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A Canadian company's plan to build a medical innovation park on 82 acres of land it bought in Oro-Medonte, Ontario, is dead after the provincial government revoked the project's zoning order, Global News reports.
According to the Toronto Star, the Ontario Ministry of Municipal Affairs and Housing started a 45-day consultation on revoking the zoning order, which allowed for the development, manufacture, and distribution of medical products, including face shields, masks, protective gowns, gloves, and alcohol hand sanitizer.
"There is only harm that can be done if this is revoked and nothing positive comes from it," David Yeaman, president of Molded Precision Components, told Oro-Medonte Township Council in January.
Yeaman, who bought the land for $2.65 million in October, said no applications had been received for the project, nor had he been contacted by the landowner about progress on it.
"This is the right land, in the right location, at the right time," Yeaman said.
The township's manager of planning services said staff were of the opinion that the project "is not progressing in an expedient manner as intended through the approval of the site-specific MZO."
Oro-Medonte council asked the province to hold off on revoking the zoning order
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Foundation: Parasol Tahoe Community Foundation
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Foundation: Latino Community Foundation
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Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more
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Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more
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