Black Bear Ridge – Economic Impact Assessment
About the project
urbanMetrics was retained by Black Bear Ridge GP Inc. to prepare an Economic Impact Statement related to a proposed development application to enable the development and integration of residential and resort-recreational uses on a 370-hectare parcel of land, currently operated as a premier-grade golf course in the north end of Belleville, Ontario.
Our report BBR evaluated the anticipated economic impact of a $1.5B+ in capital investment in terms of job creation, tax generation and value-added spending attributed directly and indirectly to the proposal expansion plan. In late 2022, the proponents were granted approvals from the Ministry of Municipal Affairs and Housing to advance their development ambitions to create upwards of 3,000 on-site units within the existing golf course property.
More info here:
https://www.intelligencer.ca/news/local-news/black-bear-ridge-project-gains-ministry-support
