London Development Institute
562 Wellington Street, Suite 203,
London, On, N6A 3R5
519-642-4331





Frequently Asked Questions

What is a Developer?
How does the development community contribute to London's economy?
How do developers decide where to build?
What role does Council play in this process?
The environment is a main concern for Canadians. How are developers working to protect our environment?
London has experienced yet another record year for building construction. Will this trend continue?
What is the development community doing to revitalize the downtown?

 

What is a Developer?

A developer can be an individual or corporation that develops lands for residential, commercial or industrial use to meet the demands of the marketplace as well as the growth targets outlined by the City of London, mandated through provincial policy.

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How does the development community contribute to London's economy?

The development industry contributes substantially to this city's economic engine, providing more jobs than any one company or organization. They're the single largest taxpayer and employer. In 2005, more than 12,645 jobs were directly related to residential construction. The development industry has designed and constructed most of London's residential neighbourhouds. Our members own millions of square feet of commercial office and industrial space, thousands of residential rental accommodating and develop thousands of residential building lots in London each year.

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The environment is a main concern for Canadians. How are developers working to protect our environment?

All development projects have to follow strict municipal and provincial guidelines and regulations. These regulations address many environmental issues, including storm water and waste water management as well as tree coverage. No development project can proceed without government input. Each step of the development process, from planning through construction and up until completion, is done in compliance with municipal and provincial environmental regulations. In addition to government regulations, each developer has their own environmental standards. For some this involves creating green spaces in their neighbourhoods, while others place a greater emphasis on energy efficiency. The LDI is a partner in LHBA's TREE (Team Reforestation Enhances the Environment) Program to increase London's tree canopy.

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London has experienced yet another record year for building construction. Will this trend continue?

Twenty-year projections and market studies clearly show that London is an attractive centre, and a place to work and live. It will continue to grow. Developers do their best to respond in a creative way to satisfy the demands of the marketplace and meet the growth targets outlined by the City of London. Contrary to popular belief, developers don't create the market or the demand, the public and the economy does. They develop lands approved by the city for development, and create subdivisions suitable for the zoning that is in place, within strict regulations outlined by the City. To keep jobs and talented people here, the city needs to be able to accommodate this growth in a planned and coordinated way.

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How do developers decide where to build?

Through London's 20-year Official Plan, the City of London provides a blueprint for growth. This plan gives developers clear direction as to how, where and when the city can grow. In keeping with the Planning Act and municipal regulations, developers purchase land in areas that they anticipate future development opportunities. The developers use their own experience and knowledge of the market to determine what areas have the greatest potential for development. Infrastructure requirements, capital requirements to service new growth, market expectations and future demand are all areas developers question before they invest in a development site. Once the land is purchased and the project has been determined, developers work with the City of London to approve the project, ensuring it meets the guidelines of the Official Plan as well as government regulations. The proposed plan is reviewed by numerous departments within the City of London as well as outside agencies like the Ministry of the Environment, Upper Thames River Conservation Authority, London Transit, Canada Post, school boards and adjoining landowners.

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What role does Council play in this process?

Every development project requires Council's approval before construction can begin. After administration has recommended the zoning and ensured the development falls within the Official Plan, the project then goes to City Council for its approval. At this stage, members of Council have the opportunity to ask both the developer and members of administration detailed questions about the project. This process could involve changes to the project or a request for more information. It is at this stage that Council can approve the project or send it back to administration and the developer for review.

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What is the development community doing to revitalize the downtown?

In recent years, London's development community has been working with the City of London to improve specific areas of the city, such as the downtown core. A number of apartment buildings have been built, and are under construction in the downtown core. These buildings will continue to revitalize the heart of London by having more people working, living and shopping downtown. This is just another way development projects are helping improve London's economy.

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