The Business Development Specialist provided an overview of the 2021-2024 Economic Development Strategy and the three final strategies endorsed by Council in April 2021. She reviewed the small business supports being provided by the Town of Newmarket including partnerships with York Small Business Enterprise Centre, Newmarket Chamber of Commerce, and initiatives such as the Business Assistance Concierge, Choose Local Campaign and temporary patio program. She also provided a Provincial and Federal economic update based on employment statistics.
The Economic Development Officer provided an overview of the four major intensification projects currently underway in Newmarket which included the Briarwood Development at 693 & 713 Davis Drive, Rose Corp at 175, 195, & 200 Deerfield Road, Redwood Development at 17645 Yonge Street, and Kerbel at Yonge & Millard.
The presentation concluded with a review of the 2022-2024 marketing strategy including target timeframes, market research goals, outreach and tactics, as well as next steps.
The Members discussed the housing crisis and its effect on employment, and the Upper York Sewage System and allocation available within the Town for new developments. The Members were asked to review the questions for consideration and provide further feedback via email.