Loading...
HomeMy WebLinkAboutADMIN-1-95 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON 0(QlXlXQ1tX'XI)O 0(FX XFXlX XODWAMAN )rKlX REPORT Meeting:General Purpose & Administration Committee File Date: January 9, 1994 Res. # C% <, Fte ort #:ADMIN-1-95 Dy-l-aw p File �; Sadrnnrep.011 Subject: Status Update - 1994 Industrial Space Absorption Recommendations: It is respectfully submitted that Council receive Report ADMIN-1-95 for information. 1. Background 1.1 The purpose of this report is to provide Council a status update on Industrial Space Absorption in 1994. Absorption refers to previously vacant industrial space that has been leased or sold. 1.2 Table 1 outlines known industrial absorption in 1994 by location. Table 1: Known Industrial Space Absorption, As of Dec. 31, 1994 Location Company Approx. Size (sq. ft.) 250 Baseline Rd. Blauson Group / New City 79,900 Resources Clarington Wholesale I 314 Bennett Rd. Kelley Atlantic 55,000 19 Courtice Court Durham Regional Police 25,000 2021 Baseline Rd. Rushwood Truss (Div. of 21,000 Millwork) 164 Baseline Rd. Syvan Developments 19,200 60 Courtice Court Animal Milk Products 17,000 241 Simpson Ave. Akorn Steel 6,600 71 Mearns Court Micro Precision Plastics 1,400 Ltd. 11111 APR 1-C, 114515 PRIED 4REC-D PArEll 1.3 A total of 225,100 sq. ft. of previously vacant industrial space is known to have been absorbed in 1994. Recommendation: It is respectfully submitted that Report ADMIN-1-95 be received by council for information. Respectfully submitted, Reviewed by, e // "4) 41 Todd Letts, M.B.A. W. H. Stockwell, Economic Development Officer Chief Administrative Officer i i i i i I (J 2