Developers break ground on Mississauga industrial project
A group of GTA developers has officially launched construction of new industrial facilities in Mississauga.
Toronto-based H&R Real Estate Investment Trust and Vaughan’s Tribal Partners celebrated the start of construction at Meadowvale Commerce Park last month.
The 336,000-square foot, two-building infill industrial development is located on a 15.45-acre site.
It will feature two state-of-the-art industrial facilities, strategically located between two major transportation arteries – highways 401 and 407, and 18 Kilometers from the Toronto Pearson International Airport.
Both buildings will feature 40-foot clear heights, 40×55-foot bay sizes, 60×55-foot marshalling bays, and two drive-in doors.
One building will be 187,290 square feet, with 37 truck-level docking doors and 142 parking spaces; the other will be 149,510 square feet with 24 truck-level docking doors and 115 parking spaces.
"This project with two state-of-the-art industrial buildings is a unique and exciting opportunity for Mississauga,” said Lance Trumble, Managing Director and Founding Partner, Tribal Partners. “I look forward to the Meadowvale Commerce Park becoming available in 2023 to contribute to the city's economy and job opportunities."
"I'm truly excited to welcome the Meadowvale Commerce Park to our vibrant and growing city, said Nina Tangri, MPP for Mississauga-Streetsville. “This new state-of-the-art facility will contribute to Mississauga's economic development and help create well-paying jobs for the local residents in our community."