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221011 Economic Development Advisory Committee Agendar I 1 The Corporation of the Town of Tillsonburg Economic Development Advisory Committee October 11, 2022 9:00 a.m. Council Chambers AGENDA 1. Call to Order 2. Adoption of Agenda Proposed Resolution #1 Moved by: Seconded by: THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of October 11, 2022, be adopted. 3. Minutes of the Previous Meeting (attached) Proposed Resolution #2 Moved by: Seconded by: THAT the minutes as prepared for the Economic Development Advisory Committee meeting of September 13, 2022, be adopted. 4. Disclosures of Pecuniary Interest and the General Nature Thereof 5. Presentations 5.1.Airport Advisory Committee Chair Presented by: Mark Renaud (attached) Page 1 of 2 5.2. Monthly Activity Update (attached) 6. Planning Items Circulation 7. Community Strategic Plan 7.1. Town Hall Task Force 7.2.Affordable and Attainable Housing Committee 7.3. Boundary Adjustment Committee 7.4. Physician Recruitment and Retention Committee 8. Community Organization Updates 8.1. Downtown Business Improvement Association 8.1.1. Report from BIA Chair ED10-01 (attached) 8.2.Tillsonburg District Chamber of Commerce 8.3.Tillsonburg District Real Estate Board 8.3.1. September 2022 Statistics (attached) 9. Round Table 10. Next Meeting To be discussed 11.Adjournment Proposed Resolution #3 Moved by: Seconded by: THAT the October 11, 2022 Economic Development Advisory Committee meeting be adjourned at a. m. Page 2of2 r I 1 The Corporation of the Town of Tillsonburg Economic Development Advisory Committee September 13, 2022 7:30 a.m. Present: Andrew Burns, Cedric Tomico, Dane Willson, Councillor Deb Gilvesy, Kirby Heckford, Lisa Gilvesy, Mayor Stephen Molnar, Steve Spanjers, Suzanne Renken, Randy Thornton Staff: Kyle Pratt, Chief Administrative Officer; Cephas Panschow, Development Commissioner; Laura Pickersgill, Executive Assistant/Assistant Clerk Regrets: Jesse Goossens MINUTES 1. Call to Order The meeting was called to order at 7:31 a.m. 2. Adoption of Agenda Resolution #1 Moved by: Lisa Gilvesy Seconded by: Cedric Tomico THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of September 13, 2022, be adopted. Carried 3. Minutes of the Previous Meeting Page 1 of 5 Resolution #2 Moved by: Suzanne Renken Seconded by: Dane Willson THAT the minutes as prepared for the Economic Development Advisory Committee meeting of July 12, 2022, be adopted. Carried 4. Disclosures of Pecuniary Interest and the General Nature Thereof There were no disclosures of pecuniary interest declared. 5. General Business and Reports 5.1. Terms of Reference The words "the" before the three bullet points under the mandate need to be removed. The second paragraph with the word "related" needs to be amended to "relates". Laura will collect any further changes by email from members. Kirby Heckford joined at 7:35 a.m. 5.2. Monthly Activity Update Cephas Panschow provided an overview of the monthly activity update for economic development. Staff to gather more data on the historical number of jobs available in the past and how many people are employed who fall under the working age in the local area. Steve Spanjers joined at 7:43 a.m. There was a discussion regarding environmental concerns at VanNorman Innovation Park due to its location near a landfill. It was suggested that a more recent phase two environmental study needs to be completed. It was also suggested that the contractor doing the testing at the greyfield site could do the testing at this site. Provincial government representatives are aware of this issue and are working with Town officials. It was suggested to focus on what the Ministry of Environment needs and provide ideas such as: doing bore holes along the perimeter of the property. 5.3. Van Norman Innovation Park- Roadmap Cephas Panschow provided an overview and status update of the future phases Page 2 of 5 of VanNorman Innovation Park. It was suggested that someone be hired internally to do these projects rather than a third party consultant. It was also suggested that this be shared with Kim Husted Surveying and the absolute title could be done right away. Some members preferred Concept A over B due to the layout of the streets. Resolution #3 Moved by: Dane Willson Seconded by: Kirby Heckford THAT the Economic Development Advisory Committee recommends to Council that the Town investigate hiring a project manager to handle the future phases of industrial land development. Carried 5.4.Tillsonburg Airport Discussion It was suggested that the airport could better contribute to the economic vibrancy of the Town. This item to be brought to a meeting once the Marketing Plan has been completed by Loomex. The Chair of the Airport Advisory Committee to be invited to the next meeting to discuss initiatives going on at the airport. 6. Planning Items Circulation There were no planning items for circulation on this agenda. 7. Community Strategic Plan 7.1. Town Hall Task Force Laura will circulate the report on the update of goals in the Community Strategic Plan. Cephas noted that bore holes have been dug at the greyfield site. 7.2.Affordable and Attainable Housing Committee 7.2.1. The last scheduled meeting did not have quorum. It was noted that the Oxford County Housing Plan includes available lands for potential future development of affordable housing. Page 3 of 5 7.3. Boundary Adjustment Committee The next meeting is scheduled for September 20, 2022. 7.4. Physician Recruitment and Retention Committee The next meeting is scheduled for September 20, 2022. Laura provided a previous report on the items discussed at the County Physician Recruitment Committee. Laura will circulate the Committee's Terms of Reference. There was discussion about the concept of a new medical clinic in Town. It was noted that typically new doctors don't want to operate the business side of operations. 8. Community Organization Updates 8.1. Downtown Business Improvement Association 8.1.1. Report from BIA Chair ED09-01 Cedric noted that the Events and Marketing Coordinator job has been posted for the BIA. There was a question regarding businesses that fall outside of the BIA boundaries. 8.2.Tillsonburg District Chamber of Commerce Suzanne noted that the Awards of Excellence is happening on September 29tH Suzanne mentioned that a report on action in regards to the WSIB changes related to COVID-19 will be brought forward at a future meeting. Municipal candidates' debate is happening on October 12th at the Lions Auditorium. A survey is available to be completed ahead of the debate to assist with guiding the discussion of the debate. Eric Gilbert will be discussing zone change applications at the Board meeting tomorrow. Multi -Service Centre Job Fair is happening on October 5tH 8.3 Tillsonburg District Real Estate Board 8.3.1 August 2022 Statistics Page 4 of 5 Dane provided a summary of the statistics provided. 9. Round Table There is development taking place at the golf course and a toboggan hill is being included in the final plan. The Pork Shriners BBQ is happening tomorrow night. Westfield Public School surplus lands are going through the notification process. The developer of lands across from the Station Arts Centre is presenting at the September 26th Council meeting. The Oxford County Fan tour to promote opportunities is happening next week. 10. Next Meeting October 11, 2022 at 7:30 a.m. 11.Adjournment Resolution #4 Moved by: Kirby Heckford Seconded by: Dane Willson THAT the September 13, 2022 Economic Development Advisory Committee meeting be adjourned at 9:23 a.m. Carried Page 5 of 5 YTB...................... Tillsonburg Regional .......................... Airport Presentation to ECDEV Tuesday, October 11 t", 2022 Committee update The committee is actively working with town staff + stakeholders on priority items including implementation of best - practices Airport on-site walk-through was held with members of the committee + other stakeholders October 3rd Providing input into capital planning + operational improvements for 2023 FY Capital projects — a list of items for further consideration by Town Council in 2023 Expanding the width of the main taxiway to facilitate safer movement of aircraft + to accommodate larger aircraft t3 gro onfinue Additional hangers under construction — 2 at present on taxiway G2 Waiting list for hanger space — Airport Manager has a list of interested parties Three additional new hangar applications have been submitted Traffic and fuel sales continue to increase vs. prior year Stakeholder events continue to attract large number of guests Two additional parties have expressed interest in new hangars with applications pending Flight training organization has 20 students currently enrolled in ground school rO i..Uffefli improveme oroaress Trees and stumps have been removed at the threshold of Runway 26 One large tree has been removed in the approach zone to Runway 08 Centrelines to be painted on all taxi -ways by town operations staff by end of October Summary & final words YTB continues to attract traffic + significant investments Flight school is busy + thriving under new ownership by Don Huras Capital improvements have laid the groundwork for future successes There is great teamwork between Town staff, the committee and airport stakeholders Blue skies ahead! a'�d��"'rFuy' :.k' • 3q?;" �:,. ����+_�Si'h �:`'iFim::���,4-`�`�i�'.'•i.�:.��.�.� ��� s n Monthly Activity Update — (October 2022) Prepared for the Economic Development Advisory Committee Project Name/Reference Status Future Industrial Growth Avison Young reviewing 200 Broadway Ground Lease, providing an opinion of value, and preparing a listing consideration for excess lands at 60 Cedar St. High Tech Manufacturing Sub -cluster Action Plan Next event tentatively scheduled for October 27. Lead Generation 53 lead opportunities (+4) opened year to date Post -Secondary Education Enhancements Project to raise awareness of all the local options for employment for high school/older youth who who may be considering returning underway with MSC. MSC recruiting for the coordinator position. Town Hall Project Phase 2 Environmental Site Assessment received from A&A Environmental Consultants of Woodstock. Van Norman Innovation Park Two pronged (political and administrative) approach to having the Provisional Certificate of Approval removed from title undertaken. Mayor has been able to get confirmation that the Provisional Certificate is now able to be removed from title, subject to the Town/their agent meeting the now reduced information requirements of MECP. A meeting between the Town/Consultant/MECP/legal advisors was held Oct 3 to confirm the information required and then move forward to receive MECP approval, and removal of certificate. 2 Simcoe St The property owner has decided to demolish the existing building. Discover Tillsonburg Spring 2022 issue is being replaced with a pull-out section in the Tillsonburg News 1501h Anniversary edition with a magazine edition returning in the Fall. Job Market Pulse Per Workforce Planning Board for Elgin, Middlesex & Oxford data, the following is a summary of the jobs available in Tillsonburg and Oxford: 594 jobs posted with 362 new last month (July) Tillsonburg Jobs Data - versus 603 jobs posted with 378 new jobs this https:Hdatastudio.google.com/reporting/lc53041 d- month (August) 4d 1 b-4e6c-a8b 1-5587d32994de/page/ng76?s=n- gA4oUGKeo Oxford Jobs Data - 2,735 jobs posted with 1,500 new last month https:Hdatastudio.google.com/reporting/1 c53041 d- (July) versus 2,875 jobs posted with 1,736 news 4d1b-4e6c-a8b1- jobs this month (August) 5587d32994de/page/ng76?s=ux-mzlBHCEk Note: Awaiting total number of jobs info from workforce planning board Other Items: Oxford Connection Familiarization (Real Estate) Held Sep 21/22 with over 40 participants. Tour Generated 3 leads already. MSC/Town Fall Job Fair Stronger attendance than in spring with more diversity of jobs and candidates. Waiting list of approximately 10 companies. MSC has expanded their efforts to market and host the job fair (in partnership with the Town). National Economic Development Association of Attended with Town receiving award for Canada Conference Wayfinding Signage Update Project DOWNTOWN TILLSONBURG Bnsir<ess Improvement area Report from BIA Chair - ED09-01 To: Economic Development Advisory Committee From: Cedric Tomico - DTBIA Chair Date: October 6t", 2022 Subject: DTBIA business update The following status report is provided to the ECDEV Advisory Committee: Financial/budget: - The Board of Management has approved the 2023 Budget & Business Plan which features the theme: "The Next Dimension" which continues to build on our successes. - The core financial plan in 2023 continues the evolution of the BIA with a per -member increase of 1.3% which is significantly less than the CPI. - There are important and notable investments in public realm assets. - A major fundraising campaign to raise monies for the purchase of new Christmas lights with a target of $55,000. To date and before any public marketing of this initiative; there have been $6,000 in donations received. - A final recovery of previous year's tax adjustments is included in 2023. - A 10 -year capital and operating plan has been provided to the Town of Tillsonburg. - The Executive Summary of the 2023 Budget & Business Plan is attached for your review. Operations & Beautification: The team has been actively transitioning the summer flower displays to the fall festive theme in addition to slowly removing + storing some of the outdoor/node furniture for the season. Additional weeding has been completed along the Lisgar Ave. and Harvey St. corridors. The small pots are being gathered and stored for the winter season. This will be completed by October 15tH The increase in migrant workers shopping downtown has created additional challenges for waste management. We plan to purchase and install new waste management receptacles near the Clock Tower in 2023. We continue to monitor and correct the plethora of errant shopping carts in the BIA zone. Page 1 of 4 DOWNTOWN TILLSONBURG Bnsir<ess Improvement area Membership update: There are continued parking challenges given that the main parking garage remains closed. There is no estimated date of re -opening. Note: TSSA has been on strike since early July which has affected project completion. We continue to support the 265+ members including promotion of the recent job fair + providing resources and information where needed. We are actively reaching out to all businesses in the BIA zone and beyond to market and support applications for the Digital Mainstreet program. Ashley Blatz is our Digital Service Squad leader who has pivoted to this responsibility until May of 2023. Recent DMS programming qualifications have been adjusted so that the minimum 1 -employee requirement has been removed effective immediately. This will allow additional small businesses to be eligible to received $2,500 in program funding if they meet all the criteria. FaSade Improvement Program/building storefront update: The ED is working with several landlords/businesses on FIP applications. There continues to be issues with existing project completion due to both material and labour shortages. There continue to be interested parties who wish to put their application and/or process on hold until such a time that material and labour costs stabilize or come down - and/or when contractor availability can be assured. The "public art blueprint" which the BIA will consider in 2023 will recommend elements which may dovetail with the Facade Improvement Program. This is also contained within the 2023 business plan document as attached. Human Resources: The BIA assisted the Town of Tillsonburg and MSC on the October 5t" job fair. There were 150 +/- active participants who attended. The employer tables were at maximum capacity. There was very positive feedback on the event, and we received many positive comments about the care and condition of the downtown area. We have been able to fund 3 additional part-time ambassadors through staged terms from now until early in 2023. These are fully funded positions through the Tillsonburg Multi - Service Centre. Interviews for the vacant EMC position are being scheduled in the next 10 days with additional candidates showing interest at the job fair. The board approved the 2023 business plan which also features a slight increase in the team complement of 0.27 FTE which supports the business plan elements. There is active interest by businesses on both the North Broadway and Simcoe Street areas to plan for new BIA's in those areas. This may be an opportunity for the DTBIA to provide resources and staffing under a service agreement. This is driven by those busineses. Page 2 of 4 DOWNTOWN TILLSONBURG Bnsir<ess Improvement area Events & Marketing: We continue to schedule and post content for social media. There are areas of improvement which are driven by the lack of an EMC at present. The next events to be planned for are as follows: 1) Support for the November 11th Remembrance ceremonies; 2) Support for the Christmas parade; 3) Planning for the 2022 Christmas Crawl event. As discussed and approved in the 2023 business plan; there are robust initiatives to further support the membership to drive traffic. These included a return the radio airwaves; the introduction of a VISA -based gift card program; a digital texting platform and the return of TURTLEFEST. 2023 will be a busy year and it is contemplated that there will be continued recovery from the depths of the pandemic and the remaining impacts. There are manpower challenges throughout the BIA membership which limits many businesses from maximizing their marketing and advertising efforts. OBIAA update: Many concerns and issues are being regularly reviewed with various levels of government not unlike the advocacy efforts of the Tillsonburg District Chamber of Commerce. The OBIAA has various committees that target common challenges. The biggest issue at present are the severe impacts being felt in many BIA's of acute homelessness and encampments. ED work plan & progress: Many initiatives and ongoing projects to date: 1) Participation in the October 5th job fair. 2) Attendance at community events including the Station Arts Annual Gala; TDCC Awards of Excellence, etc. 3) Planning + work outputs for the 2023 Turtlefest event are underway. 4) 7 meetings held with various stakeholders to ensure proper content in the 2023 budget and business plans. 5) Follow-up with the Town of Tillsonburg & other stakeholders; to facilitate with Cushman & Wakefield a high-quality feasibility study for a select -service hotel to be located in downtown Tillsonburg. 6) Weekly involvement with OBIAA best -practices calls is ongoing. Page 3 of 4 DOWNTOWN TILLSONBURG Bnsir<ess Improvement A- 7) Research and effort to secure positive outcomes with additional grant applications from various partners at the municipal, provincial, and federal levels of government. 8) Undertake design specifications for "made-in-Tillsonburg" new BIA assets for installation in 2023 once approved at the AGM and by the new Town Council. 9) Met with town operations staff on several BIA issues. 10) Met with town staff on assessment of trees in the downtown core area. 1 1)Attended a site visit with the Board Chair at the new Hyatt Place hotel and convention centre on Hurontario Street in Mississauga. General information: The ED continues to work with many stakeholders to share information of mutual interest. The ED will be taking further steps to prepare for and execute the upcoming Annual General meeting to be held at the Tillsonburg Legion on Wednesday, November 23rd, 2022. Governance: Brandon Thompson of True North Cannabis Co., (aka TNCC), attended his first BIA meeting on September 28tH As discussed last month; there will be elections for the new board to be held following the municipal election on October 24th. The process will be outlined and communicated to members upon consultation with the Clerk of the Town of Tillsonburg. The ED will act at the Returning Officer and manage the process like what is done at the municipal, provincial, and federal levels. The current board serves until January 1St, 2023, or until their successors are elected and subsequently appointed via by-law as per the newly elected town council. Summary: The team continues to focus on execution of the business plans and preparing for the AGM on November 23rd Questions and/or comments as well as suggestions are welcomed. Page 4 of 4 0 J L] 0 61 #I Lai 2023 Budget & Business Plan Executive Summary DOWNTOWN e TILLSQNBURG Business Improvement Area The Next Dimension Continuous Improvement Implementation of best - practices Build on Contagious Enthusiasm Downtown Master Plan Minor Adjustment to BIA Zone Boundary Leveraging Resources DOWNTOWN TILLSQNBURG Business Improvement Areo 10 -year Operating & Capital Plan Renewal of Assets Partnership Development Building on our proven successes: 0 0 0 0 0 What we are doing, together, is working. Downtown is the location of choice. Record $'s from non -levy funding. Record downtown employment. Increases in vehicle/pedestrian traffic. DOWNTOWN t TILLS®NBURG Business improvement Area UAIV A_r. DOWNTOWN TI LLSQ N BU RG Business Improvement Area Downtown Master Plan is BIA boundaries are no longer fully relevant. • Refer to the 2012 Central Area Design Study (Brook-Mcilroy). • Right place, right time. is Engagement with all stakeholders to ensure buy -in from the parties. 10 -year Capital & Operating Plan ✓ Provides a template for decision-making by the Board of Directors. ✓ Ensures resilience of the organization. ✓ Ensures asset management. ✓ Provides the membership with a predictable forward-looking cost of their levy for budgeting purposes. DOWNTOWN TI LLSQ N BU RG Business Improvement Area Impacts o f record population growth: 2nd fastest growth in Ontario & 3rd fastest growth in Canada of any CA or CMA DOWNTOWN TI LLSQ N BU RG � 8-M— improvement Area (Rank _ (2[ 21) Rank (2016) Geographic name Province hype v Population _ Population (2021)[71 'w (2016) Change — 103 110 Squamish l asaga Beach Tillsonburg Canmore British Columbia CA 24,232 19,898 I +21-81% 109 107 Ontario CA 24,862 20,675 +20.25% 110 125 Ontario Alberta British Columbia CA 18,615 15,872 +17.80 128 135 CA 15,990 18,992 +14.28% 0 22 Kelowna Collingwood Woodstock CMA 222,162 194,8921 +18.990% 192 105 Ontario CA 24,811 21793 +13.85% 66 71 Ontario Yukon British Columbia Quebec CA 46,705 41,098 +13-64% 88 92 Whitehorse CA 31,913 28,225 +18.07% 37 40 Chilliwack Cowansville Steinbach CMA 118,767 101,512 +12.07% 189 138 CA 15,234 18,656 +11.56% 125 125 Manitoba CA 17,806 16,022 +11.13% 86 98 Centre Wellington Ontario British Columbia CA 31,098 19,701 28,199 1 -1-10-29% 112 129 Salmon Arm CA 17,904 +19.06% 35 35 Nanaimo British Columbia CMA 115,459 1 104,986 +10-03% Highlights of the 2023 financial plan DOWNTOWN - I TI LLSQ N BU RG E�_ i Business Improvement Area ✓ Per member increase of 1.3% vs. 2022 = $7.67 per member. ✓ Final recovery of prior year's tax adjustments: $13,507. ✓ $4,871 of $9,193 increase in the levy -funds CAPEX. ✓ Maximizing stakeholder relationships to drive revenues. ✓ Investing in public realm infrastructure. ✓ $55,000 fundraising target to purchase new Christmas lights. Strategic partnership development: TILL OI BURG DISTRICT Chamber of Commerce GOOD " REDDEN KLOSLER ((O*xfordCounty Growing stronger together TURTLEFEST OBITIM M ONTARIO BUSINESS I MFRI-EMENT AREA ASSOCIATION 1073 COUNTRY 4*1_ TILLS00*1--.4BUIZG TOWN CENTRE STATION oA RTS CENTRE '•'-'�MIJNIF Y & HERITAGE STRATHALLEN Property r.+orrogemenr Irsc. Red E51,ARUr kemge lizuof Ali A I 9,fj Mu RrA MENTREERVICE TILLSONBURG GARDEN GATELTD. DEVELOPMENTS � �pRTICU�TG� o ll Green Theory' �s,�- ��� TM NETWORK BOSSY NA Y GROUP P Chartered Professional Accountants Canada#s /obeyFamily <� nu -decor Transln�rmhg ef Leveraging relationships to drive member profitability while reducing costs DOWNTOWN � ■ TILLSQNBURG Business Improvement Area ✓ Rogers Radio: contra agreement with Country 107.3 + 101.3 Easy - $5,000. ✓ Pop-up shops + venues to drive traffic. ✓ Seamless execution of Tillsonburg Town Centre activities, promotions + contests. ✓ Leadership to deliver the best Turtlefest ever! ✓ Expanding # + depth of partnerships. The Team & Human Resource Development Human Resources and Social Development Canada i 0. runorA CENTREERVICE DOWNTOWN TILLS � NBURG M Business Improvement Area ✓ Net increase of +0.27 FTE. ✓ Implement DTBIA specific policies& procedures. ✓ Ensure success with the new EMC team member. ✓ Maximize MSC Employment Services. ✓ Continue to pursue non -levy funding to support any possible additions to the team. v' Thank -you to our funding partners! 2023 Marketing Plan ✓ Return to the radio airwaves. ✓ Implement aVISA-based gift card. ✓ Implement a SMS platform. ✓ Seamless marketing activities with the Tillsonburg Town Centre. ✓ A -frame signs - purchase more. ✓ TURTLEFESTJ OTH anniversary in 2023. ✓ Tourism Oxford: maximize events. DOWNTOWN TILLSQNBURG Business Improvement Areo COUNTRY 7 DOWNTOWN - TI LLSQ N BU RG Business Imp ravena , Area Building additional e-commerce + digital capabilities • Implementation of a unified gift card program - "HELLO" pre -paid Visa card programmed to be used only at DTBIA merchants - this is proven in Quebec with SDC's (Quebec nomenclature for BIAS • Lead digital transformation: approved digital service squad leader in place for 2023 to assist the membership in DMS applications for IT software & hardware • Implementation of a programmable SMS/texting platform for instant communication which can also be enhanced with other digital tools. Hello. NETWORK DIGITAL MAIN STIJ, •09 • twil 2023 Beaut*f*cations DOWNTOWN T ILLSVINBURG Business Improvement Area ✓ Continue all successful elements pRTIC(i�TG including clusters. v' Fundraising campaign for new m Christmas lights. os v' Increased maintenance of back alleys. ✓ Take over Clock Tower area. ✓ New fall assets + presentation. TILLSONBURG ✓ Installation of new banner brackets +��' `' rl GARDEN flags/banners on Oxford Street. =� GATELTD. Proposed Fall planters 2023 ✓ Elevating our downtown aesthetics from September 15 through November 15 with a higher quality display. ✓ Only the 12 large pots and 1 medium pot will be converted to the obelisk design theme. ✓ The Broadway Plaza will be decorated with a fall festive theme including straw bales, flowering cabbages etc. DOWNTOWN TILLS(rNBURG 8-m— Imp...em ., A— SDonsored banners: DOWNTOWN w- TILLSQNBURG Business Improvement Area 2023 Public Realm ✓ Procure + install new assets. ✓ Procure + install new Christmas lights. ✓ Development of a public art policy + framework. ✓ Public competition for 1St downtown mural. ✓ Initiatives to drive economic prosperity. ✓ Partner with Green Theory Design - "buy local" DOWNTOWN TILLSQNBURG ® Business Improvement Area Green Theory' New Christmas Li hts - fundraiser ✓Target funds to be raised: $55,000 ✓Campaign to be initiated in Ql to ensure funds are raised for 2023-2024 winter/Christmas season. ✓Stakeholder engagement = best practices. ✓Sub -committee of the board is suggested. ✓First donation commitment of $5,000. DOWNTOWN -- TI LLSON BU RG Business Improvement Area Public Art: ideas for discussion M-1 . . I . I' PUBLIC ART - B L U E P R I N T DOWNTOWN TILLSQNBURG i Business Improvement Area Summary: ✓ The DTBIA is well-positioned for success. ✓ New initiatives to be implemented, further support the membership to drive traffic, sales+ profitability. ✓ Continued investments in public realm elements. ✓ Building a resilient organization that will transcend the current team leadership + board. ✓ Developing new + strengthening all stakeholder partnerships to drive efficiency + operational expertise. oowNrowN — TILLS N BU RG Business Improvement Area Client Thumbnail Active / Commercial Sale Property Client Thumbnail 127 BROADWAY St Tillsonburg, MLS®#: Region: Municipality Area: Neighbourhd/SubDist Property Sub Type: Business Type: Waterfront Y/N: 40243733 Oxford Tillsonburg Tillsonburg Building and Land No MLS® #:40243733 Price: $859.000.00 Bldg Area Total: 9,506 Lot Size Area: 4,561.00 Lot Front: 27.23 Lot Depth: 167.50 Tax Amount: $8,077 Tax Year: 2021 Commercial investment opportunity. Retail/office property located in the prime core area of downtown Tillsonburg, next to RBC Bank. Spacious display area of combined total of approximately 6889 sqft located on main floor and lower level. New heating and A/C in 2021, main roof installed in 2016 and second floor roof installed in 2013. This well maintained property features spacious open unencumbered display/office area. Second floor has administration and clerical area. Ample street level and municipal parking nearby. Building is currently occupied by retail men's and ladies store in front as well as a small beauty parlor in back. Building, freight delivery and beauty parlor have rear entry access at alley. Client Thumbnail 31 Clearview Dr Tillsonburg Active / Commercial Sale MLS®#: Region: Municipality Area: Neighbourhd/SubDist Property Sub Type: Business Type: Waterfront Y/N: XH4143919 Oxford Tillsonburg Tillsonburg Industrial No MLS® #: XH414391! Price: $2.990.000.00 Bldg Area Total: 4,000 Lot Size Area: 9.71 Lot Front: 180.00 Lot Depth: 321.00 Tax Amount: $4,345 Tax Year: 2021 State Of The Art Health Canada Licensed Craft Micro Cannabis Cultivator Located In Tillsonburg. Advanced Aeroponic Vertical Towers In Flower Room & Clone Room. Deep Water Culture In Mother Room. Recognized As The Most Efficient Cultivation Method On The Market. Some Of The Benefits Include: Better Supply Of Oxygen & Nutrients At Root Level Producing Exceptional Growth, Less Conducive To The Development Of Insects, Harmful Bacteria, Viruses & Fungi. No Expense Has Been Spared In This Meticulously Maintained Cannabis Facility. Fully Fenced/Gated Facility. Room For Expansion Possible. Huge Growing Achieved In Small Footprint, Produces Stronger, Healthier Plants With Maximum Yields. Plants Mature Faster Which Improves Productivity. 24 Vertical Towers Equates To 6336 Plants That Can Be Harvested In Each Grow Period. * Other Heating is Fan Coil* Client Thumbnail 60 CEDAR St Tillsonburg Active / Commercial Sale MLS®#: Region: Municipality Area: Neighbourhd/SubDist Property Sub Type: Business Type: Waterfront Y/N: 40300104 Oxford Tillsonburg Tillsonburg Building and Land No MLS® #:40300104 Price: $5,400,000.00 Bldg Area Total: 71,400 Lot Size Area: 9.71 Lot Front: Lot Depth: Tax Amount: $25,586 Tax Year: 2022 Over 71,000 sq.ft building on 9.7 +/- Acres in Tillsonburg. Approximately 8400 sq.ft. is office space divided in multiple offices. Approximately 63000 sq.ft. of warehouse space with 15 feet clearance under the lights. Warehouse has updated LED lighting with motion sensors that will turn on lights automatically when motion is detected. Warehouse and offices are equipped with overhead sprinkler system. three overhead doors at dock level and five (12' x 12) overhead doors at drive in level. Multiple entrances. The MG -4 Zoning Permits A Wide Range Of Uses. Approximately 25 minutes to the 401. No Sunday Showings. Protected by copyright. All use of MLS® System data is at your own risk. Information is deemed reliable but Information Technology Systems Ontario makes no warranties or representations regarding the MLS® System data. TILLSONBURG DISTRICT REAL ESTATE BOARD MLS® ACTIVITY FOR THE MONTH ENDING September, 2022 for "Tillsonburg District' definition see Region & Municipality below. RESIDENTIAL SALES BY PRICE CATEGORY Accum. Accum. 2022 TTL 2021 TTL YEAR TO DATE Month Reporting 2021 $ - $299,999 MONTHLY 38 5 2022 2021 % Difference 2022 2021 % Difference $ value of Total Units Sold $875,409,057 $968,856,686 -9.65% $64,669,400 $106,838,440 -39.47% $ value of Residential Units Sold $703,489,730 $817,194,773 -13.91% $55,709,400 $95,604,440 -41.73% $ value of Other Units Sold $171,919,327 $151,661,913 95 $8,960,000 $11,234,000 $900,000 - $999,999 Total # of Units Sold 1138 1538 -26.01% 106 173 -38.73% # of Residential Units Sold 995 1334 -25.41% 96 155 -38.06% # of Other Units Sold 143 204 2 10 18 Total # of New Listings 2334 1959 19.14% 293 207 41.55% Total # of New Residential Listings 1948 1635 19.14% 249 177 40.68% Total # of Other New Listings 386 324 44 30 Total # Currently on Market See Monthly Numbers 599 # of Residential Currently on Market See Monthly Numbers 443 # of Other Listings Currently on Mkt See Monthly Numbers 156 RESIDENTIAL SALES BY PRICE CATEGORY Accum. Accum. 2022 TTL 2021 TTL Month Reporting 2022 Month Reporting 2021 $ - $299,999 22 38 5 5 $300,000 - $499,999 187 407 32 56 $500,000 - $599,999 189 316 32 33 $600,000 - $699,999 178 212 9 19 $700,000 - $799,999 140 137 5 14 $800,000 - $899,999 108 95 3 7 $900,000 - $999,999 66 46 3 8 $1,000,000 - 1,099,999 29 26 3 4 $1,100,000 - 1,199,999 15 19 2 4 Over - $1,200,000 61 38 2 5 AVERAGE RESIDENTIAL SALE PRICE 2022 2021 % Difference MONTH $580,306 $616,803 -5.92% YTD $707,025 $612,590 15.42% Region: Elgin, Oxford, Norfolk Municipality: Tillsonburg, Norwich Twp, SW Oxford, Bayham, Charlotteville, Delhi, Houghton, Middleton, N Walsingham, S Walsingham, Port Rowan, Town of Simcoe, Windham All YTD Totals may not match the month to month cumulative total due to continuous, live updates of data combined with permitted timing of entry. The information only represents MLS® listings sold and reported through ITSO. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, the Tillsonburg District Real Estate Board does not assume any responsibility or liability Monthly Activity Update — (October 2022) Prepared for the Economic Development Advisory Committee Project Name/Reference Status Future Industrial Growth Avison Young reviewing 200 Broadway Ground Lease, providing an opinion of value, and preparing a listing consideration for excess lands at 60 Cedar St. High Tech Manufacturing Sub -cluster Action Plan Next event tentatively scheduled for October 27. Lead Generation 53 lead opportunities (+4) opened year to date Post -Secondary Education Enhancements Project to raise awareness of all the local options for employment for high school/older youth who who may be considering returning underway with MSC. MSC recruiting for the coordinator position. Town Hall Project Phase 2 Environmental Site Assessment received from A&A Environmental Consultants of Woodstock. Van Norman Innovation Park Two pronged (political and administrative) approach to having the Provisional Certificate of Approval removed from title undertaken. Mayor has been able to get confirmation that the Provisional Certificate is now able to be removed from title, subject to the Town/their agent meeting the now reduced information requirements of MECP. A meeting between the Town/Consultant/MECP/legal advisors was held Oct 3 to confirm the information required and then move forward to receive MECP approval, and removal of certificate. 2 Simcoe St The property owner has decided to demolish the existing building. Discover Tillsonburg Spring 2022 issue is being replaced with a pull-out section in the Tillsonburg News 1501h Anniversary edition with a magazine edition returning in the Fall. Tillsonburg District Real Estate Board Housing Market Update for 5eptember2022* *Based on residential data from the Tillsonburg District Real Estate Board MLS® System. All percentage changes are year -over -year comparisons. UHome sales down 38.1 % Homesales numbered 96 units in September 2022, down 38.1% compared to the 155 units sold in September 2021. i _ FOR SALE iti` �LD Tillsonburg District 91 REAL ESTATE BOARD Market balance At the end of September 2022, the market was well balanced, favouring neither buyers nor sellers. L--------------- I -------------- 00 New listings up 40.7% Benchmark price up 715% The benchmark price was $610,600 in September 2022, up 7.5% There were 249 new listings added in September from $568,100 in September 2021. 2022, up 40.7% compared to the 177 listings added. in September2021. CREAACI For more information visit www.creastats.crea.ca/board/TILL The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.