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Employment & Commercial Review: Preliminary Directions
Report
Livable Oakville (Official Plan) Sub-CommitteeMarch 21, 2016
• Urban Structure Review• Growth Area Reviews • Employment and
Commercial Review• Speers Road Corridor
Study• Stable Residential
Neighbourhoods Review
• North Oakville Secondary Plans Review & Consolidation
• Master Plan Coordination• Discussion Papers &
Technical Reports• Conformity Exercise
Official Plan Review2015 - 2018
Official Plan Review – Major Projects
Employment & Commercial Review
Study Area
North Oakville Secondary Plan Area
Livable Oakville Plan Area
Livable Oakville Plan
Area
Employment & Commercial Review
Study Objectives
• Confirm the town’s employment and commercial land supply and ability to meet projected needs to 2041
• Assess the current employment generating land use designations and policies
• Provide policy directions to facilitate the town’s goals and objectives for employment and commercial growth
• Identify any lands that are appropriate for employment land conversions
Conversion Request ProcessJuly 2015 – September 2015
Stakeholder Meeting & Public Open House #1
June 4 & 16, 2015
Fall 2014
Public Comment Period
Q1 2016
Employment & Commercial Review
Study Process
MACROECONOMIC AND DEMOGRAPHIC TRENDS
• Halton Region will be the fastest growing GTAH municipality over the next 25 years
• Strong population growth across the GTAH has fueled steady growth in the retail and food services sectors
• The recession has accelerated the decline in the manufacturing sector and rise of the knowledge intensive and creative economic activity
• Locational qualities that support office sector growth (transit, amenities, and services) play a significant role in attraction/retention of office investment
Employment & Commercial Review
Macroeconomic and Demographic TrendsHighlights
COMMERCIAL LANDS
Employment and Commercial Review
Commercial Lands
• Vacant commercial supply unbalanced (24% south, 76% north)
• Northwest Oakville is ‘under-stored’ relative to the town overall
• N.O. policy framework permissive, but no sites specifically identified for commercial
• Intensification pressure on existing sites• Retail evolving (e-Commerce, consumer pick-up), but
there will still be demand for “bricks and mortar” stores • Population in N.O. will create demand for commercial
space
Existing Vacant Supply of Commercial land
2041 Forecasted Demand Forecasted Shortfall to 2041
251,000 m2 (2,700,000 ft2) 325,000 m2 (3,500,000 ft2) 74,000 m2 (796,529 ft2)
Employment & Commercial Review
Commercial Lands - Highlights
1. Strengthen design policies for mixed use and commercial development
2. Encourage commercial development in the Northwest Retail Zone
3. Promote intensification and redevelopment (commercial uses) of existing built-up commercial
4. Implement policy definitions to ensure commercial uses are developed in North Oakville
5. Develop a monitoring program for commercial and demographic trends
Employment & Commercial Review
Commercial Lands – Policy Directions
EMPLOYMENT LANDS
Employment & Commercial Review
Employment Lands
• Vacant employment land supply is unbalanced (27% south; 73% north)
• N.O. has large parcels, but most are unserviced with limited transit access
• Knowledge-based jobs on the rise in Oakville
• Increased demand for amenities (e.g. retail and service commercial) in employment areas
• Need to think beyond 2041; no more land
Existing Vacant Supply of Employment Land
Forecasted Demand to 2041
638 ha (1,576 acres) 408 ha (1,008 acres)
Employment & Commercial Review
Employment Lands – Highlights
1. Preserve strategically important employment lands beyond the 20 year planning horizon
2. Resist the large scale conversion of employment lands
3. Minor site specific conversions may be appropriate
4. Enhance policy framework around Midtown to promote mixed use development
5. Revitalize the lands around Bronte Go Station
6. Comprehensively plan for an Innovation District surrounding the North Oakville Hospital
7. Recognize the existing function of the Speers Road corridor
8. Direct major office development to priority areas
9. Harmonize the employment land use designations in the Livable Oakville Plan and North Oakville Secondary Plans
Employment & Commercial Review
Employment Lands – Policy Directions
10. Allow for a broader range of service amenities within employment areas
11. Designate additional Business Commercial lands
12. Update policies on land use compatibility
13. Update urban design guidelines for employment uses
14. Encourage employment land intensification
15. Work with the Region to align the tracking for growth with the BPE’s
16. Development a monitoring program
17. Work with Halton Region and other levels of government to identify proactive approaches to providing infrastructure
18. Address inconsistencies between the Region’s Employment Area overlay and the towns employment areas
Employment & Commercial Review
Employment Lands – Policy Directions
EMPLOYMENT LAND CONVERSION REQUESTS
Employment & Commercial Review
Conversion Request – Highlights
4a
17 Requests Received
3 Recommended for Approval (16ha)-Request #4A & 4B – Great Lakes Marketplace-Request #6 – Rio Can Burloak-Request #12 – Star Oak
OPA - Business Commercial-Request #8 – Hans Holding
Conversion Recommended
Business Commercial
Business commercial consideration
Halton Overlay Irregularties
Employment & Commercial Review
Next Steps
Target Date Item
March 21, 2016Preliminary ReportOP Review Sub-Committee Meeting
April 18, 2016Preliminary Report Planning & Development Council
TBD Stakeholder Meetings & Public Open House
Fall 2016 Final Report & Recommendations
Employment & Commercial Review
Questions?