Actually this Spec article on Burlington running out of growth room has to be good for Hamilton real estate:
Burlington not on growth ‘autopilot’ anymore
Burlington’s all grown up. Now it’s time to grow from within.
The city across the bay has experienced strong and varied growth as greenfield after greenfield along the QEW, and key corridors such as Harvester and Upper Middle and the services roads have seen office buildings and high tech manufacturing sprout like dandelions in spring.
But that easy path to economic growth is about to close. The city is running out of industrial and commercial land, and that means it has to rethink its approach to its economic future.
“We’re not on autopilot anymore,” said Mayor Rick Goldring. “The dialogue has changed. We don’t have ample land for residential or employment development. As a community … we need to have a multipronged strategy.”
Burlington’s challenges have sharpened its urban planning focus.
The municipality is committed to keeping a 50/50 split between urban and rural lands while a facing shrinking employment and residential land supply. At the same time, Burlington needs to maintain economic growth.
Because while the city’s residential growth has slowed to a near crawl — the slowest in the GTA, in fact, at a projected growth of 176,000 to 195,000 in 19 years — its economic growth must keep pace.