all, Temiskaming Shores: A Premier Destination for Commercial Real Estate

Introduction

Temiskaming Shores, located in the heart of Northern Ontario, is an emerging hub for commercial real estate (CRE) investment. With a diverse economy that includes agriculture, mining, and manufacturing, the city is strategically positioned to capitalize on various industry clusters. Its unique geographical location and economic landscape make it a valuable spot for real estate professionals looking to expand their portfolios.

Economic and Industry Overview

Temiskaming Shores boasts a robust economy characterized by key industries such as agriculture, mining, and forestry. The city's agricultural sector is known for its dairy and crop production, while the mining industry benefits from rich mineral deposits in the region. These industries drive demand for a variety of commercial property types, including industrial spaces for processing and logistics, as well as retail outlets serving the local community.

Regional economic development initiatives, such as the Temiskaming Development Corporation, play a crucial role in fostering business growth and attracting investment to the area.

Strategic Location and Transportation Infrastructure

Temiskaming Shores is strategically positioned with access to major transportation networks. The city is connected by Highway 11, providing a vital link to southern Ontario and the rest of Canada. The nearby Earlton-Timiskaming Regional Airport facilitates air travel and cargo transport, enhancing the city's logistical capabilities.

The city's transportation infrastructure offers significant advantages for distribution and access to labor pools, making it an attractive location for businesses looking to optimize their supply chains. Further information can be found on the Ontario Ministry of Transportation website.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Temiskaming Shores includes several key submarkets:

• Central Business District (CBD): Offers a mix of office and retail spaces catering to local businesses and professionals.
• Industrial Corridors: Located on the outskirts, these areas are ideal for manufacturing and logistics operations.
• Innovation Districts: Emerging areas focused on technology and research-driven enterprises.

The city recently updated its zoning regulations to encourage mixed-use developments and offers incentives for sustainable building practices. More details are available on the City of Temiskaming Shores Zoning Maps.

Major Employers and Institutions

Temiskaming Shores is home to several major employers that fuel demand for commercial properties:

• Temiskaming Hospital
• Timiskaming District Secondary School
• North Eastern Ontario Family and Children's Services

These institutions, along with government centers, create a steady demand for office and retail spaces. For more information, visit the Temiskaming Shores Economic Development Corporation.

Notable Commercial Developments & Projects

Recent developments in Temiskaming Shores include the mixed-use Waterfront Redevelopment Project, which is set to include residential, retail, and office spaces. The city also benefits from designated Opportunity Zones that offer tax incentives for investors.

Developers can find more information on upcoming projects through the City Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development opportunities, the following resources are essential:

• City’s Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Public data sets, such as those from Census Canada, provide insights into market trends and economic conditions. Brevitas leverages AI-powered aggregation from public data and internal insights, offering users the ability to explore Brevitas-powered dashboards for Temiskaming Shores.

Why Use Brevitas for all, Temiskaming Shores CRE?

Brevitas offers a comprehensive suite of tools for CRE professionals in Temiskaming Shores, including:

• AI-driven CRE discovery: Uncover opportunities with real-time alerts.
• Smart property pages: Automatically generate detailed listing pages.
• Dealroom collaboration: Facilitate seamless communication with brokers and developers.
• Exclusive listings and premium exposure: Gain an edge in a competitive market.

Explore Brevitas' platform to maximize your commercial real estate ventures in Temiskaming Shores.