Investment, Growth & Development

Select Major Projects

Over $5 billion dollars of new investments in Niagara continue to build a strong economy that is attractive to investors worldwide. Here are just a few examples of the exciting growth and development being realized in Niagara Canada.

Projects Completed 2008-2010	ESTIMATED INVESTMENT	COMPLETED
Northland Power Cogeneration Plant	$500 million	2010
Niagara Falls Hilton Hotel Expansion	$150 million	2009
St. David’s Hydroponics	$74 million	2008
Vineland Innovation & Research Centre	$54 million	2010
Gale Centre Four-Pad Arena Complex	$38 million	2010
Smart Centres Retail Development, Welland	$25.6 million	2010
Greater Niagara General Hospital Expansion	$21.4 million	2008
Vincor International Expansion	$21 million	2009
Dave & Buster’s Restaurant and Amusement Centre	$15 million	2009
Biolyse Pharma Clean Room Expansion	$5 million	2010
Lakeside Steel Expansion	$5 million	2009
Peace Bridge Investments	$5 million	2010
Main Street Redevelopment, Port Colborne	$3.6 million	2010
Niagara College Wine Visitor and Education Centre	$3.2 million	2009
nGen Niagara’s Interactive Media Generator	$3.2 million	2010

Projects Currently Underway	ESTIMATED INVESTMENT	COMPLETED
Ontario Power Generation Niagara Tunnel Project	$1.6 billion	2013
Niagara Health System Health Care Complex	$759 million	2013
QEW Highway Expansion in Niagara	$174 million	2011
Niagara Health and Biosciences Research Complex	$111 million	2012
Highway 406 Expansion to Welland	$111 million	2013
Niagara Convention and Civic Centre	$105 million	2011
St. Catharines Cultural & Academic Arts Centre	$101 million	2014
Niagara College Campus Expansions	$90 million	2011
Smart Centres Retail Development, St. Catharines	$75 million	2012
Smart Centres Retail Development, Niagara Falls	$70 million	2011
Niagara Region Wastewater Plant Upgrades	$58 million	2011
Downtown St. Catharines Parking Garage	$28 million	2011
West Niagara YMCA	$20.5 million	2011
Kiwanis Aquatic Centre and Library Branch	$20 million	2011
Pen Centre Shopping Mall Renovations	$13 million	2012
Niagara Falls History Museum/1812 Legacy Project	$12 million	2012
Boys and Girls Club of Niagara Falls Centre	$12 million	2011
Grimsby Town Hall Reconstruction	$7.8 million	2011
Niagara-on-the-Lake Community Centre	$6.5 million	2011
Pelham Downtown Revitalization (Fenwick & Fonthill)	$6.2 million	2011
Highway 140 Resurfacing	$6 million	2010
Reconstruction of Haist Street, Pelham	$5.7 million	2011
Silicon Knights New Video Game Project	$4 million	2013
Niagara College Food and Culinary Innov. Centre	$2.3 million	2011

Projects Announced	ESTIMATED INVESTMENT	COMPLETED
General Motors Transmission & Engine Lines	$480 million	2012
Algoma Central Corp. Great Lakes Shipping Invest	$400 million	2013
Loretto Hotel Development	$200 million	TBD
Canadian Motorsport Complex Fort Erie	$150 million	2012
Miller’s Creek Marina Redevelopment	$120 million	TBD
Niagara Falls People Mover System	$80 million	TBD
Port Place Development	$60 million	2012
Port Colborne Health and Wellness Centre	$33 million	2012
Thorold Student Residence	$25 million	2012
Wainfleet Wind Energy Farm	$25 million	2012
Niagara School Boards Capital Improvements	$22.4 million	2011
Welland Multi-Sports Complex	$15.8 million	TBD
2015 Pan American Games Related Investments	$15 million	2015
Niagara District Airport Upgrades	$11.4 million	2011
Pelham Fire Hall Improvements	$5.7 million	2011
Peace Bridge Plaza Expansion	$2 million	2011
Total	> $1.6 trillion

Profile

Population	442 908 (1)
Labour Force (2010)	231 045 (7)
Households	179 941 (2)
Average Per Capita Income	$29 150 (2)
Average Household Income	$71 893 (2)
Housing Starts 2009	1 015 (3)
Average Housing Price	$209 563 (4)
Retail Expenditures	$5 335 805 587 (2)
Number of Businesses	25 771 (5)

International Gateway

Trade Value Crossing Niagara-US Borders, 2009 ($US)	$61 927 727 747 (6)
People Crossing Niagara-US Borders, 2009	12 729 452 (6)

Sources: (1) Statistics Canada Estimate, 2009; (2) FP Markets Canadian Demographics 2010; (3) Municipal Property Assessment Corporation, 2010; (4) Canadian Mortgage and Housing Corporation, Housing Now, 2010; (5) Statistics Canada, Canadian Business Patterns, 2007; (6) US Bureau of Transportation Statistics, 2010; (7) Statistics Canada, Labour Force Survey, 2010 Information compiled in cooperation with local partners and stakeholders.