Media Release
Toronto, ON-October 21, 2019 -Panattoni is excited to announce that it will be holding a groundbreaking ceremony on Tuesday October 22nd, 2019 at 9:00 a.m. to launch their new industrial development in the City of Hamilton.
Located at 50 Aeropark Boulevard, this state-of-the-art development is Panattoni’s first speculative project in Hamilton and will offer tenants high quality property attributes and cost savings through high efficiency building and design.
Construction is about to begin on this 264,534 SF speculative building, the first building in Aeropark that will eventually offer a total of 1.6 million square feet of speculative development over multiple buildings. The site is strategically located adjacent to John C. Munro Hamilton International Airport, Canaada’s largest overnight express cargo airport and is also in close proximity to the Lincoln Alexander Parkway and Highway 403, offering great connectivity to 400 series highways. Leading the market in the design of best-in-class industrial facilities, features of this site will include high efficiency LED lighting, a superior clear height and shipping door ratio, ESFR sprinklers, as well as the coveted feature of trailer parking.
“We are thrilled to be building in the City of Hamilton” said Panattoni’s Development Manager, Adam Lambros. “Panattoni is investing in Hamilton because we believe in this City’s growth potential. We believe in Hamilton’s people and we believe in the Airport Employment Growth District”.
“The Panattoni Group’s investment in the Airport Employment Growth District (AEGD) is another endorsement of the growth and opportunities that exist in the area surrounding Hamilton International Airport,” said Cathie Puckering, President & CEO, John C. Munro Hamilton International Airport. “This investment will create a positive economic impact to the City of Hamilton and the region as a whole.”
The ground breaking event will kick-off a very exciting project for Panattoni, providing high quality product in a new market area. With up to 1.6 million square feet available, the Panattoni team looks forward to welcoming tenants to the site.
For further media information contact: Karen Pickernell, Marketing Manager at kpickernell@panattoni.com or 416.915.0685
Panattoni Development Company, Inc. is an industry leading privately held commercial real estate development company. Our 24 offices in Canada, the United States and Europe are responsible for development of over 320 million square feet. Each office is rooted in the local community with strong partnerships that produce the best results for our clients in each region. The Canadian operation has offices in Toronto and Edmonton and specializes in industrial speculative and build-to-suit development.