C. Panschow provided an overview of the background on development of the Van Norman Innovation Park and the next steps required for Phase Two.
The Committee, at a future meeting, would like to see information on:
- Lot configuration
- Comparable land price data/pricing strategies for industrial parks in southwestern Ontario
- Potential marketing strategies including the potential for commercial zoning
- Options for commercial zoning areas
- Timing for listing, list on lot one versus wait-listing
- Lot coverage provisions of competitor municipalities
The Town needs to obtain from Oxford County confirmation of the servicing level capabilities of this site before any developments proceed.
B. Parsons left the meeting at 1:24 p.m.