HAMILTON

Building Momentum:
Modelling uplift

Hamilton Ontario (Canada) was facing major economic challenges having lost much of its industrial tax base and challenged by a downtown with a high commercial vacancy rate, excessive amounts of surface parking, undeveloped land, underutilized and vacant buildings. The City had a list of nearly a hundred different potential infrastructure projects under consideration in response to provincial and federal government funding programs. These projects were not part of a structured plan and in total well exceeded available funds. The mission was to create a comprehensive infrastructure investment plan for Hamilton and identify infrastructure projects that offered not only the greatest return on investment, but also have had the potential to stimulate other projects or actions and thereby add to the city’s tax base ensuring the City received the greatest benefit from its investments.

Community and stakeholder engagement drew out six principles for infrastructure investment in the city and identified projects with local champions and had the most “traction” in the community. The study identified foundational projects that had the greatest number of relationships to other projects, met both municipal and provincial goals and had a high probability of success.

A follow-up-up study modelled the potential uplift in property and asset value along a proposed rapid transit line and developed options for project financing.

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