Lincoln Electric and AXYZ Automation Group to join Stryker and L3Harris in fully integrated, multi-use development in Hamilton
iConnect is fast becoming a hub for top-tier companies, with Lincoln Electric and AXYZ Automation Group occupying space at the business park, joining Fortune 500 companies Stryker HQ and L3Harris.
Strategically located at Highways 5 and 6 in Hamilton / Waterdown, iConnect consists of nearly 1.5 million square feet of industrial and office space with the capacity to accommodate up to 3,000 employees. The central location enabling efficient access helps businesses optimize their operations and supply chain, cater to their client base, and tap into a skilled labour pool. The vibrant neighbourhood offering a wide variety of retail and recreational amenities, all at walking distance, provides occupants the quintessential live, work, shop and play environment, contributing to talent recruitment and retention.
The City of Hamilton itself boasts the second-largest labour pool in Ontario, is home to Canada’s busiest Great Lakes Port, and is recognized for having a business focus. With Greater Hamilton Area’s industrial vacancy rate at 0.6 per cent according to Colliers’ Q2 2021 Toronto Industrial Report, iConnect is an in-demand addition to the region’s inventory.
The above advantages make iConnect a prime destination “where business and community connect” and are the very aspects that are drawing today’s biggest brands to the development.
“The live-work-play connectivity iConnect offers aligns with the talent attraction and retention strategies of the companies that have taken space at the business park,” says Doug Murray, Senior Vice President with Colliers Burlington-Hamilton. “Like-minded organizations tend to congregate, hence iConnect shaping up to be a preferred location for today’s innovators and movers. A big congratulations to The Krpan Group and The Remington Group – their vision and objectives have culminated in a development that is in a league of its own, positioning businesses that choose to locate there, for greater success.”
“We are thrilled with the activity iConnect is seeing, and to welcome Lincoln Electric and AXYZ Automation Group to the Hamilton community,” says Norm Schleehahn, Director, Economic Development, City of Hamilton. “Hamilton has always been a centre for business and innovation – By housing leading engineering and technology firms and enabling them to do their best work, iConnect reinforces this position while bolstering our economic growth: L3 Harris, Stryker, Lincoln Electric and AXYZ Automation setting up shop at iConnect translates to over 1,900 new and expanded jobs for Hamilton. We look forward to iConnect bringing even more word-class organizations into the fold.”
iConnect provides industrial leasing solutions ranging from 10,000 square feet to 500,000 square feet, and office leasing options ranging from 3,000 square feet to 70,000 square feet.