Brampton's Big University Update Delayed Until 2018
The province was set to announce some big details on Brampton’s upcoming university by the end of 2017, but it’s December and it doesn’t look like we’ll be getting an update anytime soon.
The City of Brampton just announced that the provincial update on the plan for the Ryerson-Sheridan partnership university that’s set to be built somewhere in downtown Brampton in the coming years has been delayed from the end of 2017 to “early in 2018.”
“The Province had initially indicated a late 2017 timeline for a significant announcement about the successful proponents and the plan for a new university in Brampton,” said the City in a recent statement. “The process to get to that point has taken longer than expected.”
The university will be a whopping $150 million investment for a post-secondary facility and a community space for joint-use to support a university, business innovation and collaboration, community interaction and cultural growth.
In terms of provincial support, the province is spending $180 million on post-secondary institutions in both Brampton and Milton, which the report details as a "starting point" for provincial investment. More details are to come on provincial investment, as the province has expressed a keen interest in developing this new institution. So, there's a chance Ontario will invest more.
Great economic impact is expected from Brampton’s new university.
An economic impact study of a 5,000 student post-secondary facility in Brampton estimated construction would add more than 1,800 jobs, and ongoing operations would add more than 1,500 jobs, according to the city. Further, analysis by urbanMetrics Inc. suggests that a centre for education, innovation and collaboration in Brampton will result in visitor spending of $18.3 million a year
According to the report, alongside a complete transformation to downtown Brampton, the report expects an ongoing economic impact of $220 million annually, or 1,510 jobs, based on a medium-term enrolment of 5,000 students.
The university will focus on Science, Technology, Engineering, Art, and Mathematics, or STEAM, alongside advanced technology and experiential learning.
This is all well and good, but next steps are pending. A Memorandum of Understanding between all partners has yet to be completed, plans are still in the works for the entire project, and, of course, we’ll have to wait a little longer for the formal announcement by the province on plans for a new university in Brampton.
As of now, there’s no definite timeline for the university. However, the City aims to start development at some point in the 2020s.
When the Ryerson-Sheridan proposal has been reviewed, the province will announce details in 2018. Then, city staff will have the opportunity to agree upon investment details such as programming, proposed location, economic and social impact, growing the number of students to a sustainable level, and collaboration with Sheridan, new businesses, and other partners.
We’ll keep you updated as more details arise. For now, here’s everything you need to know about Brampton’s upcoming university.
- City Could Spend Up to $150 Million on Brampton's New University
- Everything You Need to Know About Brampton's New University
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- City Continues Efforts to Secure a New University in Brampton
- Here's What We Know About the University Coming to Brampton