Slate Asset Management has obtained approximately 800 acres of industrial land and structures in Hamilton, Ontario from Stelco Inc.
Slate programs to redevelop the site into a world-class industrial park with the opportunity to create up to 23,000 new employment across the Higher Toronto & Hamilton Region and inject up to C$3.8 billion into Ontario’s economic climate, according to an economic analyze conducted by EY.
Slate claimed the site’s strategic site presents a one-of-a-kind industrial advancement option in North The usa, giveing immediate obtain to the Good Lakes and the St. Lawrence Seaway, the U.S. land border, Ontario’s highway method, on-internet site rail connecting into Ontario’s higher Golden Horseshoe network, as very well as nearby global airports in Hamilton and Toronto.
“Having developed up in the space, Brady and I realize firsthand the historical past and significance this website has had in