PRESS RELEASE
For immediate distribution
A $300 million+ investment
A MAJOR NEW INDUSTRIAL DEVELOPMENT IN KIRKLAND
Kirkland, QC, September 6, 2022 – Rosefellow, a leading real estate developer, and the Town of Kirkland announced the construction of three energy-efficient LEED-certified buildings in a $300 million+ project aligned with the city’s industrial and sustainable development plan. This major industrial project, which favorably positions the municipality in western Montreal’s economic development landscape, will be located on a prized 1.3 million square-foot lot in its northwest sector.
Work will begin in the spring of 2023 and take place over a period of one year on this signature project inspired by thoughtful and sustainable design characteristics that align with the City of Kirkland and Rosefellow ‘s desires to create a high-end cutting edge industrial hub.
The acquisition by Rosefellow of this city-owned lot represents a major gain for the company. “We are setting the bar high! We will use 100 years of combined experience to build an exceptional project that will make Kirkland shine on a national scale. This high-end industrial development will attract some of Canada’s most renowned tenants. We would like to thank the city for the trust they placed in us, and above all, for believing in Rosefellow’s vision,” said Mike Jager, Rosefellow’s co-founder and co-owner.
These new facilities, coupled with the retention basin and stormwater network recently built in the area align perfectly with the Town of Kirkland’s industrial and sustainable development plan.
“We are very pleased with this collaborative venture with Rosefellow,” said Michel Gibson, Mayor of Kirkland. “The development of this prized property in a quality urban environment is part of the municipality’s strategic vision of consolidating a cutting-edge industrial and commercial sector, on both sides of the Highway 40. This prestigious industrial project, endowed with high-quality architectural and landscape harmonization, will shine throughout the region and across the province.”
A COVETED PIECE OF PROPERTY
The new development will be built in Kirkland’s industrial zone, a prestigious site located in the Western part of the island of Montreal, at the corner of Highway 40 and Boulevard Saint-Charles. This strategic location, which is in close proximity with the REM transportation hub, is accessible by car and public transit and will enable future investors, tenants, distributors, and employees to pursue their activities on the island of Montreal.
Rosefellow will install a wall not far from the residential area located near the new industrial campus in order to preserve neighboring residents’ safety, sight lines, and tranquility. The wall’s precise location remains to be confirmed.
Rosefellow has headed several large-scale industrial real estate projects during the past year. These include construction of a cold storage warehouse for Congébec in Mascouche, a new Nespresso distribution center located in Pointe-Claire, and an industrial hub in Casselman, Eastern Ontario, where Ford Canada has rented out space.
The new development will be located in the Western part of the island of Montreal, at the corner of Highway 40 and Boulevard Saint-Charles.
ABOUT ROSEFELLOW
Rosefellow is one of Montreal’s leading real estate development firms with over 20 million square feet of industrial and multi-residential projects under development in Quebec and Ontario. Rosefellow designs, builds and manages buildings that push the boundaries of sustainable innovation at every opportunity. The company is responsible for the recent completion of the Cent-Onze residential rental project in Saint-Laurent, which is scheduled to open in the fall 2022, as well as several industrial buildings in the Montreal region and in Ontario.
ABOUT TOWN OF KIRKLAND
Kirkland is a young and dynamic city located in the heart of the West Island of Montreal whose territory extends over an area of 9.64 km2 and which serves a population of 20,081 inhabitants. Kirkland’s ease of access, proximity to essential services and the quality of the services it offers residents and corporate citizens who choose to call Kirkland home, are all attributes that make Kirkland the vibrant city it is today, a great place where to live, work and play.
Alexandra Mc Donald | Alexandra@fernandezcom.ca
C. 418 271-7600
My-Le Nguyen | my-le@fernandezcom.ca
C. 438 830-5452