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TOWN OF CALEDON EMPLOYMENT LAND NEEDS STUDY

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8-5<br />

3. Tullamore and the Remaining Rural Area<br />

3.1 A total of 148 vacant net acres (60 ha) of serviced employment lands have been<br />

identified within the Tullamore Industrial Area. Based on an average absorption of 12<br />

net acres (5 ha) per year in this area, a minimum additional 150 net or 210 gross<br />

acres (60 net or 85 gross ha) of employment lands are recommended prior to<br />

2031.<br />

3.2 A total of 61 net gross developable acres (25 net ha) of serviced employment lands have<br />

been identified within the remaining rural area. Based on an average of 2 net acres<br />

per year (1 net ha) in this area, the currently designated supply of employment<br />

lands is adequate.<br />

Watson & Associates Economists Ltd.<br />

H:\caledon\2009 Employment Land Needs Addendum<br />

Report\Employment Land Needs Report_ammended as of November 13 2009.doc

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