Tag Archives: Odyssey Condos & Towns

Neighbourhood Watch: Hamilton

Hamilton is the tech city of the future

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Hamilton is the tech city of the future

Hamilton may be best known as a steel city – a moniker it may never shake, given the industry is still alive and well here. But here’s a more modern nickname for you – tech town.

Yes, really.

The city of 536,917, located at the west end of Lake Ontario in the Niagara Peninsula and along the Niagara Escarpment, was recently ranked as one of the top tech cities in North America for “opportunity.”

Commercial real estate services and investment firm CBRE rated Hamilton number two, citing a tech scene that has grown by 52 per cent over the last five years. This, in addition to naming it Canada’s fastest growing mid-sized city for tech talent in 2018.

“Hamilton’s tech scene is growing rapidly and new spaces, ideas, and collaborations are putting ‘Innovation to Work’ each day,” says Judy Lam, the City’s acting director of economic development. “Requests for brick and beam office space are flooding in to our office and we are working to attract and retain this creative class in Hamilton – which a ranking such as this one will greatly assist in such an endeavour.”

This reputation may be slightly unfamiliar to some, but homebuyers have known the city has been transitioning for years.

City on the highrise

Indeed, a quest for single-detached housing at affordable prices has sent throngs of buyers from the Toronto area to Hamilton over the past decade, ReMax Canada confirmed in a recent report.

While more affordable lowrise homes may have encouraged GTA buyers to head west, it may be the stellar performance of the highrise sector that keeps them here. See, for example, how healthy the price growth in Hamilton is for condos, as compared to that for all housing types.

Developers, meanwhile, are catering to the growing demand for highrise housing in the city. Rosehaven Homes’ KiWi Condos is among the signature projects underway in the city. More are to come, particularly as nearby Burlington is putting the brakes on such development in its downtown area.

It’s not just about homebuying opportunity in Hamilton, however. From educational institutions such as McMaster University and Mohawk College, to exhibits such as the Canadian Warplane Heritage Museum, to historical landmarks such as Dundurn Castle, there’s plenty to enjoy in and around the city.

City favourites

For sports fans, there’s the city favourite Hamilton Tiger-Cats of the Canadian Football League, who play out of the new Tim Hortons Field, as well as the Hamilton Bulldogs of the Ontario Hockey League, playing out of FirstOntario Centre, formerly Copps Coliseum.

Hamilton is also benefiting nicely from the billions being spent on transit and highway infrastructure improvements in the province, allowing residents to live there and easily get around the city or travel into surrounding areas.

All of this further positions Hamilton and its residents to enjoy its rising stature as a tech town, and a place to be now and in the future.

Location, location, location

Located in the Golden Horseshoe at the west end of Lake Ontario; population of 536,917; 68 kms from Toronto, 73 kms to Niagara Falls.

Key landmarks

• Canadian Football Hall of Fame

• Canadian Warplane Heritage Museum

• Dundurn Castle

• FirstOntario Centre

• Hamilton Museum of Steam & Technology

• Tim Hortons Field

Select condo developments

98 James St. Condos by Hue Developments

98 James St. Condos by LCH Developments

CoMo Condos by Homes By DeSantis

Harbour Condos On The Bay by Canlight Group

KiWi Condos by Rosehaven Homes

Odyssey Condos & Towns by Rosehaven Homes

Soho Central Park by Losani Homes


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Burlington

Burlington – engaged in development

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Burlington – engaged in development

Long gone are the days when Burlington, a city of about 185,000 off the northwestern shores of Lake Ontario, was a sleepy suburb on the outskirts of the GTA. Expansion in highway and transit infrastructure, economic and employment growth and new housing development are all contributing to what today is a booming, and self-sustaining, destination.

It’s all coming together nicely for Burlington. For some, perhaps, maybe a little too fast.

But more on that later.

Blessed location

Blessed with an outstanding natural location close to the lake, the QEW, Dundas Street West and Hwys. 403 and 401, getting to and around Burlington has never been a challenge. But recent improvements to transit service and highways have afforded even easier movement for businesses and residents.

Such growth has contributed to an increasingly diverse economy, strong in automotive and manufacturing, but not overly reliant on any one sector. Some of the city’s largest employers include Cogeco Cable, ARGO Land Development and the Joseph Brant Hospital.

Besides being close to Lake Ontario to the south, and the Niagara Escarpment to the north, Burlington is also home to the Royal Botanical Gardens. It boasts more than 2,700 acres of gardens and nature sanctuaries, the world’s largest lilac collection and three on-site restaurants.

Down by the lake, the recently renovated Spencer Smith Park hosts an array of annual free festivals, including Canada’s largest Ribfest, the Sound of Music Festival, Children’s Festival and Lakeside Festival of Lights.

Engaged in development

With so much in Burlington’s favour, it’s no surprise that more people are moving here – particularly those looking for more affordable homes than in Toronto. Indeed, it’s a nice compromise: Oakville to the east, is now one of the GTA’s priciest housing markets; Hamilton to the west, is more affordable but still considered an area in transition.

Nor should it come as a surprise that Burlington residents are engaged in their community development, and took the opportunity in the October 2018 municipal elections to vote for change. Journalist and city councillor Marianne Meed Ward became the city’s first female mayor since 1978, replacing two-term incumbent Rick Goldring.

“Burlington residents have consistently raised concerns about over-intensification and development in our city,” she said after officially taking over in December 2018. “During the election, they made their voices heard and clearly indicated the need to review the scale and intensity of planned development, especially in the new Official Plan.”

To that end, Meed Ward says she plans to take a close look at development, specifically in downtown, and has launched a Red Tape Red Carpet task force to address permitting and approvals. She also campaigned on tackling traffic congestion, tax reform, building trust with the community and protecting greenspace.

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Location, location, location

• Population 185,000, located in Halton Region at the northwestern end of Lake Ontario

• Distance from Toronto, 60 km; 21 km from Oakville; 15 km to Hamilton

Key landmarks

• Royal Botanical Gardens

• Spencer Smith Park

Select upcoming housing developments

Provenance by Beachview Homes – Townhomes

Valera 2 by Adi Development Group – Condominiums

Burlington Condos/Towns by National Homes – Condos and townhomes

Odyssey Condos & Towns by Rosehaven Homes – Condos and townhomes


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