Strategic Location
Located in Oro Medonte, the 595-acre Lake Simcoe Regional Airport is among the newest regional airport facilities in Canada. It is located in one the fastest-growing regions of North America, just an hour’s drive north of Toronto. Simcoe County’s growing region serves an immediate catchment area of more than 533,000 people, supported by diverse employment sectors including manufacturing, aerospace, professional services, entrepreneurship, agriculture and tourism.
Commercial Development Opportunities
Southwest Commercial Fully serviced lots ideal for general aviation businesses.
Southeast Commercial Un-serviced land ideal for future commercial aviation development.
Northeast Commercial Un-serviced land ideal for future large scale commercial aviation developments.
Northwest Commercial Un-serviced area.
Why Simcoe
County
Simcoe County is ideally situated in the Greater Golden Horseshoe, one of North America’s fastest growing regions. The current population of 10 million is forecasted to grow to 13.5 million by 2041 and close to 15 million by 2051. Simcoe County’s location just north of Toronto, Canada’s largest city and 4th largest in North America, provides businesses with seamless distribution access to global markets. As the pace of development, congestion and land values continue to rise in the Toronto Region, development is increasingly migrating north to Simcoe County. Along with a lower cost of doing business, the County provides strong access to markets via our road, rail and air infrastructure, a talented workforce and availability of premiere land.
LSRA ECONOMIC EMPLOYMENT DISTRICT
The Lake Simcoe Regional Airport economic employment district is one of only four provincially designated employment lands in Simcoe County. Recognized by the Province as an area that offers high potential to support the creation of high-quality jobs in the manufacturing and industrial sectors.
LSRA AEROSPACE DEVELOPMENT FUND
The Lake Simcoe Regional Airport Aerospace Development Fund provides funding support for manufacturing, flight operations (corporate charter/ management / flight department), AMO (Aircraft Maintenance Organization), R&D and scheduled passenger service-related investment projects at the LSRA.
Eligible projects must demonstrate that they attract private sector investment, develop the aerospace sector in Simcoe County, create jobs and build talent, lead to broad positive economic impacts and encourage research and development, innovation and collaboration.
The fund is established on a three-year basis (2024-2026), with maximum funding of up to $100,000 per year (with unallocated funds to be rolled over to the next year). Grants up to 20% of eligible project costs to a maximum of $100,000 will be considered.
Research
& Development
Harness the power of R&D partnerships with our leading institutions. 40+ Aerospace, aviation and space programs at colleges and universities across Ontario, including local partners at Georgian College and Lakehead University.
$500M Aerospace industry annual spend on R&D in Ontario
Airport
Development Lands
Approximately 150 Acres of serviced and unserviced land for airside commercial development opportunities are available at Lake Simcoe Regional Airport.
$100,000 Lake Simcoe Regional Airport Aerospace Development Fund to stimulate private sector investment
Southern Ontario
Airport Network
Southern Ontario is set to experience significant growth over the next three decades and is one of the fastest growing regions in North America. Not surprisingly, demand for air travel across the region will follow suit. This growth presents significant opportunities for the region, local communities and their airports.
Brought together in 2015 and formalized in 2017, the Southern Ontario Airport Network (SOAN) is a forum for leading commercial airports in the region to work together, support growth and amplify the overall impact of air service.
The network consists of 12 of the most significant commercial airports in the region. The vast majority of Ontario residents – 88 per cent – live in the metropolitan areas that these airports serve.
Lake Simcoe Regional
Airport Tenants
Air Service Development
The Lake Simcoe Regional Airport is actively looking to create opportunities for commercial air carrier operations. We would welcome new carriers and destinations that will enhance air service to the businesses and residents of Simcoe County and surrounding areas.