We are located in the heart of the Waterloo Region-Toronto tech corridor, from start-ups to well-established companies the corridor is one of the fastest-growing tech regions in the world. This comes with its challenges, particularly the demand for people and space. The corridor is populated with 15,000+ tech companies and 200,000+ workers in the most innovative region in Canada.
https://blog.waterlooedc.ca/four-maps-waterloo
Our president David Pitts spoke to The Globe and Mail at the beginning of April about being part of the tech corridor and the hurdles that come with this demand. A new business park is opening in Cambridge where Angstrom Engineering has found its new home. The business park was developed by Intermarket Properties whose president Mr. Kindrachuk also spoke to the Globe and Mail. “Our position is that if you can attract the best talent to the area, you will attract very good corporations,” Mr. Kindrachuk says. “That war for talent has come to the industrial marketplace, especially in advanced manufacturing.” The Waterloo Region also recognizes the potential for growth and is looking to develop more land for industrial and business purposes.
David Pitts told the Globe “We are looking forward to getting into the new space that is purpose-built for us.”
Read the article here: https://www.theglobeandmail.com/business/industry-news/property-report/article-spillover-effect-from-toronto-heats-up-industrial-land-demand-in/