Page 24 - 2018SpringSpectrum

Member Profile

2017 was a big year for HIP Developments

in Cambridge

The 2017 Chair's Award winner, HIP Developments has dem- first start with the Grand Innovations incubator opening in the
onstrated the impact creative redevelopment can have on a Spring of 2018, where Conestoga College engineering students
community. Not since the arrival of Toyota in Cambridge have will be working with industry to create new ideas and jobs.
we had such a large private sector investment, nearing 200 Where small enterprises will get their start and lift into com-
million dollars. mercialization of their ideas and where new companies will
be launched. Energy Plus the hydro provider for Cambridge,
First landing in the Hespeler core area with the redevelop- North Dumfries and Brant will have their head office, over 200
ment of the old American Standard site with a new 10 story people will occupy offices there. Then along comes tow 19 story
rental apartment condominium towers,
building, that is now a community square,
complete and occu- arts centre and plac-
pied, and a 49-unit es where people can
luxury condominium dine, have a latte’, lis-
development, where ten to a local busker
while the project has or have a night cap on
yet to get underway, an outdoor patio on
over 80% are sold. a beautiful summer
evening.
These 50 million
dollars plus proj- It is designed for ev-
ect is now attracting eryone who wants
new investment all the finer things in life
around it, transform- and to live in an envi-
ing an entire commu- ronment where con-
nity into a live, work, venience is the best
play environment. description of why
you might love the Gas
12 kilometers south along the banks of the Grand River, nes- Light District. Next door to the Hamilton Family Theatre Cam-
tled in picturesque downtown Galt we find the old Southworks. bridge, a 500 seat live professional theatre complex, home to
Most recently it was occupied as an outlet mall, in its hay day Drayton Entertainments head office, this is not just a gem of a
certainly drew lots of folks from not just Cambridge, but from development, it is maybe, a one of a kind.
miles around. Prior to that it had many uses in the manufac-
turing sector and dates to the time when factory floors were The Chamber is proud of HIP Developments and its people,
dirt and the work was challenging. truly deserving of an award that speaks to an outstanding
employer, a creative business and one who is changing the
HIP Developments purchased that along with the adjacent landscape of our community. Congratulations to HIP Develop-
former Tiger Brand building and will be investing over 125 ments and thank you for choosing to put your mark of imagi-
million dollars and creating something that few, if any com- nation on the City of Cambridge.
munities have. A live, work, learn and play community. Lets

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24 www.cambridgechamber.com
Spring 2018