Cambridge Times

Conestoga College Gets $1.3 Million for Applied Research

Mar 1, 2018

Conestoga College’s new Applied Innovations Hub, at 64 Grand Ave., in Cambridge’s new Gaslight District got a jump start from the province Friday.

Cambridge MPP Kathryn McGarry, joined city and college officials along with the business community to announce that the yet to open facility, which is part of the Grand Innovations incubator hub, will receive $1.3 million from the Colleges Applied Research and Development Fund (CARDF). The college is one of 22 colleges across the province receiving CARDF funding.

City economic development department moving to Grand Innovations

Jan 29, 2018

The City of Cambridge’s economic development department is on the move and will become part of the Grand Innovations Technology Hub being created in the former Tiger Brand building at the corner of Grand Avenue and Cedar Street.

During Tuesday’s meeting council approved the move to create the new Invest Cambridge office in leased space within the tech hub. The city will sign a five-year lease with Grand & Cedar Inc. and Grand Innovations Inc. costing $48,420 annually.

2017 was a big year for HIP Developments in Cambridge

Jan 8, 2018

It has been a big year for HIP Developments, the Waterloo Region development company undertaking two major projects in Cambridge.

In the city’s north end, HIP is transforming Hespeler’s sleepy downtown core with its $50 million redevelopment of the former Jacob Hespeler industrial complex. Out of the dust of several demolished stone structures has risen Riverview, a 10-storey rental apartment overlooking the Speed River and the old millpond. To date many of the building’s roughly 150 units have been leased and officials say it is well on its way to full occupancy.

Southworks closes, work on Gaslight District begins

Jul 6, 2017

The deal by HIP Developments to buy the Southworks Outlet Mall is done and the work now begins on one of the largest redevelopment projects in Cambridge in recent years.

“The deal closed June 30 and all of the existing tenants have moved out and the mall is now closed,” said HIP Development’s president Scott Higgins, Tuesday (July 4).

Some of the Southworks’ tenants have found new homes in the Galt core area according to Higgins.

“Which is really good for everyone. I know Southworks Antiques has found space at 73 Water St. in Cambridge Place,” he said.

'Gaslight District' gets go-ahead from city councillors - June 7, 2017

Jun 7, 2017

Plans for the Gaslight District redevelopment project on the Southworks Outlet Mall lands cleared a major hurdle this week, receiving a number of approvals from city council.

They include official plan (OP) amendments related to building heights and setbacks, zoning changes and authorization to demolish parts of one of the buildings and sections of another.

Hespeler mill development takes a step forward

Oct 22, 2015

CAMBRIDGE – New life has been injected into a dormant development in the heart of Hespeler.

HIP Developments Inc. is now taking the lead on the much-lauded redevelopment of Jacob Hespeler’s former mills on the banks of the Speed River.

“Shawky (Fahel) set the stage for us,” said Scott Higgins, president of HIP Developments. “This project has been a long time coming.”

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