Why Barrie is Good for Business

Kerri Diggle Small Business 0 Comments

Barrie is a thriving and vibrant community with a growing population and access to a vast amount of recreational activities.  An abundance of parkland, access to ski resorts and a beautiful waterfront are perks of being part of this community.  But Barrie has much more to offer – it is the ideal location for doing business.  
Economic Base
Aside from its lively culture and recreational opportunities, Barrie has an established economic base and is considered to be the educational hub of central Ontario.  In addition, Barrie has a growing population with a strong workforce.  This means there will be no shortage of consumers or qualified workers in the Barrie area.  
Barrie will account for 40% of future job growth in the Simcoe area, which is projected to reach a population of 667,000 by 2031. Median age of residents is 37.2 with an average household income of $88,498.Georgian College is ranked 3rd worldwide, with the 3rd largest proportion of College graduates in Canada.  
Financial Incentives
The City of Barrie has implemented a financial incentives program to attract new business to the area. The financial incentives are part of Barrie’s Community Improvement Plan which is focused on three main areas: Downtown, Allandale Centre Community and the Georgian College Neighbourhood.  The financial incentives include tax grants, renovation and/or improvement loans as well as dedication grants.  View the details here.
Development Opportunities
Barrie is full of opportunities for development of commercial or industrial space to lease or buy.  Not only will the space be less expensive than the GTA, but you will also be centrally located.
The City of Barrie has implemented aproperty search site that includes an up-to-date listing of MLS commercial and industrial space available for lease or purchase.  This site also features the ability to search by map location or specific property.
Quality of Life 
Community events and festivals such as Rhythmfest, Winterfest and Promenade Days all add to the rich lifestyle enjoyed by the residents of Barrie.  And lets no forget the value of swimmable beaches and convenient access to cottage country and ski resorts!  
The opportunities in Barrie are endless.  Making the decision to move, expand or open your business in this City will be one of the best decisions you’ll ever make.  Take advantage of the strong economic base, phenomenal quality of life and financial incentives.  Visit the City of Barrie website for more information. SuiteWorks is pleased to offer businesses in Barrie and Simcoe County a range of office space, from co-working desks to connected suites. Call us to arrange a tour and find out more. 1.866.967.5711

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