"Our decision to construct a facility in London was based on a very competitive business environment, and the strong support we received from the London Economic Development Corporation,"said Michael Stoschek, President and CEO of Brose Fahrzeugteile GmbH.
"Treatment of our firm by the City of London and LEDC has been the best I have experienced," added Stoschek.
Michael Stoschek, President and CEO of Brose Fahrzeugteile GmbH
Industrial lands are available for purchase from the City of London and from private owners. These lands fall into three categories: serviced, un-serviced and serviceable.
There are 8 industrial parks that provide a range of small and large serviced building lots and an abundance of vacant light industrial or general industrial land available for sale. The Parks include Skyway Industrial Park, Forest City Industrial Park, River Road Industrial Park, London Enterprise Park, Trafalgar Industrial Park, and Innovation Park.
The price for city owned industrial land has been determined through competitive analysis of available industrial lands in Southwestern Ontario. The cost per acre ranges from $65,000 to $95,000, depending on lot size and highway exposure.
London maintains an inventory of industrial buildings available for sale/lease or build to suit locations. The zoning requirements for any target property must be examined to ensure the property is suitable for the specific industrial application. Subsequent to confirmation of zoning, site plan approval and building permits must be obtained from the City of London.
There are no development charges for construction of industrial buildings in the City of London.
Commercial Office Space
From modern high-rises in the core, to smaller spaces in outlying areas, London has an excellent inventory of class 'A' and 'B' office space.
To search for available Industrial Land, Industrial Buildings and Commercial properties for sale and lease please follow the Business Location Finder link below.
Select Ontario Look for sites to meet your investment need, explore communities by labour force and demographic characteristics, look for relevant industry clusters located in Ontario, investigate the skills, language and education capabilities of Ontario's workforce
Site Plan Approval and Building Permits
Depending upon the scale, complexity and information requirements of an application, the site plan approval process may be completed in six to eight weeks. Complex applications involving a public participation meeting may take an additional four to six weeks.
Once a Site Plan is approved, a Building Permit must be obtained. The Building Permit is required to begin construction of new facilities or alteration of existing facilities. The City's Building Division reviews all applications for building permits to ensure compliance with zoning by-laws and building code requirements.
Buildings have gone up in as little as 168 days, and the city administration is very willing to work with clients to meet their needs. The LEDC will facilitate. Dancor's Testimonial
Property "Hold" Procedure
Parcels may be reserved for a period of 30 days pending receipt of an offer to purchase.
Demographic information available by site
If you are looking for demographics and other marketing data for specific sites in London, here are two useful links:
Statistics Canada This Statistics Canada link provides data by as small as postal code
City of London This link is for the City of London planning districts. It currently maintains information based on 2006 Census data.