TOWN OF CALEDON EMPLOYMENT LAND NEEDS STUDY

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AMENDED PAGES Watson & Associates Economists Ltd. H:\caledon\2009 Employment Land Needs Addendum Report\divider.docx
(iii) Demand for Employment on Employment Lands 1. Forecast demand for employment on employment lands in Caledon is well above historical averages (Table 7-1b). Over the end-2006 to mid-2031 planning period, the Town of Caledon is forecast to add a total of 19,174 employees on employment lands, or 767 employees per year. During the 1996 to 2006 period, the Town averaged approximately 430 additional employees on employment lands per year. 2. Approximately 47% of total forecast employment land absorption has been allocated to the South Albion-Bolton Industrial Area, while 33% and 17% has been allocated to Mayfield West and Tullamore, respectively. The remaining 3% has been forecast throughout the remaining rural area. 3. With respect to land demand, the Town of Caledon is forecast to absorb an annual average of 95 gross acres per year (38 gross ha/year) from 2006 to 2031. 4. Average annual absorption rates are forecast to diminish over the forecast period, which is consistent with the employment growth trends for the Town, Region of Peel, and Province. For Caledon, this is largely a result of a declining employment growth rate and increasing employment density over the forecast period. Employment Land Needs The following summarizes long term land needs for employment on employment lands based on forecast demand and net developable supply within the Town of Caledon by settlement area. Recommended future employment land needs (i.e. expansion of designated land) have been calculated in gross acres/hectares (i.e. they include provisions for roads, easements, corridors, stormwater ponds). However, due to uncertainty with respect to location options for future employment lands designations, environmental lands have not been included in the gross employment land area calculations. The following key findings are provided with respect to future employment land needs by settlement area within the Town of Caledon. Watson & Associates Economists Ltd. H:\caledon\2009 Employment Land Needs Addendum Report\Employment Land Needs Report_ammended as of November 13 2009.doc
Page 1 and 2: TOWN OF CALEDON EMPLOYMENT LAND NEE
Page 3 and 4: 2. o The Impact of Low-Density Ware
Page 5 and 6: TOWN OF CALEDON EMPLOYMENT LAND NEE
Page 7 and 8: Introduction Employment Land Needs
Page 9 and 10: Summary of Comments Received Victo
Page 11 and 12: 2006 Census Employment Caledon’s
Page 13 and 14: Recent Development Trends on Employ
Page 15 and 16: Recent Development Trends on Employ
Page 17 and 18: Revisions to Employment Land Employ
Page 19 and 20: Revisions to Employment Land Needs
Page 21 and 22: Revisions to Employment Land The T
Page 23: Revisions to Employment Land Revis
Page 27 and 28: Table ES-1 summarizes the Town’s
Page 29 and 30: 7. TOWN OF CALEDON EMPLOYMENT LAND
Page 31 and 32: 2. Determine the amount of industri
Page 33 and 34: (35 to 60 employees per net ha). Th
Page 35 and 36: TABLE 7-3 TOWN OF CALEDON FORECAST
Page 37 and 38: Net Acres 120.0 100.0 80.0 60.0 40.
Page 39 and 40: 7-10 South Albion-Bolton Industrial
Page 41 and 42: 7-12 o the physical connectivity of
Page 43 and 44: 8. CONCLUSIONS Watson & Associates
Page 45 and 46: 8-2 4. To ensure that the Town’s
Page 47 and 48: employment lands expansion area wit

TOWN OF CALEDON EMPLOYMENT LAND NEEDS STUDY

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