Our Broker Owner Noel Coppins is very much involved in the City of Oshawa and she found out some interesting facts about the current economic state of Oshawa – You will be surprised!!

Here is what Noel shared with us today:

• Our #1 Employment Sector — Education with 6,000 employed, contrary to popular belief that it is still automotive (4,000)
• 2500 Students call downtown Oshawa home — we need more student housing in the core!
• There are over 60 food vendors in downtown Oshawa! We are becoming a foodie district!
• Our academia (not to be confused with macadamia! Stupid pun sorry…) makes up 20,000 full time students spread among 3 universities (UOIT, Trent and Queens) and Durham College.
• The Darlington Nuclear refurb plan will create 2000 jobs.
• Oshawa is 1 of only 3 deep water ports on Lake Ontario! Hello industry growth!!
• Metrolinx bought the Knob Hill Farms site but the province is broke so more to follow on that later…much later…
• Del Monte opened its first Canadian facility in south Oshawa in 2014.
• Our population will balloon over 166,000 in the next 3 short years!
• The Midtown Mall was sold last year and is being overhauled to include a very famous restaurant that features food stations from around the world.
• The Jubilee Pavillion is undergoing renovations to include a year round restaurant.
• The new condo development at Adelaide and Simcoe is a 200 unit, adult/senior lifestyle building.
• The Hoilday Inn Express will be open in 2016.
• The 407 extension to Harmony Rd will be complete by Dec 19,2015; otherwise hefty fines get sanctioned against the construction company.
• Because of UOIT, Oshawa is known globally for it’s tech and science innovation — a quote “We are moving from Blue Collar to Blue Chip”