Opportunity:

Undeveloped greenfield site located within emerging industrial node

Project Summary:

• Acquisition of rare 80 acre greenfield development land in emerging GTA west  market, Bolton
• Gateway site, prominently positioned on the northwest corner of Highway 50 and Mayfield Road
• Roads, services and zoning entitlements  were undertaken to create an industrial subdivision of 73 acres
• Large land area provides for flexible development options to capitalize on many different market requirements

Results:

• Design Build facility of 150,000 square feet was secured to initiate vertical development
• Two land partnerships were created to pursue different niches in the marketplace
• One land partnership (46 acres) is dedicated to speculative state-of-the-art development and has completed phase one of its site development with a 627,000 square foot multi-tenant industrial facility
• Second land partnership (19 acres) will pursue high profile build-to-suit opportunities including potential retail uses to beheld as a long term investment