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Best to Invest
Site Selection Magazine names Quinte Economic Development Commission as one of the Top 10 Economic Development Groups in Canada
Bay of Quinte, September 6, 2012 - Eastern Ontario's Quinte Economic Development Commission (QEDC) has been selected as one of the top Canadian Economic Development Groups by Site Selection magazine, a leading US-based information source for expansion planning decision-makers.
The "Best to Invest" award is designed to recognize the most powerful local economic development groups in Canada. QEDC was selected for its private-sector project attraction and investment numbers as tracked by Site Selection Magazine's proprietary New Plant Database, regional partnership, proactive programming, and quality data and Web resources.
"We are proud to be in this select group that is recognized nationally. The award acknowledges the hard work of our team and partners, in addition to highlighting the Bay of Quinte Region as one of the premier locations to support growth and investment" says Chris King, QEDC's Chief Executive Officer. Special thanks go to the Board of Directors, municipal partners and staff."
Ted Reid, QEDC chairman, said "It is an honour for us to receive the Best to Invest Award given that we are competing with economic development agencies and communities across Canada. This award reflects the on-going efforts of our organization and municipalities to be investment ready and supportive of local industry."
"The QEDC has earned a reputation for promoting growth and investment through building partnerships with manufacturers, educators, politicians and economic development organizations from all levels of government." said Reid.
The QEDC - represents the City of Belleville, Municipality of Brighton and the City of Quinte West - providing regional marketing programs that attract new industry, as well as strategic support that helps local industries grow more competitive and profitable.
The Top 10 Canadian Groups article appears in the September, 2012 edition of Site Selection magazine and is available on their web site at www.siteselection.com.
Community Improvement Plan
The City's Community Improvement Plan (CIP) has been very successful. Since 2006, the City has allocated more than $535,000 in funding for approximately 75 applications for building façade improvements, signage, and landscaping in the downtown business improvement area. The CIP Incentive Program continues to grow and prosper.
City of Quinte West Revitalization Initiatives
The City of Quinte West has implemented several revitalization initiatives to attract new investment to the City, in particular in the downtown cores of Trenton and Frankford to create a vibrant and prosperous destination in the downtown cores of the City.
Recent initiatives include the following:
- Back of Front Redevelopment Project - The City of Quinte West in partnership with Trenval Business Development Corporation, the Trenton DBIA, the Quinte West Chamber of Commerce and Arts Quinte West are reconstructing the area behind Front Street adjacent to the Trent River in favour of a large paved pedestrian plaza of interlock paving stones, seating, lighting, landscaped elements, an information kiosk and stage. The goal of the project is to develop the area in the downtown core in order that the public can enjoy the benefits of the waterfront and create a vibrant and prosperous destination in the downtown core. The City's Economic Development & Revitalization Committee identified this as a key project in order to complement the downtown revitalization initiatives and provide a new destination to enhance the arts and cultural development in the community. A contest to name the new pedestrian plaza was conducted to engage the entire community in the project. The new name for this area, RiverFront Square.
- Improved Signage - The placement of a large rooftop sign on the structure of the Front Street Farmers' Market was installed in April 2012 to promote the market. Also, new decorative street signs were installed in the downtown cores of Trenton and Frankford. New Tier II signage was installed depicting the same design as the Gateway Entrance Signs and a Roundabout entrance feature was also completed in July 2012.
- Waterfront Development - A proposed 380 slip marina at the lower reaches of the Trent River and entry to the Bay of Quinte is being undertaken. The proposed marina will better utilize and enhance the City's waterfront by providing additional tourism and recreation facilities that increase public access to the waterfront within the core of Trenton, and positively impact the local economy and tourism industry.
- Cultural Plan - The City of Quinte West in partnership with Hastings County and the City of Belleville collaborated on developing a regional Cultural Plan. A number of strategic directions emerged from the research and community consultation conducted for the Cultural Plan. An implementation plan has been proposed by the consulting firm, Millier Dickinson Blais, which the three municipalities will be considering implementing over the next 10 years.
- Community Improvement Plan Incentive Program - The continuation of the Community Improvement Plan Incentive Program to improve storefront appearances in the downtown cores of Trenton and Frankford.
The City continues to take initiatives to ensure it remains competitive and ready for new investment into the future. By doing so, it will provide a supportive climate for new growth and strengthen the municipality's economy and business community. Ultimately, Quinte West will better offer its residents and visitors an exciting and interesting experience where nature and business go hand in hand.
