Invest Downtown Orillia

This is your chance to be part of Orillia's charming downtown core. Nestled on the waterfront of Lake Simcoe, Downtown Orillia provides a unique opportunity to live and work in a four-season playground. Orillia is well-known for it's vibrant culture, historic Opera House, and award-winning festivals and events.

The City of Orillia was recently ranked as the fifth best place in Canada to invest in real estate, thanks in part to a number of recent high profile investments. Hydro One recently announced they will be developing their North American Advanced Technology Hub in Orillia, which will inject approximately $200-$300 million into the local economy. A new Recreation Facility will be located in the downtown core attracting hundreds of residents and visitors to the city's centre daily, and generating over $50 million in construction value. Private developments such as the new Costco Wholesale facility will draw hundreds of thousands of visitors to the City throughout the year and downtown developments like the much-anticipated Matchedash Lofts will increase the amount of people living and working in the City's core.

The City of Orillia also recently approved the new Downtown Tomorrow Community Improvement Plan (DTCIP) which will invest $200,000 in grants towards development in the downtown core in 2019.

This is an exciting time to be Downtown Orillia. Join this growing market today!

Downtown Tomorrow CIP Logo

GRANTS AVAILABLE

The Downtown Tomorrow Community Improvement Plan (DTCIP) launched on January 1, 2017.  This program seeks to encourage growth in Downtown Orillia, and in 2018 will include the provision of $200,000 in grants to offset costs of development in the downtown core for projects such as façade improvements, signage, feasibility studies, building improvements and the creation of residential units.

Click here for details on the Downtown Tomorrow Community Improvement Plan Grant Program

                                   INVESTMENT OPPORTUNITIES                              

Opportunities Identified through the Retail Mix Study

Through a recent third-party Retail Mix study, it was determined that the City of Orillia is under-represented in the following business categories based on both our current, and growing, population:

  • Restaurants
  • Culture, Entertainment and Recreation establishments
  • Convenience and Specialty Food stores
  • Furniture, Home Furnishings and Electronic stores
  • General Merchandise stores
  • Clothing Stores
  • Personal Care services

Opportunities Identified through the Regional Tourism Opportunities Project 

Through a study completed in October 2018, the following top three tourism investment opportunities were identified for Ontario's Lake Country:

To read the full Rgion Tourism Opportunities Project Report Click here 

 Proud Partners of the Invest Downtown Initiative

Invest Downtown Initiative Sponsors

We are happy to assist you in finding any additional information related to opening a business in Orillia. For more information, visit our Doing Business in Orillia webpage, or call the City of Orillia Economic Development Department at 705-325-4900.

Contact(s)