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The Van Norman Innovation Park

7 Oct, 2021


The Van Norman Innovation Park (VIP) in Tillsonburg, Ontario has industrial lands available from $50,000/acre. With lots from 3 to 16 acres, these shovel-ready lands are perfect for companies looking to expand their operations and for new businesses seeking development-ready locations.

A location in the Tillsonburg VIP offers strategic advantages to businesses such as:

Key access to Canada’s largest market
Low costs:
  o No industrial development charges
  o Low property tax, capital and operating costs
Large regional employee base
Superior infrastructure with ultra high-speed connectivity

With phase 1 construction of the VIP nearing completion, and already 30% sold out, the town is well-positioned for further growth in the Advanced Manufacturing, Food Processing and Information Technology sectors. 

Services to the site include water, sewer, natural gas, electrical and gigibit fibre optic.

The Town is actively targeting investors interested in larger scale industrial developments for the 16 Acre site located on the west side of the innovation park. 

 

 

 

 

Tillsonburg's Industrial Park Advantages

NO DEVELOPMENT CHARGES
Shovel-ready industrial lands from $50,000/acre
Low industrial taxes
Gigibit fibre service available
Business friendly council
Located in the heart of Ontario's 401 Corridor
Within a 2 hour's drive of 32 universities /colleges and 29 research and innovation centers
Within a 2 hour's drive of multiple urban centers (Toronto, London and Cambridge/Kitchener/Waterloo) without the associated high costs
Part of Ontario's Market of 15 Million People
A talented workforce specializing in advanced manufacturing, food processing, production, retail services, construction, health care, finance, insurance and real estate
Canada/Ontario is one of the top places to do business
Tillsonburg is ranked one of “Canada’s Top 25 Communities to Live and Work Remotely” (Maclean’s 2021 Best Communities)
 
The opening of the Van Norman Innovation Park, with critical funding support from the Government of Ontario, will ensure Tillsonburg has enough serviced industrial lands to meet the needs of current manufacturers while creating inventory for new investment.

“Tillsonburg has been seeing unprecedented investment interest from across the province and even from outside of Canada over the last 18 months,” noted Development Commissioner Cephas Panschow. “Our location in the heart of Ontario's 401 corridor offers access to Canada’s largest market, as well as proximity to the U.S. Northeast and Midwest.”

With its strong manufacturing base and diverse economy, Tillsonburg attracts entrepreneurial people looking for a safe, active and accessible community that offers a high quality of life for their entire household.

 “Tillsonburg’s strategic location, lower costs and ultra high-speed connectivity create the right environment for businesses to grow and prosper,” says Mayor Stephen Molnar.

Maclean’s magazine recently ranked Tillsonburg as one of the Top 25 Communities in Canada to Live and Work Remotely (2021). With the growing popularity of the community, Tillsonburg has seen its population reach almost 18,000 people, up from 15,880 in 2016.
 

Environmental Benefits of the VIP

Originally agricultural land, development planning for Tillsonburg’s VIP involved consideration of various environmental factors, including storm water management for water quality improvements for the drainage area.   The VIP’s five acre, naturalized storm water pond provides enhanced quality control measures and will ensure that all of the storm water draining from the larger industrial area is enhanced prior to draining into the Otter Creek Watershed - a significant nature amenity area. 

For more information on the Van Norman Innovation Park visit http://www.tillsonburg.ca/VIP

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