Barrie's Georgian College to see large funding Increase

Huge $4.65 Million Dollar Injection into Georgian College.

The Province of Ontario will boost Georgian College in Barrie with a 4.65 million dollar expansion into a renewable energy technologies program.

Construction will begin in 2009 on adding 16,197 sq ft building to the Barrie campus to house the program. Its part of the $1.5 billion skills to jobs action plan the province has promised to boost skilled workers in Ontario. The new program will add a total of 700 new students to the College.

From a real estate prospective, look for upward pressure on real estate market values as well as increasing demand for the student rental market. The increase in values will come from teachers/service oriented people moving into the area to fill the added jobs. ( reducing housing stock inventory by buying homes) . The upward pressure on rentals will come from an increase of students needing a place to live. The Georgian Campus housing has maxed out....It will be a boon for the local rental market around the Grove, Duckworh and Johnson street areas.

Mark Vosylius

(705)-812-1033

Email: mark(at) manainvestments.com

Mana Investments - www.manainvestments.com - We work with real estate professionals, joint venture partners and RRSP holders achieve wealth through real estate investing. We specialize in using RRSP as for real estate investing in Barrie, Orillia, Collingwood, Midland and the Muskoka's

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