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industrial parks - City of Cambridge

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INTRODUCTION –<br />

INDUSTRIAL PARKS<br />

SITES<br />

AND<br />

BUILDINGS<br />

<strong>Cambridge</strong> is an “Industrial <strong>City</strong>” with a history rich in <strong>industrial</strong> development dating back to the<br />

1800’s. Planned <strong>industrial</strong> building lots were marketed as early as the mid 1800’s and established the<br />

cornerstone for the momentum in <strong>industrial</strong> development that exists today.<br />

In recent decades, through the efforts <strong>of</strong> the Economic Development Division, the <strong>City</strong> has<br />

developed and marketed parcels <strong>of</strong> <strong>industrial</strong> land to a diverse range <strong>of</strong> manufacturing and service<br />

industries that make <strong>Cambridge</strong> their home. Companies that have established in <strong>Cambridge</strong> are<br />

either locally established entrepreneurial companies, or were established by outside investment<br />

through multi-national corporations. All <strong>of</strong> these companies have grown successfully in <strong>Cambridge</strong>.<br />

The following business <strong>parks</strong> represent three major <strong>industrial</strong> areas <strong>of</strong> <strong>Cambridge</strong>:<br />

� The <strong>Cambridge</strong> Business Park, is a <strong>City</strong>-developed <strong>industrial</strong> park, and<br />

consists <strong>of</strong> 850 acres and is situated north <strong>of</strong> Highway #401 and next to the<br />

400-acre Toyota Motor Manufacturing Canada assembly plant. Its strength lies<br />

in its quick access to Highway #401 and its central location to a large regional<br />

commuter-shed.<br />

� The L.G. Lovell Industrial Park, south <strong>of</strong> Highway #401, consists <strong>of</strong> 1,300<br />

acres <strong>of</strong> land. There are a number <strong>of</strong> <strong>industrial</strong> buildings for sale or lease. The<br />

area has quick Highway #401 access from Highway 24 and Townline Road<br />

exits.<br />

� The Eastern Industrial Park, a built-up 300-acre <strong>industrial</strong> park to the<br />

interior <strong>of</strong> the <strong>City</strong>, still accommodates a range <strong>of</strong> industries from “heavy” to<br />

“high tech” that make an enormous contribution to the <strong>City</strong>’s economic base.<br />

ECONOMIC 4 CITY<br />

DEVELOPMENT OF<br />

DIVISION CAMBRIDGE

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