Gerald Vander Pyl, (EDMONTON JOURNAL) — The most highly anticipated industrial park in the Edmonton-area market has launched with an unparalleled combination of location, quality and diverse lease offerings.
Park Central Square is being developed by industry leader Beedie as a fully serviced, master-planned 80.9-hectare (200-acre) industrial and logistics park that at final build-out is expected to include up to 2.5 million square feet of new industrial space.
“The more time we spent looking at this site, the more we realized that this truly was a hidden gem,” says Jorden Dawson, Beedie vice-president of industrial development.
“It has excellent access to major transportation routes in southeast Edmonton. There is almost unsurpassed flexibility in terms of possible building configurations within the park. On top of that, it is being designed to be a best-in-class asset, with a high-end prestige business park feel.”
Park Central Square was designed as an ideal home for companies from a variety of disciplines. It will offer lease options on a wide range of small to large sites, with plans both built-to-suit and speculative buildings anywhere from 75,000 square feet to more than 1,000,000 square feet.
“We should be able to satisfy any sort of requirement in the greater Edmonton market,” says Dawson. “We’ve already laid out buildings within the park in excess of one million square feet, and we were able to accommodate that very easily.”
With its proximity to the Edmonton International Airport, only a 20-minute drive away, and easy access to Anthony Henday Drive, Park Central Square is expected to attract distribution and logistics industries, energy services companies, as well as light manufacturing and service commercial users.
Dawson says that Beedie’s vertical integration allows the company to offer everything from the initial land development to design, construction, leasing and property management.
“The flexibility we have with this park, coupled with Beedie’s abilities to deliver on build-to-suit projects, puts us in a unique position.”
“With those different pieces of the puzzle, we’re able to accommodate and work with tenants in a very efficient and effective manner. I believe that’s where we are really going to excel. The flexibility we have with this park, coupled with Beedie’s abilities to deliver on build-to-suit projects, puts us in a unique position.”
The sheer scope of the project means that companies can grow within the park, while its location with easy in-and-out access, added amenities and nearby retail and services has additional appeal, he adds.
“It’s a top-end development. Even within Park Central Square, we’ve got an area slated for an amenities field and park. We want to ensure that this park is attractive not only from a location and financial perspective, but from a destination perspective as well.”
While many companies have set up in the Nisku and Leduc areas in recent years, Park Central Square provides a compelling alternative.
“It is a pretty unique offering to be within the city limits, literally looking on to the ring road, and have these type of amenities and services nearby,” says Dawson. “I think we’re well-positioned to be a competitive offering that allows groups to stay within the city of Edmonton and allows their clients and personnel to enjoy the advantages of being within the city.”
Go to Parkcentralsquare.ca for more information.
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