industrial parks - City of Cambridge

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402 240 Holiday Inn Drive Goliath Threading Tools Canada In-House Solutions Inc. KAVO Canada-Lab Division Sentex Communications Corporation 403 260 Holiday Inn Drive Al Safa Halal Inc. ATS Reliance Technical Group Collectrite/Credit Bureau Collections Connors Lovell & Associates Inc. Creative Solutions Higgott-Kane Ind Noise Controls Maple Reinders Constructors Ltd. Metafore Prime Management Group Trux Route Management Systems Vetoquinol 404 280 Holiday Inn Drive Pride Signs Ltd. 405 Holiday Inn Drive 4.0 acres for sale (Private) Phil Schiedel 519-658-9317 406 Holiday Inn Drive 11.68 acres for sale (Private) Phil Schiedel 519-658-9317 407 Holiday Inn Drive 1.5 acres Vacant land 408 255 Holiday Inn Drive Home Fashion Market Smitty’s Furniture Distribution Centre 409 221 Holiday Inn Drive Occupational Safety Group Scan-Tech Hoistmaster 410 215 Holiday Inn Drive McDonald-Green Personnel Inc. 411 180 Groh Ave Rauscher Plating SITES AND BUILDINGS 412 1 Natura Wayt Natura World 414 5 Holiday Inn Drive Heritage Baptist Church/College 414a 175 Holiday Inn Drive Heritage Baptist Church/College 416 540 Jamieson Parkway 19.95 acre development site (Karanda Ltd.) 417 350 Pinebush Road 13.2 acres for sale (Private) 418 390 Pinebush Road Witmer Lands 419 400 Pinebush Road Roth Lands 420 396 Pinebush Road Beer Lands 421 420 Pinebush Road Dream Mortgages Ideal Waste Ltd. 422 Pinebush Road Hopewell Development Inc. 423 Pinebush Road City’s Edge Developments (Design Build) 424 2310 Townline Road Keleher’s (land for sale) 425 Conestoga Boulevard IADOM Investments 426 400 Jamieson Parkway McCordick Glove & Safety Inc. 427 Townline Road Exit Realty Information Centre 428 Jamieson Parkway Homewood Suites Belmont Equity Partners (Multi- Tenant Industrial and Office Building) 12.19 acres Design Build (Private) ECONOMIC CITY DEVELOPMENT 52 OF DIVISION CAMBRIDGE
SITES AND BUILDINGS DEVELOPMENT REQUIREMENTS FOR CITY- OWNED INDUSTRIAL LAND Any purchase of City-developed industrial land is subject to certain development covenants which reinforce the City’s intent to promote direct industrial development and prevent land speculation. Below is a list of some of these requirements, which must be seriously taken into consideration before any purchase. (Excerpt from the Offer to Purchase) 3. BUILDING REQUIREMENTS 3.a The Purchaser covenants and agrees, within one year of the date of purchase, to start construction thereon of an industrial building or buildings, to cover not less than 20% of the area of the said Property, the plans for which have been approved by the City, and to complete construction of such building or buildings and all landscaping required in connection therewith within one year of the start of such construction; provided that, in the event that weather conditions do not permit completion of landscaping and exterior work within that time, such period for completion of landscaping and exterior work may be extended by the City as may reasonably be required. The City shall be kept informed of all construction schedules, any changes thereto, and of any delay in construction which might occur. Provided the Purchaser starts and completes construction within the said time periods as contemplated above, the City shall sign and deliver a full and final release of the option set out in paragraph 3.b below. 3.b If the Purchaser does not start and complete construction of an industrial building or buildings in accordance with the provisions of paragraph 3.a above, within the periods therein set out, the City shall have the option of repurchasing the said Property from the Purchaser at 90% of the original purchase price, without interest, less the actual costs of the City which were incurred in the original sale of the Property and which will be incurred in purchasing the Property, which costs may include real estate commissions, Land Transfer Tax, registration costs, legal fees and ;such other costs as are determined by the City. The said option may be exercised by the city on sixty (60) days’ notice in writing at any time within five (5) years of the time of the Purchaser’s default; provided that the Purchaser may at any time after three (3) years from the time of default, give notice in writing to the City requiring the City to exercise the option to repurchase the Land as aforesaid. If, after receiving such notice from the Purchaser, the City does not exercise its right to repurchase the said Property by giving notice in writing of such intention within ninety (90) days of receipt of the said notice from the Purchaser, then the City’s right to repurchase the said Property under the provisions of this paragraph shall terminate and the City shall sign and deliver to the Purchaser a full and final release of said option. Save as to the requirement as to the time of construction, all other covenants made on behalf of the Purchaser herein shall in any event continue in full force and effect. CITY ECONOMIC OF 53 DEVELOPMENT CAMBRIDGE DIVISION
Page 1 and 2: ECONOMIC DEVELOPMENT DIVISION CITY
Page 3 and 4: SITES AND BUILDINGS TABLE OF CONTEN
Page 5 and 6: SITES AND BUILDINGS FOREWARD This p
Page 7 and 8: SITES AND BUILDINGS CAMBRIDGE INDUS
Page 9 and 10: SITES AND BUILDINGS CITY-OWNED INDU
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Page 13 and 14: SITES AND BUILDINGS PINEBUSH INDUST
Page 15 and 16: SITES AND BUILDINGS 649 375 Sheldon
Page 17 and 18: SITES AND BUILDINGS PINEBUSH INDUST
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Page 27 and 28: SITES AND BUILDINGS CITY 25 ECONOMI
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