The draft plan of subdivision for the Steelport site in Hamilton includes a proposed Lagoonscape that will feature a regenerated biodiverse landscape that doubles as stormwater management infrastructure. Slate Asset Management has announced it has submitted an application for a draft plan of subdivision for its 800-acre Steelport site to the City of Hamilton, unveiling new details for the mixed-use industrial park on the former Stelco lands. The plan includes 684 acres of gross development area, 62 acres of public right-of-way, 91 acres of open space and amenity blocks and 23 acres of water bodies. Stelco Steel Mills will retain 78 acres for its operations. [...]
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Slate, City of Hamilton, HOPA outline major upcoming projects Slate Asset Management, developer of the 800-acre Steelport multi-use project on Hamilton, Ont.’s waterfront, was a headliner as local builders gathered to scout out project leads at the Hamilton-Halton Construction Association’s annual Construction Forecast presentation recently. In addition to Slate, the Hamilton-Oshawa Port Authority, Hamilton-Wentworth District School Board and the City of Hamilton were present and shared a lengthy list of upcoming projects contractors should be on the watch for. Read the article here!
Ira McDonald Construction Ltd. recently gave a tour of this meaningful project Parishioners at Hamilton, Ont.’s newest Catholic church, St. Catherine of Siena, have flocked to the new 30,000-square-foot structure on Rymal Road in overflow numbers since its official dedication Oct. 22. “It’s packed at the masses on Sunday,” said Father Mark Gatto, first pastor of St. Catherine of Siena. The church replaces two others, Our Lady of Lourdes and Corpus Christi, that were merged by the Roman Catholic Diocese of Hamilton. Proceeds from the sale of those properties supported the new build on the eight-acre Rymal Road site. [...]
The City of Hamilton has reached a new major milestone for the highest all-time construction value on record, $2,133,057,915. On October 13, 2023, the City officially hit the $2 billion mark, 40 days earlier than the previous record set in 2021, making it the earliest the City of Hamilton has reached this mark. This is the second time the City has hit the $2 billion milestone. On October 19, 2023, the City broke its all-time construction value record. Overall, the value represents 4,755 building projects within the residential, institutional, commercial and industrial sectors, including permits issued for 3,103 dwellings/units. [...]
Welcome to Steelport, the newest standard-bearer for modern industry. A world-class industrial park connecting rail, road, and water in the historic port of Hamilton. The private equity firm, Slate Asset Management, behind the revitalization and redevelopment of Stelco’s Hamilton lands says it plans to submit its formal plans to the city in the coming months, with the first phase of development expected to start next year. As you know, Slate purchased the approximately 800-acre parcel of industrial land once dedicated to steelmaking in June 2022 in a $518-million deal, laying out their plans to transform it into a modern commercial [...]
Ontario Labour Minister Monte McNaughton leaving government for private sector Labour Minister Monte McNaughton is leaving government for the private sector, Ford said in a statement Friday. “He made this decision based on what is best for him and his family at this point in his life and career,” Ford said. “He introduced groundbreaking measures to protect workers’ rights and ensure that more workers are in the driver’s seat of their own careers.” McNaughton has served as labour minister since 2019 and was infrastructure minister the year before. Click here for more details [...]
Premier Doug Ford reversing Greenbelt plan Ontario Premier Doug Ford announced on September 21 he is reversing his plan to open the protected Greenbelt lands for housing development and won’t make any changes to the Greenbelt in the future. While meeting with his caucus during a retreat this week in Niagara Falls, Ont., Ford said his caucus members shared with him what they have been hearing about the Greenbelt from people in their communities and he is listening. “I made a promise to you that I wouldn’t touch the Greenbelt. I broke that promise and for that, I’m very, [...]
Tight construction labour markets persist in August as labour force growth modestly outpaces employment gains After contracting slightly in July, employment increased by 40,000 (0.2%) in August. Since January, employment has increased by 174,000 (+0.9%) – or by 25,000 on average per month. The LFS data also shows that August’s increase in employment was outpaced by population growth (+103,000; +0.3%). As a result, the national, all-industry employment rate, which is the proportion of the population aged 15 and older who are employed, fell 0.1 percentage points to 61.9%. Canada’s overall unemployment rate was unchanged at 5.5%. This follows consecutive [...]
Enhanced GST Rental Rebate to build more apartments for renters On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians. To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences built specifically for long-term rental accommodation. This enhancement increases the GST Rental Rebate from 36 per cent to 100 per cent and removes the existing GST [...]
Industry still looking to fill jobs despite signs of tight labour market easing While inflation and workforce shortages continue to pose challenges across all sectors, the industrial, commercial, institutional, and civil (ICIC) construction industry emerged as a positive force for Canada’s economy in 2022 and continues to show signs of growth in 2023. These gains could not be achieved without the essential contributions of its labour force, particularly eleven key occupations crucial to its operations. Although labour market tightness began easing in Q2, the current and expected demand for construction and projected future retirements continue to threaten the sustainability [...]