Northwood Business Park

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Northwood Business Park

+/– 500 Developable Acres

Prime Employment Development Opportunity

Northwood Business Park Oshawa, ON Economic Development Services City of Oshawa 905-436-3311 oshawa.ca/northwoodbusinesspark

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oshawa.ca/northwoodbusinesspark


Property specifications High Hi ig gh hwa way 407 way 407 EEaasstt 40

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Rd. N

orth

Co C on nlllin in n Rd d.. Eas ast st

Sim

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t. N ort

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s Weest W d. West Rd R ton Rd. unto un Taunto Taun Ta

Property details

Highlights

Gross Area

+/– 722 acres

Developable Area

Estimated +/–500 acres

Oshawa Official Plan Land Use Designations

Industrial, Open Space and Recreation, Special Purpose Commercial and/or Local Central Area.

Frontage

Thornton Road North, Stevenson Road North, Taunton Road West and Conlin Road West.

Zoning (Arterial Roads)

Servicing

Select Industrial, General Industrial, Special Purpose, Planned Commercial Centre, Automobile Service Station, Commercial, Park Open Space, Environmentally Sensitive Open Space, Hazard Lands Open Space and/or Urban Reserve. Approved and budgeted by Region of Durham.

• Location bounded by Taunton Road West to the south, the Oshawa-Whitby boundary to the west, Highway 407 East to the north and the Oshawa Creek to the east. • Northwood Business Park consists of multiple privately held properties with a distribution of open space areas. • Pre-servicing for water and sewer infrastructure projects is a Region of Durham priority. • Pre-zoned employment lands. • Minutes to Highways 401 (Stevenson Road South Exit), 407 East (Simcoe Street North Exit), 412 and 418. Adjacent to the Oshawa Executive Airport. Served by Regional Bus Transit. • In proximity to leading post-secondary institutions and research facilities — Ontario Tech University, Durham College, and The Automotive Centre of Excellence (ACE). • Environmental Assessment for Stevenson Road North currently underway.

oshawa.ca/northwoodbusinesspark

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Access and Connectivity Cobourg

Northwood Business Park

53 km | 40 min

404 400

412

407

Vaughan

Oshawa Executive Airport

58 km | 52 min

403

407

34 km | 25 min

Toronto

86 km | 56 min

Port of Oshawa

Mississauga

Highway 401

79 km | 54 min

Oakville

93 km | 60 min

Ottawa

357 km | 3h 52 min

Scarborough Brampton

Kingston

208 km | 2h

Oshawa

401

67 km | 45 min

418

Lake Ontario

Highway 412

8.7 km | 10 min

Highway 418

13.2 km | 16 min

Highway 407 East

QEW

Burlington

117 km | 73 min

USA

8.8 km| 13 min

4 km | 5 min

Highway 404

42.2 km | 27 min

Toronto Downtown Core

66.1 km | 48 min

CN Intermodal Terminal

71.1 km | 41 min

CP Intermodal Terminal

75.4 km | 55 min

Pearson Airport

73.9 km | 42 min

Highway Infrastructure in Oshawa includes two 400 Companies in Oshawa have quick and convenient series highways, Highway 401 and Highway 407. access to Canada’s largest consumer market of more than 5 million people and are located within a day’s drive of more than 120 million Canadian and American consumers. With easy connections to multiple USA border crossings into New York, Michigan and Minnesota, Oshawa offers superior access to American markets. Hamilton-Oshawa Port Authority is the Region of Durham’s gateway to world markets through the St. Lawrence Seaway. Oshawa Executive Airport is a regional airport offering corporate business travel and general aviation. Passenger charter services, freight services, aircraft maintenance and aircraft restoration services are provided at the airport. On-site Canada Border Service Agency—Canada Customs is available 7 days a week by appointment.

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oshawa.ca/northwoodbusinesspark


Development Charges Permit Value: Industrial Development 2017 2018 2019 2020

$27,679,500 $17,441,000 $87,362,900 $63,808,200

• The City of Oshawa is ranked number 1 for development approval timelines across the GTA (Altus Group, 2020). • In 2020, Oshawa had its 4th Highest Total Construction value on record at $480,474,100.

Development Charges (Industrial) City of Oshawa N/A (exempt) Regional $119.54/m2 Education N/A Oshawa does not collect City Development Charges on industrial development. This represents a savings of over $967,000 per 10,000 sq. m. (107,000 sq. ft.) of development.

oshawa.ca/northwoodbusinesspark

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Talent Oshawa’s dynamic and diverse economy consists of: Healthcare 18%

Accomodations & Food Services 8%

Educational Services 11%

Professional Services 3%

Retail Trade 15%

Finance & Insurance 3%

Manufacturing 6%

Information & Cultural 2%

Admin & Support 8%

Other 18%

Oshawa’

Hea

Educ

Reta

Man

Adm

Publ

Public Administration 8%

• According to Statistics Canada, Oshawa Census Metropolitan Area (CMA) is leading Canada in population growth.

• BMO’s Regional Labour Market Report Card (2020) examines labour market trends in Canada and ranked Oshawa 6th in Canada and 2nd in Ontario.

• Oshawa ranked 5th as one of the best cities to move to for those moving out of Toronto to surrounding communities by HuffPost (2020).

One of Canada’s

fastest growing

1.2 million

workers within a

45 minute

commute

Post Secondary

Institutions •

markets for

tech talent

Durham College

Smart

Ontario Tech University • Trent University Durham GTA •

21

community Fastest Growing Census Metropolitan Area in Canada —Statistics Canada

5

25,000 student population

in a unique, technology rich learning environment

oshawa.ca/northwoodbusinesspark


Development Charges Non-Residential Development Charges and Cash-in-lieu of Parkland Dedication as of January 1, 2021 (payable in full to Building Permit Services on or before the date a building permit is issued) Non-Residential Development

Commercial

Industrial

Institutional (Unless exempt from the bylaw)

City of Oshawa

$132.95/m2

N/A

$132.95/m2

Region of Durham

$221.76/m2

$119.54/m2

$115.45/m2

Visit oshawa.ca/northwoodbusinesspark for a list of exemption rules and contacts.

G.T.A. Industrial Development Charges ($/m2) Oshawa

$119.54/m2

Vaughan

$426.47/m2

Mississauga

$358.33/m2

Milton

$199.78/m2

Hamilton

$210.33/m2 Source: Urbacon 2021

Oshawa has the lowest industrial development charges in Durham, York, Peel, Halton and Hamilton.

oshawa.ca/northwoodbusinesspark

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