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Thursday, May 17, 2007

Stratford "U" Update

City council in Stratford,heard a consultant’s report Monday night about the economic and employment impact if plans go ahead for a University of Waterloo branch campus. Construction would bring $56.4 million to the city and create 415 jobs, Deloitte & Touche analysts reported, and when the campus was in full operation it would provide 180 jobs and turn over $26.7 million a year. “The campus will during the initial phase cater to approximately 500 students,” said a summary presented to council. “The campus would be expected to grow to approximately 1,000 students. The development also contemplates a conference facility (The Stratford Centre) that will operate between May and September each year. A 250 unit residence will be constructed in partnership with private sector partners.”Stratford

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