Oxford Properties Multi-Level Industrial Project Underway
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Canada's first large-scale, multi-level industrial project is underway and is being developed by none other than Oxford Properties. Once a paperboard milling operation in Burnaby, BC, will transform into a one-of-a-kind business hub.
The project is set to be completed in 2022 and will be two-storeys, housing over 437,000 square feet on the ground level. The second level will be fully accessible to full-size transport trailers via a heated ramp and over 270,000 square feet.
The project is anticipated to be the largest industrial property in the area and is likely to attract the labour industry. According to Jeff Miller, the head of industrial at Oxford Properties, "The pandemic has accelerated the penetration of e-commerce into our daily lives and will put additional demand for infrastructure such as logistics space to service the growing digital economy."
The development will satisfy both municipality's and stakeholders' needs, allowing for maximized growth in one of the country's most resilient asset classes.
Learn more about Oxford Properties' multi-level industrial project.
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