Slate Asset Management, the private equity firm behind the redevelopment of Stelco’s Hamilton lands, plans to submit formal development plans to the city in the coming months.
The first phase, set to begin next year, aims to transform the 800-acre industrial parcel into a modern commercial district known as Steelport.
New renderings unveiled by Slate feature proposed public parks, creative office spaces, film studios, and a waterfront district with potential for restaurants, retail, entertainment, and cultural spaces. While focusing on public use, the primary emphasis remains on employment, with estimates suggesting the project could create up to 23,000 jobs and contribute $3.8 billion to Ontario’s economy.
Read the full story from The Hamilton Spectator’s Fallon Hewitt here.
(Steelport rendering cover photo credit: Slate Asset Management)