Welcome to High Point East

• Office complex — HS Limited is pleased to welcome the first office development on the prestigious lands fronting on the pond overlooking Highway 401.  The 4.2 acre lot has been designed by Grassmere Construction to ultimately hold three two-storey office buildings surrounding a landscaped courtyard.  The first of these buildings is being custom-built for Accu-Fax Investigations Inc., the largest supplier of labour dispute services in Canada.

• New industries — Welcome to Valbrunna which has just purchased Lot 13 on Holgate Crescent and to Boulevard Contracting, Lot 12 on Durante Way.

  Elsewhere in Milton

Construction is now well underway on the new Modatek plant, the third Magna International facility in Milton, on lands on the south side of Highway 401. The Modatek building is nearly 500,000 sq. ft. and will employ over 600 people by 2002. This compliments and augments Milton’s already-strong automotive sector industry which is also represented by SKD, Johnson Controls, Meritor and more.

The Town of Milton has called for tenders for the Phase One of three phases of reconstruction of Main Street in the Central Business District. The first phase will see the complete replacement and realignment of the street, sidewalks, on-street parking and landscaping within the historic downtown. The $1.7 million project will take place from March to June 2002. This is just one new capital project in a Town Budget that has seen capital spending increase 140+% to $15.2 million from 1999 to 2001, as the Town and the Region meet commitments to meet the growth needs of Milton.

Housing Availability

With the completion of Milton’s new water and wastewater servicing, Milton is experiencing an unprecedented housing boom. Residential housing permits skyrocketed 900% from 145 in 1999 to 1500+ in 2001. The major new home builders including Mattamy Homes, Greenpark, Falconcrest, Milton Heritage Homes, Coscorp and Touchstone Homes, are providing a complete cross section of housing from townhomes and semi’s to executive single family dwellings. With hundreds of new residents moving in every month, the financial impact on local business has been very positive. The new attention being drawn to Milton has spilled over into the resale market as well, both in town and in new and resale rural estate subdivision homes. Milton’s overall residential growth rate is now approaching 13% per year making it one of the fastest growing communities in Ontario.

The Mattamy Homes Development

on Derry Road

Growth Projections

Transportation

• With the completion of Highway 407 from Highway 401 west and south through Milton, connecting to the QEW at Burlington, Milton is truly at the crossroads for business and commerce. Hwy. 407 access points in Milton include Highway 401, Derry Road,
  Trafalgar Road and Hwy. 25.

• CP Rail’s Expressway intermodal truck-rail terminal in east Milton is growing in scope and services with daily return trips to Montreal and Detroit.

• CN Rail is making application to the Canadian Transportation Authority for a 200-acre $40 million, intermodal truck-rail terminal in south Milton.