Large business park in Milton starting second phase of development

The next phase in the Derry Green Business Park development is about to get underway.

The park, south of Hwy. 401 and east of the James Snow Parkway, is developing in three phases that roughly correspond to its western, eastern and northern sections.

“Phase 1, the western portion, has reached a key milestone with 60 per cent of this phase of the land development achieving the necessary development approvals,” said a Town spokesperson. “This is important because it acts as the catalyst for utility servicing and development approvals to commence in Phase 2, the eastern portion. This area will focus on a mix of small and large bay industrial units, service commercial, and prestige office space.”

Phase 1 construction activity is underway, with businesses taking occupancy in the community.

Confirmed occupants at Derry Green Phase 1 are among Milton’s largest employers:

Distribution, logistics and supply chain

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• DSV
• Lululemon
• Rockwool
• Princess Auto
• Lowe’s

Advanced manufacturing:

• 511 Food Service
• Edgewell Personal Care Canada, ULC
• General Mills

“Derry Green Business Park is one of the Town’s economic engines, providing key employment land opportunities near major transit corridors.” said Mayor Gord Krantz.

“This business park is a prime example of how Milton is growing in a deliberate manner by building the right uses in the right places. It is exciting to see Derry Green enter Phase 2 of its development, and we thank the occupants, staff and partners who continue to invest in Milton.”

Phase 1 will continue until completion, with a focus on larger scale industrial uses, such as logistics, supply chain and distribution. Derry Green’s development will focus on creating quality of place, so that employees can benefit from amenities such as green space and trail systems.

For Phase 2, one of the biggest developments will also house the future TAKOL/CMCC Capital Funds site, which is planning to build 67 small-bay industrial condo units in a 420,000-st-ft. development called Milton Gates Business Park.

This will provide space to niche small and medium-size businesses, predominantly for ancillary support of the area’s larger logistics and manufacturing businesses.