Economy motoring along
On May 16th, the City of Hamilton welcomed yet another investment in East Hamilton- Starsky Fine Foods; a 30,000 square foot commercial expansion from Mississauga. The company was very clear that one of the prime reasons for expanding into this area of the community was immediate access to the Red Hill Valley Parkway (RHVP)- the final link in the ring road highway system for Hamilton completed in November of 2007.
Starsky is the latest in a long line of investments in the East end of Hamilton since the opening of the RHVP.
One of the biggest benefactors is the Red Hill Business Park, which is developing quickly along with the general area of the East Hamilton. By just a handful of investments since the opening of the Red Hill Valley Parkway, there have been commercial and industrial developments easily totaling over $500 million. For example:
- Canada Bread- $100 million.
- Maple Leaf Foods- $398 million.
- C-Hotel by Best Western- $12.5 million.
- First Lowe’s in Canada- $21.5 million.
- CARSTAR Head Office- $3 million.
- Fortinos Head Office- $10 million
And the list continues. From east to west, there are a number of business parks in which to invest in Hamilton with outstanding transportation systems, but for more information on the Red Hill Business Park (North or South) in particular, click here.