Industrial
Steelport
A World-Class Industrial Park
Slate Asset Management has acquired approximately 800 acres of industrial land and buildings in Hamilton, Ontario from Stelco Inc. Slate plans to redevelop the site into a world-class industrial park with a focus on job creation, economic growth, and environmental sustainability. According to an economic study conducted by EY, the site has the potential to create up to 23,000 new jobs across the Greater Toronto & Hamilton Area and inject up to $3.8 billion into Ontario’s economy.
12M
Total SF
Project media coverage
The Hamilton Spectator
Jun 22, 2022
All of Stelco’s Hamilton land sold in deal that would see it transformed into ‘world class’ industrial park
In a media release Wednesday, Slate Asset Management announced its plans to purchase and transform around 800 acres of industrial land once dedicated to steelmaking into a revitalized commercial district — a development that a study from Ernst & Young said could create up to 23,000 new jobs and inject $3.8 billion into Ontario’s economy.