Tag Archives: Vicano Developments
There is no denying the numbers, St. Thomas is where possibilities live
Without a doubt, this is an exciting time to be a resident of St. Thomas.
Exciting that is if you are not averse to change of epic proportions.
And as Sean Dyke, CEO of the St. Thomas Economic Development Corporation pointed out a presentation to city council on May 13, exciting because his organization gets to share “the really good news stories.”
Dyke continued, “I recall being here 15 years ago at the height of a pretty negative time in St. Thomas talking about a lot of businesses that were leaving.
“And, it’s so nice to be here at a time when we can talk about the complete opposite. The strides we’ve taken as a community to push this forward.”
To indicate just how busy the EDC has been, Dyke noted over the past fiscal year ending in March, they have had 856 consultations with different businesses.
From that, 256 new jobs were created in the community, which includes all of Elgin county.
A Brantford development firm has become a solid St. Thomas supporter
Vicano Developments this week closed a deal to purchase 67 acres of industrial land on the southeast corner of Highbury Avenue and Ron McNeil Line, adjacent to the city’s new 1,500-acre industrial park, now known as Yarmouth Yards.
Vice-president Paul Vicano says they are working with Whitney and Company of Cambridge to find tenants for the site.
“This was the kick-off to our leasing campaign with Whitney, our listing team, to look for a tenant for either a single-use building or smaller tenants of multiple units or buildings.”
Space is available up to 1.4 million square feet for one large operation.
Sister company Vicano Construction was involved in building the city’s social services and housing hub at 230 Talbot Street.
