THOROLD, ONT. – Development partners in Thorold, Ont. are celebrating the latest addition to the Thorold Multimodal Hub, an industrial complex in Niagara Region, that brings the space available to 400 acres of land and over one million square feet of indoor space.
The newly acquired property adds 170 acres of land and over 500,000 square feet of warehouse space, suitable for industrial, manufacturing and logistics businesses, stated a recent release. The facility features 55-foot ceiling heights, overhead doors, loading docks, multiple spray booths, rail transload capability and multiple heavy cranes.
The addition is a former automotive parts plant that closed its doors in 2008. The facility’s new owner is The BMI Group, through its subsidiary Bioveld Canada, which specializes in redeveloping and adapting brownfield sites for new industrial uses. The BMI Group already owns a 155-acre site with over 600,000 square feet of buildings within the existing Thorold Hub.
The co-ordinator of the Thorold Multimodal Hub is HOPA Ports. The first phase was launched in December 2020 and there are now more than a dozen companies operating in the hub.
Hub tenant Char Technologies recently announced $11 million in investment in their facility. The hub connects to the Welland Canal Trade Corridor, with road, marine and rail access.
“We see incredible potential in this new space,” said Justus Veldman, The BMI Group managing director, in a statement. “Our success in attracting users to the first phase of the Thorold Multimodal Hub, through our partnership with HOPA, gives us the confidence to expand our investment in the Niagara Region.”