A 14.2-acre site in the Palmerston Industrial Park, has received a Certified Site designation from the Ministry of Economic Development and Growth (MEDG) following completion of the Investment Ready: Certified Site program.
The designation makes the industrial land at 215 Minto Road the first Certified Site in Wellington County.
The province’s Investment Ready: Certified Site program offers up-front information about possible investment locations “to help make investing in Ontario an easy decision,” states a Dec. 6 joint press release issued by Wellington County and the Town of Minto.
A Certified Site designation gives investors a greater degree of certainty when looking for development opportunities in Ontario municipalities by providing detailed information about industrial sites, including: availability, utilities servicing, access and environmental studies.
“The Certified Site program partners with communities and property owners to attract more jobs and investment, but also helps to reduce the burden placed on businesses that wish to expand in Ontario,” the release states.
‘Exciting opportunity’
“What an exciting opportunity for Wellington County,” said outgoing Warden George Bridge, who is also mayor of Minto.
“We look forward to the economic growth that this certification is sure to bring to Minto and Wellington County.”
Minister of Economic Development and Growth Brad Duguid said, “This designation helps communities attract development in a cost-effective and efficient way.
“I am pleased Ontario is a pioneer in Canada in site certification, and look forward to seeing it drive economic growth and create valuable jobs in the County of Wellington.”
The pre-qualification of this industrial site through the program allows for a streamlined site selection process that will reduce risk and hassles to investors, improve investor confidence and pave the road for faster site selection, officials say.