Business
St. Thomas, Ontario, Mayor Predicts Economic Boom for 2026
Mayor Joe Preston of St. Thomas, Ontario, is optimistic about the city’s economic future, projecting a significant boom in 2026. During his Winter Levee at the Horton Street Market, he highlighted key developments, including the construction of what he described as the largest industrial facility in Canada. This ambitious project signals a transformative period for St. Thomas, as the city experiences a surge in new businesses, housing initiatives, and transportation improvements.
Preston noted, “The steel going up is now. I’m keeping the names of all the people that said ‘That’ll never happen’.” His comments reflect a strong confidence in the ongoing construction, which he believes will reshape the local economy. The mayor’s remarks were supported by Rob Flack, Member of Provincial Parliament for Elgin-Middlesex-London, who emphasized the need for adequate infrastructure to accommodate the rising demand from these new businesses.
Infrastructure and Housing Needs
The impact of these developments extends beyond just new industrial facilities. With companies like Vianode and Element Five expanding their operations in the area, the city must address critical infrastructure needs. Flack mentioned that significant announcements regarding support for municipalities, focusing on key infrastructure such as wastewater management, transportation, and educational facilities, are expected in the coming weeks.
As St. Thomas grows, the demand for housing is becoming increasingly urgent. “We’ve got Balaclava (Indwell apartments) now starting under construction, which will add 78 more supportive housing units,” Preston stated. He highlighted the importance of tackling homelessness in the community, noting that projects like those on Elm Street and Wilson Avenue are moving forward, helping to provide essential housing solutions.
Preston also acknowledged the ongoing discussions about expanding daycare facilities to support the increasing population. “As we grow, we have to ensure that we are providing the necessary services for our citizens,” he said.
Transportation Enhancements
With economic growth comes the necessity for improved transportation options. The city is set to unveil the Parks and Recreation Master Plan soon, while the Transportation Master Plan will be discussed at the council meeting on Monday evening. These plans aim to enhance connectivity and safety for residents, particularly as the surrounding areas, such as London, continue to expand rapidly.
Flack pointed out that London has seen a population increase of approximately 40,000 in recent years, making it imperative for St. Thomas to keep pace. “We have to keep people moving and moving safely. That is a big priority of our government,” he stated.
In addition to planning for future growth, a vital capital project is nearing completion. The Talbot Street Bridge, which connects Fairview Avenue and Burwell Road, has faced delays, but city engineer Kevin De Leebeeck confirmed that the installation of traffic lights is expected to occur early next week. Once the lights are operational, the road will be reopened, further facilitating transportation in the area.
Preston expressed his enthusiasm for the city’s future, stating, “Right now, I want them all back,” referring to the current council’s efforts. He emphasized the collaborative spirit of the council in achieving great outcomes for St. Thomas, focusing on the well-being of its citizens.
With ambitious projects on the horizon, St. Thomas is poised for a remarkable transformation in the coming years, driven by a strong economic vision and community commitment.
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