Burlington Economic Development Corporation (BEDC), retained the service of Deloitte LLP to prepare a study entitled “Burlington & GTA Suburban Office Market Analysis”.
The purpose of the study was to assist BEDC in its role to provide guidance in the development of City of Burlington’s new Official Plan. Key findings from the study are:
- BEDC and Burlington stakeholder must identify and implement creative measure to attract and retain occupiers who would otherwise be drawn to a competing node;
- If the market is left to act freely, Burlington is likely to see lower density, greenfield development;
- Burlington must encourage and embrace the workplace transformation and it’s built-form in order to attract developers and tenants; and
- An implementable strategy will be required to attract further business investment and retention.