Economic Development Initiatives and Strategies
The Town of East Gwillimbury is a designated growth Municipality in Northern York Region, with the projected population increasing from 24,000 to 86,500 by 2031. Employment population will increase from 7,000 to 34,400 by 2031. The Town has excellent access to Highways 404 and 400 with extensive public transit including Go transit commuter trains and buses, as well as York Region and VIVA Transit. Through the Town’s growth management work associated with the Provincial Growth Plan, roughly 400 hectares of fully serviced Employment lands have been identified. In addition to the significant retail centre emerging at Yonge Street and Green Lane, the Town’s development of industrial and commercial land will be focused along the strategic economic corridors along the Green Lane, and the Highway 404 extension. Longer term opportunities will be associated with the future east-west connection between Highways 404 and 400.
To address the strategic vision for a sustainable economic future, the Town developed its first Economic Development Strategy (EDS) with a 50% activity rate providing on job for every two residents. The EDS focuses on:
- Developing economic corridors for employment, office, and population serving jobs
- The advancement and development of an East Gwillimbury post secondary institution
- Promotion and expansion of historic downtown core areas
- Supporting the rural economy including tourism and rural industrial uses
- Promoting agriculture, supporting the farm community
Current Development Opportunities
East Gwillimbury is preparing for development and growth through a number of significant projects which will position the Town as an ideal place to start a business. Some of the Town’s current initiatives include servicing of strategic economic corridors for future development, a water/waste water master plan to enable the early provision of necessary servicing infrastructure, and Broadband Strategy to name a few.
Some of East Gwillimbury’s top employers include Geo A. Kelson Company Limited, Inscape Office Furniture, Multimatic (Dynamic Suspension), Acushnet Canada, and Technicore Underground.
In addition to the more recent regional commercial development which has taken place at the Green Lane Centre at Yonge Street and Green Lane, the Town continues to promote and encourage the development of new industrial employment uses in certain designated areas in the Town.
The Town continues to develop strategic initiatives that promote additional new industrial and employment growth in the municipality, in order to provide local job opportunities for East Gwillimbury’s highly skilled workforce and to decrease the tax burden on our residents by adding to the Town’s non-residential assessment. In general, these initiatives will continue to improve the quality of life for the residents of our communities.