[ScreamingViking]

Developer breaks ground on $80-million cold storage facility expansion at Red Hill Business Park

https://www.thespec.com/business/202...ness-park.html



By Kate McCullough
The Hamilton Spectator
Wed., Dec. 2, 2020

An $80-million investment at a Hamilton business park will allow a meat supplier to expand its facility, creating 100 new jobs in the city.

Local developer Penta Properties says it has broken ground on a major expansion of a cold storage facility at the city’s Red Hill Business Park on the east Mountain.

“(The project)’s underway, and it's full speed ahead,” Angelo Paletta, CEO for Penta Properties, told The Spectator.

The developer’s tenant, Sierra Supply Chain Services, which focuses on processing and storing meat, will more than double its freezer and cooler operations, expanding from its current 93,000 square feet to 250,000 square feet, according to a Dec. 2 media release.

“One thing that COVID has definitely created is a demand for storage of all kinds,” Paletta said. “Anyone that's in the retail business today is now going to want to keep some product on hand to avoid any shortages that may arise.”

The new “state-of-the-art” cold storage facility is set to be energy efficient, accommodate advanced warehouse management systems and “value-add” services for companies that sell refrigerated products, the release reads.

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The company also plans to grow its food processing space by 30,000 square feet. The new facility is expected to open next fall.

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Full story here