Ontario Improves Thunder Bay Industrial Park
McGuinty Government Helps Expand Infrastructure, Attract Investment And Jobs
The City of Thunder Bay is looking to bring new business to the region by upgrading and extending two roads in the Innova Business Park.
Through the support of the Northern Ontario Heritage Fund Corporation (NOHFC), the city will help improve road access to commercial developments. This will make it more attractive for large retail stores to set up shop on the west side of the city.
This project includes extending the roadway, storm sewer, water main and sanitary sewer for Premier Way to connect to the Harbour Expressway and extending Innovation Drive to Golf Links Road. It is expected to create about 18 construction jobs.
- The NOHFC is providing $1 million to the project under its Infrastructure and Community Development Program which helps northern communities improve critical infrastructure and develop partnerships that create jobs and improve economic prospects in the North.
- Innova Business Park has approximately 131 acres (53 hectares). It is located six kilometres from the airport, and about five kilometres from the rail station and the port of Thunder Bay.
“By expanding infrastructure, we are positioning our northern cities for greater investment attraction that bring jobs and long-term prosperity.”
“Infrastructure-ready properties are an advantage to communities looking to market and attract investment. Today's announcement will help the City of Thunder Bay better position this property for sale.”
“This investment will further diversify Thunder Bay's economy by opening up Innova Park and making it more attractive for commercial developments. The support of the Northern Ontario Heritage Fund Corporation is greatly appreciated.”