Media Release – Town of Lincoln Exceeds $100 Million in Construction Value in 2020

Media Release – Town of Lincoln Exceeds $100 Million in Construction Value in 2020

Lincoln showed a strong year of private sector investment despite ongoing pandemic.

Lincoln, ON - (Feb. 4, 2021) – The Town of Lincoln is pleased to report a strong 2020 with $103,695,584 million in construction value, despite the economic downturn caused by the COVID-19 pandemic.

Since 2016, Lincoln has experienced tremendous growth in private sector investment and is expected to continue with additional commercial, industrial, and residential projects in the pipeline. An ongoing economic driver for the Town continues to be permits for new construction across the municipality.

“Council is committed to creating a welcoming, connected, vibrant and resilient community for all residents and businesses,” said Town of Lincoln Mayor Sandra Easton. “As a municipality, Lincoln relies on development charges to help pay for new or upgraded roads, transit, water, and sewer infrastructure, community centres, and emergency service facilities. With Lincoln’s growing private sector investment, Council can continue to invest in our community.”

“Throughout COVID-19, we knew that moving forward construction projects was integral for our municipality to continue down the path of economic recovery,” said the Town’s Chief Administrative Officer Michael Kirkopoulos. “We will continue to actively seek future private sector investment to help stimulate our economy and leave no stone unturned in 2021 and beyond. We continue to boast one of Niagara’s most diversified economies, and this means keeping people working.”

While the pandemic has undoubtably slowed overall private sector investment across the region and the province, the Town has still seen a significant increase in construction value and permits over the past decade.

“The more industries, enterprises and institutions Lincoln can continue to attract and grow, the more Lincoln can diversify our tax base and lessen the burden on our residential taxpayers,” said Deputy Mayor Greg Reimer. “We will continue to foster balanced growth of both residential and industrial/commercial development to ensure Lincoln remains a great place to live, work, and invest.” 

Town staff are projecting that 2021 will continue to see a healthy level of investment into our community. For additional information, the staff report is linked here.


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For more information, please contact:

Liliana Busnello
Manager of Corporate Communications
Town of Lincoln
Direct: 905-563-2799 ext. 230
Tel: 905-563-8205
lbusnello@lincoln.ca

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