Global Business Park
Mississauga's business community continued to grow when the construction of a new employment facility began yesterday in the city's east end.
A groundbreaking ceremony for phases one and two of the new Global Business Park was held on a 10-acre lot at Sisbro Court in the Tomken Rd. and Eglinton Ave. area. The new facility will house many small businesses and will create employment opportunities, said Hazeef Khan, a director with Global Village Development Inc., who managed the project. Now that construction is set to begin, he hopes units will be available sometime in 2009. There will be warehouse and accessory retail businesses, showrooms and offices, light manufacturing services, medical and other specialized support services, a food court and others. There will be over 500 parking spaces.
When the entire project is complete there will be over 200,000 square feet of commercial/condominium space for sale. There will be office and outlet space for businesses as well as a convention centre. Lots that make up 100,000-sq.-ft. of the first two phases are all booked, but spaces are now available for the next stage of the project.
Mayor Hazel McCallion was on hand for the opening of the Global Business Park . She said that, on average, about 25 people work at every small business in Mississauga. Those employers, she said, are hindered by too many regulations. "Any small business man or woman, they look at all the regulations and ask, is it worth it? Well we're going to help them (in Mississauga)," she said. "In order to be competitive today it's important to encourage small businesses."
She told the developers of the project that, "this is an area that needs this investment badly and we thank you." Ward 3 Councillor Maja Prentice, whose ward the new facility will be in, said the new project is "magnificent."
For further information visit www.gbpcanada.com
This article is posted in The Mississauga News on October 2, 2008 by Daminik Kurek.