreational trail network, and other IS FINALLY RIGHT amenities for residents and visitors. FOR THE CITY TO REALIZE THE The first critical steps in the renewal of acres in the adjacent “Barton-Tiffany” that we are open for business,” says Hamilton’s waterfront came in the early neighbourhood. Both areas are slated for Chris Phillips, the head of the City’s AREA’s FULL 1980s, with a major push to regenerate medium density mixed-use residential Waterfront Re-Development plans. the waters of the Hamilton Harbour by and commercial developments, allowing “Having completed a detailed POTENTIAL. transforming them into a people and for an array of uses that will be a catalyst business-case on the lands, we realistically family friendly place. Since then, huge for Hamilton’s further transformation. expect a final development worth well These investments are supported strides have been made in terms of the Understanding the complexity and over $750 million, that will be able to by unique neighbourhood planning ecology of the waterfront. Combined associated risks involved in a devel- drive at least $10 million in new tax principles, which will put people with the investments in public spaces, opment of this scale, the City is ensuring revenue per year,” he explains. and quality of life at the centre of the this area has truly become a destination. the development potential of the lands These lands are also situated adjacent development process, ensuring With this solid foundation in place, by creating legislative certainty and to a new GO train station, only blocks that the proposed private-sector the time is finally right for the City providing for key infrastructure invest- from a revitalizing downtown. It’s easy investments will be done in a manner to realize the area’s full potential. With ments to be made in advance. This to see why Hamilton has been identified that reflects a commitment to quality an adequate amount of developable will then clear the way for a formal as Ontario’s fastest growing economy of design and quality of space. land assembled and planning rules set, Expression-of-Interest process where the and most diversified economy in Canada “It’s just such a game-changer,” says the time is right to leverage tangible City will seek out private-sector partners by the Conference Board of Canada. It Councillor Chad Collins. “We’ve been private-sector investment. to assist in this unique high-profile devel- all means a great opportunity for those seeing incremental changes on the Two distinct waterfront land parcels are opment. The City foresees this process business professionals looking to invest waterfront for a decade – but once the on the verge of becoming development- to hit full stride in 2015 and 2016, with in this city on the move. City partners with the private-sector, ready, and the City is priming itself for a shovels in the ground by 2017. For more information on Hamilton’s the changes you’ll see will be dramatic. flurry of interest from the development “By committing to fund key waterfront developments, to watch Really, what we’re doing is planning for industry.