Strength and Opportunity: Taking the Temperature of Southern Ontario Markets
As president of Gorge Holdings Inc., I have been able to accumulate a balanced portfolio of development projects across southern Ontario, including the Niagara region. Along the way, I have learned invaluable lessons that have provided the background necessary to make informed property development decisions, and to anticipate where market trends are leading the GTA economy. In recent years, St. Catharines, Niagara Falls, Welland, Thorold, Niagara on the Lake, and London, Ontario — communities where Gorge Holdings has residential, commercial, retail and industrial development projects — have all proven to be highly competitive marketplaces. For some, using the term “competitive” in the current market environment seems counterintuitive. After all, the business pages are filled with articles detailing the new high-interest rate environment, which has resulted in a slowing of sales and increase in delistings in many communities. And yet, the fundamentals in southern Ontario cities are stro