PICKERING, ON, Sept. 21, 2022 /CNW/ - Premier Doug Ford will be breaking ground on a new, 233,000 square foot, multi-unit, industrial complex developed in partnership by SmartCentres and Lastman's Bad Boys in Pickering's Innovation Corridor, with the lead tenant, Lastman's Bad Boy, taking 130,000 square feet for its new, state-of-the-art, corporate head office and distribution centre.
WHO: Premier Ford, SmartCentres, Lastman's Bad Boy, Mayor & Members of Council
WHAT: Ground Breaking Event in Seaton's Innovation Corridor
WHERE: 3550 Sideline 24 (west side of Sideline 24, immediately north of Highway 407)
WHEN: Friday, September 23, 2022 at 3:00 pm
With an estimated value of $70M, the target completion date of the project is March 2023. In addition to the construction related jobs and economic spin-off, the relocation of Lastman's Bad Boy head office and distribution centre will bring over 200 new jobs to Pickering and Durham Region.
Pickering's Innovation Corridor encompasses over 800 acres of prestige employment lands and is currently the home of Kubota Canada's headquarters and operations facility. The City looks to make additional Innovation Corridor investment announcements in the next coming weeks.
"We're thrilled that national leaders, SmartCentres, and Lastman's Bad Boy have chosen to make this significant investment in Pickering's Innovation Corridor. In addition to the over 200 new jobs, construction values, and economic spin-off, this landmark project will help attract even more industrial and commercial investment to Pickering and Durham Region. We're only getting started!"
Dave Ryan, Mayor, City of Pickering
"We are honoured to be developing a new state-of-the-art 40' clear head office and distribution centre, and adding Bad Boy, one of Canada's most successful companies, to the SmartCentres portfolio; the first of many industrial buildings program. We are very pleased to bring this facility and the 200 plus jobs to the City of Pickering and the Province of Ontario."
Mitchell Goldhar, Executive Chairman and CEO, SmartCentres
"We are delighted to be partnering with Smart Centres as we build our new head office and distribution centre in Pickering. The City of Pickering has welcomed us with open arms, and we are beyond excited for this expansion!"
Blayne Lastman, CEO, Lastman's Bad Boy
As the gateway to the east GTA, Pickering (population 94,000) is strategically located where Toronto, York and Durham Regions meet. An award-winning municipality, Pickering is slated for significant economic and residential growth; offering an unparalleled quality of life for those who live, work, and play here. Its dynamic City Centre has been designated by the Province of Ontario as both an Urban Growth Centre and Mobility Hub, and continues to evolve as a preferred destination for creative learning, memorable events, and unique experiences at the heart of a vibrant, connected, and engaged community.
SOURCE City of Pickering
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