Apparent Hovering Market For Growth

International and home-grown developers are showing more and more interest in the already well-known market, Brampton’s downtown core.

“Available land is only one of the reasons that downtown Brampton is now so attractive to business and investors”, Anthony Wong, Manager of the Central Area, said. “We are seeing major public investments in healthcare, education and amenities like Riverwalk”.

Brampton, already popular, seems suspended for more growth with the increasing interest.

The average price for a home in the city sold for $733590 in May – that was up 31.7 per cent from $557009 a year ago.

The $530 million Peel Memorial Center for Integrated Health and Wellness is opening this month.

In other to create jobs, residential development and interest from real estate investors, the city plans to construct a flopping health and sciences community around the center.

The up-and-coming behavior of the market is the reason why Atlas Healthcare chose Brampton.

City of Brampton Expeditor Paul Aldunate helped facilitate the building of the center. He occupies a newly created role which aim is to work across all the sectors and ease the cooperation of municipal services and the business community.

“We needed to find out the needs of this community and what the shortcomings were in order to better service the City of Brampton”, Domenic Trotta of Atlas Healthcare said. “Through Paul’s role, he was able to bring this information to us, to help us better understand how our new medical center can make up for these drawbacks, and play a role in providing better healthcare for Brampton”.