The Peterborough Downtown Business Improvement Area (DBIA) has announced it will be relocating to the Venture North building on May 1.
According to a media release from the DBIA on Monday (March 18), the decision to move the DBIA’s offices from 313 Water Street (across from Robinson Place) to Venture North was made after “careful consideration and extensive planning” by the DBIA’s board of directors.
“Our current location at 313 Water Street has served us exceptionally well over the past 30 years,” says board chair Sacha Lai-Svirk in the media release.
“However, as our community’s needs and the DBIA’s ambitions have grown, it became clear that a new space was necessary to support our future initiatives.”
Owned by Ashburnham Realty and located at 270 George Street North at King Street, Venture North was purpose-built in 2016 to be downtown Peterborough’s business hub and is already home to local economic development organizations including Peterborough & the Kawarthas Economic Development and the Peterborough & The Kawarthas Tourism visitor centre, the Innovation Cluster Peterborough and the Kawarthas, and Community Futures Peterborough, among others.
The DBIA says it expects the move to Venture North will strengthen partnerships with these organizations and “better connect the DBIA to the historical downtown area, aligning with any possible future plans to revitalize and expand the downtown district.”
Venture North offers dedicated board rooms, a lobby area for public engagement, and enhanced facilities.
“The Venture North building offers a modern, sustainable, and accessible location that aligns with our goals and vision for the future of our downtown business area,” Lai-Svirk says.
