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News release

The Derry Green Business Park has reached an important milestone in its growing contribution to Milton’s thriving economy.

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

Phase 1 (west) has reached a key milestone with 60 per cent of this phase of the land development achieving the necessary development approvals. This is important because it acts as the catalyst for utility servicing and development approvals to commence in Phase 2 (east), which 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 & Supply Chain:
    • DSV
    • Lululemon
    • Rockwool
    • Princess Auto
    • Lowe’s
    • Advanced Manufacturing:
      • 511 Food Service
      • Edgewell Personal Care Canada, ULC
      • General Mills

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-square-foot 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.

Background

Derry Green Business Park is an important part of Milton’s thriving economy, as one of two major planned employment areas in Milton (the other is the Milton 401 Industrial/Business Park). When complete, Derry Green will provide Milton with an estimated 18,000 jobs.

Derry Green contains about 800 hectares (2,000 acres or 87.1 million sq. ft.) of light and general industrial space near Ontario’s most important highways and labour market. This land mass is comparable to approximately 1,000 football fields.

Derry Green will host much of Milton’s employment growth in the years ahead in sectors such as innovative logistics, advanced manufacturing, green technology and smaller flexible office units.

  • Total development/building size available: 9,827,899 sq. ft.
  • Completed development: 3,073,065 sq. ft.
  • Developments in progress: 5,254,834 sq. ft.
  • Future developments (18-24 months): 1,500,000 sq. ft.

Quotes

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

- Mayor Gord Krantz

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For media inquiries, please contact: 

Rob Faulkner
Senior Advisor, Public Relations
Email Communications Staff