336,000 sq. ft., state-of-the-art industrial facility to open in Mississauga in 2023

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Published July 21, 2022 at 11:00 am

336,000 sq. ft., state-of-the-art industrial facility to open in Mississauga in 2023

Construction officially began this week on a huge, state-of-the-art industrial complex in the north end of Mississauga.

Meadowvale Commerce Park (MCP), to be located at Meadowvale Blvd. and Mississauga Rd., will feature two state-of-the-art industrial facilities the developer notes are strategically located between two major transportation arteries–Hwys. 401 and 407.

The buildings, which will total 336,000 sq. ft., are an infill development that will sit on a site more than 15 acres in size. The facility is expected to open in 2023.

“Adjacent to many top-tier companies and located near 46 restaurants, three banks, four hotels and six transit routes, MCP will contribute to the continuous development of Mississauga’s manufacturing hub,” MCP officials said in a news release. “It is perfectly positioned to benefit from Mississauga’s highly-educated talent pool and encourage growth in one of Canada’s largest labour pools, contributing to the city and province’s economic development.”

Both buildings will feature:

  • 40-foot clear heights
  • 40×55-foot bay sizes
  • 60×55-foot marshalling bays
  • two drive-in doors

The first building, at 187,290 sq. ft., will have 37 truck-level docking doors and 142 parking spaces.

The second building, at 149,510 sq. ft., will have 24 truck-level docking doors and parking for 115.

The two-building facility is being developed by real estate investment trust H&R REIT, entrepreneurial real estate developer Tribal partners and commercial real estate firm Cushman & Wakefield, who note its proximity to Pearson Airport in Mississauga is also beneficial.

Mayor Bonnie Crombie, who was on hand for the July 18 ground-breaking, said in a tweet that the new industrial facility will “strengthen our already robust industrial sector and encourage local job creation.”

Mississauga-Streetsville MPP Nina Tangri said the new industrial complex “…will contribute to Mississauga’s economic development and help create well-paying jobs” for local residents.

 

 

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