Why Invest in Downtown?

Greater Downtown is Experiencing a Renaissancefacade
Greater Sudbury’s historic core is in the midst of a rebirth. Encouraged by a strong community supported vision for the downtown and the growth of the arts and education sectors, stakeholders and investors are realizing new opportunities to be part of downtown’s exciting future.

The new Master Plan for Downtown, unanimously supported by City Council in April 2012, lays out a visionary plan for investment for the next ten years and beyond.

The Design Phase of the Elgin Street Greenway as proposed in the Master Plan is underway. The implementation is expected to begin in late 2013. Greater Sudbury’s Rock of Fame, a celebration of individuals who have made significant contributions both locally and on the world stage, will be incorporated into the Elgin St. section of the pathway. En route, the site of Sudbury’s historic downtown train station is on track to become the city’s new Farmers’ Market this summer and is expected to be fully operational by 2014.

A new School of Architecture is under construction on the former Market Square site at Elm and Elgin. Opening in September 2013, the School is expected to reach an enrollment of 400 students over the next four years and to employ some 45 faculty. The new Franklin Carmichael Art Gallery is in its final feasibility and site selection process and expects to finalize a downtown site location in 2013. The francophone arts community envisions Place des Arts, a performing arts centre, in the city’s downtown by 2015.

Several commercial buildings are undergoing conversion to residential units to accommodate the pent-up and accelerating demand for downtown residential living. Learn more.

Downtown’s corporate presence is increasing with the recent opening of the SNC Lavalin offices on Durham St. and Worley Parsons on Elm St. The proposed five acre Innovation Technology Park, adjacent to the site of the new School of Architecture, has already attracted the interest of major mining companies who are seeking a corporate presence in the downtown core. The Master Plan for the Inno-Tech Park is presently under development.

All told, there is no better time for you to consider investing in downtown Sudbury.