Contact(s)
| Project Summary | |
| Location: Horne Business Park in West Orillia (corner of University Avenue and Old Barrie Road) |
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| Budget: n/a | |
| Timeline: To be determined | |
| Current Status: In a decision dated Aug. 23, 2018, it was determined by the Ontario Energy Board that the motions put forward by Orillia Power Distribution Corporation and Hydro One to review and revise the OEB’s April 2018 decision to deny the application to acquire OPDC failed to satisfy the threshold necessary to move forward with an appeal process. OPDC and Hydro One will be refiling the MAAD application. | |
| Project Contact: Gayle Jackson, 705-329-7232, gjackson@orillia.ca |
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Overview |
| Council at a Special Meeting of Council held August 15, 2016, signed agreements with Hydro One that will see 36 acres of the 42-acre Horne Business Park in West Orillia used for an Advanced Technology Hub.
The development is anticipated to inject approximately $200 to $300-million in near-term economic impact on the community, including the construction of three facilities, the creation of a significant number of highly-skilled, knowledge-based jobs, and fibre optics upgrades within the City. |
| Background |
| In 2016, the City was in negotiations exploring opportunities with Hydro One.
The opportunity presented by Hydro One includes the acquisition of the Orillia Power Distribution Corporation (OPDC), a subsidiary of the Orillia Power Corporation (OPC). The Orillia Power Generation Corporation (OPGC), whose business includes three hydroelectric generating stations, will not be affected and will continue to be owned by the City of Orillia, including the annual dividend it provides the City. View the Negotiations Backgrounder. |
| Public Consultation |
| Four public information sessions have been held to date: January 12, 2016, June 1, 2016 and two on September 29, 2016, at City Centre with Mayor Clarke, the Hydro One Transition Team, Orillia Power Corporation and Hydro One representatives. View the Information storyboards and Negotiations - FAQ's |
| News & Information |
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| Media Coverage |
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For more information contact the Office of the Mayor at mayor@orillia.ca or 705-325-3662.
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