The City of Cambridge was formed in 1973, by merging the communities of Preston, Galt and Hespeler. The three communities date back much further and maintain their rich history, culture and still keep their unique downtown cores.
Cambridge is a flourishing city and is dedicated to it’s continued growth. An average of $244 million has been invested annually in building construction over the past ten years, with one third of it going toward the new residential sector. A strong business environment, easy access to the growing nearby cities of Guelph, Kitchener and Waterloo in addition to easy access to the GTA (Greater Toronto Area) are strong contributors to the 3.4% increase in business establishment over the past 5 years. Overall Cambridge has approximately 33 million square feet of industrial space on more than 2500 acres of industrial land.
Conestoga College also calls the City of Cambridge home with a 260,000 square foot facility home to their School of Engineering & Technology, some programs from the School of Trades and Apprenticeship as well as the Insitute of Food Processing Technology. This has a very positive impact on the local economy and creates a student rental market for real estate investors.
While business and industry is very important, keeping the city green is a strong initiative as well. The Cambridge City Green is a volunteer group committed to encouraging and promoting a greener lifestyle while also organizing city clean-ups and tree planting with 9000 stems planted to date. The city also has more than 100 parks with 365 hectares of parkland in addition to over 50Km of trails. Lastly, we can’t forget about the multiple conservation areas throughout Cambridge including Shade’s Mills park, Dumfries Conservation Area, Chilligo Conservation Area and Valens Conservation Area. Enjoy swimming, hiking, cycling, canoeing, swimming, fishing, cross country skiing and more.