Welcome to our Q3 2022 Insite Report. As we head into the fall season, it sounds like Oktoberfest is in the air… seems like years since we could celebrate! It’s so refreshing to see things returning to normal. Kids, young and old are once again in the classrooms and cars are in the parking lots of our office buildings.
Waterloo Region’s Official Plan
The Buzz in this update is around 15 minute neighbourhoods. This plan envisions a new approach to community building and growth through intensification and strengthening neighbourhoods. The Region has shown we will need 150 HA of residential land and 456 HA of employment area growth. Council adopted an official plan amendment on August 18th which adds 121,000 housing units to the ROP. The Region is hoping the ROP will go to the Province of Ontario later this fall for approval.
Onward we go to 2051 where the population in Waterloo Region is forecasted to be 923,000 people!
Broker of record, ceo, sior