Business and innovation | February 12, 2015
Proposed updates to City planning policies for the Sheridan Park Corporate Centre should bolster the number of companies in Mississauga’s growing science and technology sector.
“I’m pleased and excited that the City is moving forward with plans to update Sheridan Park Corporate Centre. It’s time to build on the past successes of this innovation hub,” said Ward 2 councillor Karen Ras. “There are great opportunities to support existing businesses in the park, and to build new partnerships with innovative companies and post-secondary research institutions like UTM and Sheridan College. It is investments like these that can add new, high-paying jobs and vibrancy to the area,” she added.
A new master plan recommends updates to the City’s land use planning framework based on extensive consultations with businesses located there. The proposed changes will infuse some flexibility for types of businesses that can provide the support a science and technology hub needs.
City Council approved a staff request to send the draft plan to business owners in the park and the nearby community for review. Comments received will help staff draft changes to the Mississauga Official Plan and the Zoning By-law.
Proposed changes expected in the spring of 2015 will be scheduled for review at the Planning and Development Committee and City Council.