Caledonia Industrial Estates – a New Expansion for a Bright Future
It seems like only yesterday, that Moncton Industrial Development (MID) undertook a major $15 million expansion of Caledonia Industrial Estates. That expansion which began with the launch of the first phase in late 1993, saw the construction of new streets and services within the industrial park along with a new interchange access onto the Trans Canada Highway.
Ten years later, due to the success of the park, once again the shovels and trucks were brought in to build the new streets and underground services to allow us to add new serviced lots to the MID inventory. This latest expansion has added another 130 acres of serviced area, bringing the total available inventory to 260 acres. This level of availability ensures a wide mix of sites will be readily available to handle most types of industrial projects. Whether it’s a project needing just a couple of acres or one needing 40 acres, with this new expansion there will be a site to meet those varying needs.
“We have expanded the park eastward.” says Peter Belliveau, general manager of MID “Both Commerce Street and Frenette Avenue were extended east and joined together creating a loop to open up this large block of land.” When it comes to industrial sites, when a business decides where it wants to go, it can’t afford to sit and wait while infrastructure is built, so it’s important that industrial park operators like MID have a large amount of land ready for immediate development. “With this expansion, it gives us the potential of pursuing a broad range of opportunities, and who knows just what might come along.”
Those potential opportunities can best be described by looking at what has happened in this industrial park since the completion of the last expansion. Over 300 acres have been sold to a variety of businesses to enable the establishment of large, medium and small projects. Shoppers Drug Mart built their Atlantic regional distribution centre in the heart of the newly expanded park. This 150,000 sq.ft facility is a clear demonstration of the strategic value of Caledonia for servicing the Atlantic region. Even more, this year they added another 80,000 sq.ft bringing this facility up to some 230,000 sq.ft.
If that wasn’t enough of a demonstration, then look at Atlantic Wholesalers (subsidiary of Loblaws) which built their frozen foods distribution centre in Caledonia. At 185,000 sq.ft this cold facility is in an ideal location for timely delivery of their frozen products to the many Atlantic Superstores in the region.
In an entirely different type of business but still a key part of the Caledonia story is Spielo Manufacturing which just finished a 55,000 sq. ft expansion to bring their building up over the 100,000 sq.ft mark. Being the largest single employer in Caledonia, with more than 400 people working there, this video gaming company needed new space to allow for its continued growth.
Adding to this large mix of business is a new diaper manufacturing plant for Irving Personal Care. First phase of the plant is a 150,000 sq.ft facility but looking to the future, IPC knew they needed a site that would allow them to grow as they continued to build new markets for their product. Caledonia was the answer. Just off the main entrance to Caledonia, this new plant, which began full operations in July, is sure to catch a lot of eyes and generate a lot of traffic.
But not all development in Caledonia comes from large projects which is why it is important to have an inventory mix to accommodate a wide variety of businesses. For those in the medium size category, we have a new distribution centre for Kraft Canada, we have a distribution centre for Bunzl Canada and we have a service and transportation centre for Sears/SLH Transport. In food production, we have Atlantic Waffles which opened their 20,000 sq.ft manufacturing facility in 1996 and then following the success of the initial plant, they tripled the size to 60,000 sq.ft a couple years later. In a totally different business category, we have the software HQ of Whitehill Technologies which is one of Canada’s fastest growing companies according to Profit Magazine.
On the smaller side but no less important to Caledonia’s growth, we have seen new facilities go up recently for Detroit-Diesel Allison, Enviro Chemicals and Acadia Bricklayers. These add to other operations in the park such as TIP Trailer Leasing, Maritime Hydraulics, Quadco, Techno-Logic and more.
These are just some of the examples of the companies that have made Caledonia Industrial Estates a success. There is a mix of transportation companies, distribution operations, manufacturers, technology related firms and various support service businesses.
But success also brings new challenges to keep the snowball rolling. So to keep the Caledonia snowball rolling, it was necessary to expand. By increasing the variety and mix of available sites, this expansion is sure to position Caledonia to continue growing in the future. The actual work on this latest expansion began in May and was completed in late October. So in just a few short months, a “new” Caledonia has emerged with a whole new list of sites.
“Our previous expansion opened up a variety of new sites but it also created an overall interest in the park. With its location adjacent to the Trans Canada and with its new interchange, Caledonia suddenly became a key strategic location for doing business in this region” said Peter Belliveau “We have a great mix of companies operating from Caledonia today and with this newest expansion, we look to add to that mix in the coming years.”
A great location, great available sites, who could ask for more!