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City Owned Industrial Land for Sale


The City of London has 5 Municipally-Owned Industrial Business Parks that offer a range of vacant, serviced, industrial land available for sale.

London has the key elements to ensure the success of any new investment - a talented workforce, an outstanding research and development network, the best value for business operations, and an exceptional support infrastructure.

 

City Owned Industrial Parks

LOCATION                                   LAND AVAILABLE MAP        

INNOVATION PARK

205.08 Acres

pdf

SKYWAY INDUSTRIAL PARK

14.35 Acres

pdf

CUDDY INDUSTRIAL PARK 5.36 Acres - Under Contract pdf

RIVER ROAD INDUSTRIAL PARK 

8.47 Acres - Under Contract

pdf

TRAFALGAR INDUSTRIAL PARK

3.5 Acres - Under Contract

pdf

 

Price List  -  City-Owned Serviced Industrial Parks

As of October 1, 2018 the City-owned serviced industrial land in Innovation Park, Skyway Industrial Park, River Road Industrial Park, and Cuddy Blvd Parcels will be the following:

Lot Size Price Per Acre

Up to 3.99 Acres          

$80,000

4.0 Acres and Over

$70,000

Price for serviced industrial land in Trafalgar Industrial Park:

Lot Size Price Per Acre

All Lot Sizes                

$65,000

Notes:

Highway 401 Exposure - 15% surcharge, Veteran's Memorial Parkway Exposure  -  5% surcharge

The City of London Industrial Parks have the normal municipal services available in the street allowance.  The cost of service connections from the main to the property line is the responsibility of the purchaser.

The selling price of the land is established by City Council annually, but prices are subject to change without notice.

 

Changes to the Industrial Development Charge Grant Program (Effective Jan 1, 2018)

On May 2, 2017, Municipal Council approved changes to the City's Industrial Development Charges Grant Program. These changes, that came into effect on January 1, 2018, retain the current 100% development charge grant for targeted industrial uses, but decrease the value of the grant to 50% of the value of the development charges to a maximum grant of $250,000 for non-targeted industrial uses. Targeted uses have been defined in the program to be consistent with the targeted uses of the Industrial Land Development Strategy. Consistent with the current program, the DCs grant will be provided at the time of building permit application so that the applicant would not pay the applicable DCs for targeted uses. For non-targeted uses, an applicant would pay any DCs greater that the $250,000 grant at the time of building permit. For more information on the changes to the Industrial Development Grant Program, please visit the link below. If you require clarification on whether or not your organization qualifies for a full or partial industrial grant, please contact Realty Services at 519-661-2489 ext. 4546.

https://www.london.ca/business/Planning-Development/secondary-plans/Documents/IndustrialLandsSchedule3.pdf

For current City of London Development Charge Rates, please visit the link below:

http://www.london.ca/business/Permit-Licences/Building-Permits/Documents/2018%20DC%20Rates.pdf

London's Advantage

Located halfway between Toronto and Detroit, London is at the regional centre for Southwestern Ontario.  London is a City of opportunities with its skilled labour force, excellent location, transportation infrastructure, renowned industrial assets, and growing economy.

London’s prime location at the junction of Highway 401 and Highway 402 gives quick access to the NAFTA Superhighway and two U.S. – Canada border crossings.  London is located mid-way between Toronto and Detroit.

Rail Service

Both Canadian National Rail and Canadian Pacific Rail provide freight service from London to over a 14,000 mile network of Canada and the United States.

London International Airport

London International Airport has daily flights to Toronto, Detroit, Chicago, Vancouver, Ottawa and Calgary. The airport also has an “open skies” air service agreement with the European Union.   The airport was recently approved as a Foreign Trade Zone, allowing goods to be brought into Canada without the prepayment of duties or taxes.

Telecommunications

The telecommunications infrastructure in London matches or surpasses that available in most major business and financial centres in terms of access lines with digital switching and advanced signalling technology.

Natural Gas

The natural gas market is deregulated. Consumers have the choice of purchasing natural gas through a producer, an energy broker or from the local utility, Union Gas.

Electricity

Electricity rates in North America are deregulated which means consumers have access to an open electricity market with the option to choose their electricity supplier and shop for competitive prices and payment plans.

 

 

 

 

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