Airport Employment Growth District (AEGD)

[SteelTown]

Whoa a 1 million sq ft building? That's a beast of a warehouse.

[Dr Awesomesauce]

Good news.

[ScreamingViking]

Excerpts with more details, from the Schpec's story on it:


Hamilton airport development launches with $30-million warehouse
Panattoni project marks major milestone in city’s vision for an Airport Employment Growth District
by Tom Hogue
The Hamilton Spectator
October 22, 2019

...

Developer Panattoni officially broke ground Tuesday on a $30-million warehouse it will build even though there is no tenant for the 264,535-square-foot space at 50 Aeropark Blvd.

It's a "speculative" investment, but not the first for the privately held property giant that has 320 million square feet of space across North America and Britain and a Rolodex of clients that includes Coca-Cola, Canadian Tire and Adidas.

"We're building it without a tenant because we've got confidence in the marketplace, we've got confidence in the city," said Panattoni executive vice-president Michael Smele, who noted that 80 per cent of its projects start with a similar build-it-and-they-will-come strategy.

...

Panattoni bought the 82-acre Aeropark site near Upper James Street and Dickenson Road West last year for $27 million with the intention of developing 1.6 million square feet in stages.

The first building is expected to be ready for occupancy in the fall of 2020 as a single warehouse with 44 truck bays or divided up into offices for as many as 200 staff.

Meanwhile, the next Aeropark building is expected to be four times the size of the first at more than 1 million square feet, and will be built in two phases.

...

Though Panattoni is just beginning to develop the 82-acre site, the company is nonetheless buying other property nearby. Smele announced Tuesday that the company is purchasing a 90-acre parcel of land across Dickenson in a $17-million deal expected to close in mid-November.

An unnamed developer is also expected to close a deal in January to buy 140 acres next door on Dickenson, according to Guy Paparella, director of growth planning for the city's Economic Development Department.

...

The next piece of the puzzle is managing truck traffic along Dickenson and around the new warehouse complex, where roughly six million square feet of development is planned between Panattoni and the unidentified developer next door.

To keep trucks off Upper James, an environmental assessment is underway to expand Dickenson to four lanes from two and extend it past Glancaster Road on a new, direct road to Book Road and the Highway 6 bypass.


Full story here

[realcity]

wasn't this land meant to be advanced manufacturing use?. Cargo hangers and warehouses. At least I can be happy the single-home builders/ more sprawl like the east south mountain with a few townhouses/ seems to get the councillors AND STAFF recommendations excited to enough... and don't forget the committees that strike down a 8 story building at a GO Station. didn't get the deal. Warehouse/logistic jobs are at least jobs and not turn Hamilton into a bedroom town, with more traffic on the Linc & Chedoke Expressway to Mississauga's advanced manufacturing near their airport. NIMBYs rule the town. It wants to become a suburb of Toronto. Just another 905 suburb. Get it together you guys. BTW I'm moving to Bathurst and Bloor Feb 1 2020. Ditching the car.




this is how Canadian density looks like. You see the shots of Greek houses, this is Toronto. And I love it. I can walk and have a good bike. Starting work at Bathurst and College a 30 minute walk. A coffee and walk away.

[realcity]

Originally Posted by ScreamingViking

Excerpts with more details, from the Schpec's story on itanattoni project marks major milestone in city’s vision for an Airport Employment Growth District[/B]
by Tom Hogue
The Hamilton Spectator
October 22, 2019

...



Developer Panattoni officially broke ground Tuesday on a $30-million warehouse it will build even though there is no tenant for the 264,535-square-foot space at 50 Aeropark Blvd.

Panattoni project marks major milestone in city’s vision for an Airport Employment Growth District

The City's vision is warehouses.? I thought advanced manufacturing. The new seaport for Hamilton is the airport. Try for the Pharma companies around YYZ.

[ScreamingViking]

Originally Posted by realcity

The City's vision is warehouses.? I thought advanced manufacturing. The new seaport for Hamilton is the airport. Try for the Pharma companies around YYZ.

Have you actually been around Pearson???

[NortheastWind]

Originally Posted by realcity

The City's vision is warehouses.? I thought advanced manufacturing. The new seaport for Hamilton is the airport. Try for the Pharma companies around YYZ.

The City's land use plan calls for prestige industrial for the Aeropark lands. Light industrial is suppose to be further north.

https://www.hamilton.ca/city-plannin...rowth-district

[IMG]Airport LandUse by limeyviking, on Flickr[/IMG]

[thistleclub]

Originally Posted by SteelTown

Whoa a 1 million sq ft building? That's a beast of a warehouse.

264,534 square feet, with divisions available from 39,761 square feet.

An additional 1.24 million square feet allegedly in the pipeline.

[LikeHamilton]

Latest from Forge and Foster

Fengate Properties purchased nearly 76 acres of industrial land adjacent to Hamilton airport for $29,200,000 or $385,000/acre.

Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies.
With offices in Toronto, Houston, and Oakville, Fengate is one of the most active real asset investors in North America.

We invest in long-life, high-quality assets and businesses on behalf of our clients and, with more than 45 years of experience, we are proud of our proven track record and trusted reputation across the sectors we work in.

There very big with over $20 billion in assets.

https://fengate.com/

[ScreamingViking]

Posting mainly for the photo, but looks like this may be opening sometime soon.


Is Hamilton’s Amazon warehouse open for business?
By Alessia Passafiume
The Hamilton Spectator
Tue., Sept. 21, 2021

https://www.thespec.com/business/202...nt-centre.html



From the outside, the new Amazon fulfilment centre on Upper James Street and Dickenson Road West looks mostly complete, with cars in the parking lot and a sign that says they’re hiring hanging on the front of the building.

What’s actually happening inside is unknown, though.

Amazon told The Spectator last summer the fulfilment centre would bring more than 1,500 jobs to the city — a boost after nearly 18,000 jobs were lost during the beginning months of the pandemic — but it’s unclear how many positions they’re looking to fill now.

Neither the developer of the warehouse, Panattoni Development Company, nor the City of Hamilton provided comments on what is happening inside or how far along construction is. Both parties directed The Spectator to contact Amazon, but despite days of trying, Amazon did not respond to multiple requests to discuss the happenings at the fulfilment centre.

Panattoni previously told The Spectator construction for the warehouse was expected to be completed in August of this year, with the rest of the development occurring in stages.

...

full story here

[LikeHamilton]

From a recent Forge and Foster email

Ancaster held claim to the largest transaction with Alberta Investment Management purchasing 172 acres of industrial land, in near proximity to the airport, selling for $38,000,000 or $220,000/acre.

[ScreamingViking]

And as one part of Hamilton's steelmaking era ends... a part of its growing air freight industry begins:


An inside look at DHL’s new $100-million sorting facility
https://www.thespec.com/business/202...-facility.html

John Rennison
The Hamilton Spectator
Wed., Sept. 29, 2021










Details from the story:
- Located at 65 East Cargo Rd.
- DHL's largest sorting facility in Canada
- One of four in N. America that's fully-automated
- Employs almost 400
- Can process 28,000 packages/hour
- 238,000 square feet of warehouse space
- 1.75 km of conveyor belts
- 6 electric forklifts

[SantaClo]

I live in one of the airport corridor and haven't seen any DHL aircraft in the sky yet. I guess with that official opening this might finally start?

[urban_planner]

Originally Posted by SantaClo

I live in one of the airport corridor and haven't seen any DHL aircraft in the sky yet. I guess with that official opening this might finally start?

They do come and go, have been for years, mostly at night. Also a lot of the flights are flown by Cargojet.

[ScreamingViking]

Hamilton’s Amazon warehouse set to open in ‘early 2022,’ at least four months behind schedule

https://www.thespec.com/business/202...per-james.html

Alessia Passafiume
The Hamilton Spectator
Fri., Dec. 10, 2021


Is Hamilton’s 855,000-square-foot Amazon warehouse open for business?

One employee thought it would be by his Nov. 21 start date at the fulfilment centre.

Three days before his start date, he received an email from Amazon informing him the “building launch has been delayed,” but he would be paid from Nov. 21 until his new start date three to four weeks later.

The employee, who The Spectator isn’t naming due to his fears of losing his job, still hasn’t received that pay — though has been told it’s coming.

He reached out to Amazon both via phone and email to resolve the issue, but said he was passed off to multiple people over the course of a few days until finally getting answers.

“It’s very frustrating,” he said

A Nov. 22 email he received from Amazon said the site won’t open its doors until “late January to early February 2022” due to “construction factors outside of (their) control.”

Panattoni Development Company, the developer of the warehouse, previously told The Spectator construction for the warehouse was expected to be completed in August of this year, with the rest of the development occurring in stages.

“As with any new business launch, there are unforeseen delays that sometimes impact opening dates as is the case with (the Hamilton centre),” said Amazon spokesperson Dave Bauer in a statement.

Bauer said the facility should be open in early 2022, and “despite the temporary delay,” all full-time employees are receiving pay and will continue to throughout the holiday season.

...

full story here

[ScreamingViking]

The Spec has a video and bunch of photos of the interior of the giant Amazon facility, named "YHM1"


Take a look inside Amazon’s fulfilment centre near Upper James
Aeropark Boulevard warehouse will create at least 1,500 new jobs

https://www.thespec.com/business/202...t-hope.html?rf

Fallon Hewitt
The Hamilton Spectator
Wed April 20, 2022


Hamilton is now home to what Amazon Canada is calling its most “technologically advanced” robotic fulfilment centre in the country.

Tuesday marked the grand opening of the Mount Hope facility, which began welcoming employees at the end of January — more than a year and a half after Amazon announced it had chosen Steeltown for its expansion in the province.

As of this week, there are at least 1,500 full-time employees at the fulfilment centre, but at peak holiday season the workforce can expand to nearly 4,000, the company said.

The fulfilment centre was initially expected to open in 2021, but construction delays pushed that back by several months.

However, whirring sounds of machines filled the more-than-800,000-square-foot warehouse on Aeropark Boulevard, located near Upper James Street and Dickenson Road West, Tuesday morning.

To put its size into perspective, it’s about one and a half times the size of the Rogers Centre.

...


Speaking at the event, Vibhore Arora, regional director of customer fulfilment in Canada, said the facility is the first in the country to have a robotic palletizer arm, which organizes the bright yellow plastic bins onto pallets before they leave the facility.

It’s just one of more than 3,600 robots that help with fulfilling orders and transshipment, which is the process of moving items to other fulfilment centres, according to the company.

...


“Together, our associates and robots (in Hamilton) help to ship approximately 650,000 units to Canadians daily,” he said, calling the facility “most technologically advanced” warehouse in the country.

Hamilton’s facility specializes in the fulfilment of orders of millions of smaller items stocked by Amazon, according to the company.

That includes anything from laundry detergent pods, cat food and memory-foam pillows to bird feeders, books and bartender kits.

...

full story: https://12ft.io/proxy?q=https%3A%2F%...hope.html%3Frf


• Video Link

[Innsertnamehere]

meanwhile the subdivision applications keep rolling in here:

25T-202205

2876 UPPER JAMES ST

Proposal to allow the creation of development blocks and a new public road for access.

[King&James]

March article in Renx.

https://renx.ca/hamilton-airport-flu...s-development/

John C. Munro Hamilton International Airport has grown to become one of Canada’s largest airports for domestic air-cargo distribution, and developers, investors and users are scooping up nearby land for logistics and fulfillment centres.

“It speaks to what’s happened with industrial lands in Southwestern Ontario as well as Hamilton more specifically,” Joe Benninger, vice-president with CBRE’s Southern Ontario investment team, told RENX. “Hamilton was a tough place to sell land three or four years ago.

EDITOR’S NOTE: This is the second of two articles on the SW Ontario industrial development boom. Part 1 is entitled The rush is on for industrial land, and space, in SW Ontario.

“But in the last few years, the pricing and velocity of land sales have really ramped up. Everything’s being bought with increasing pricing.

“There’s a lot of land designated in the official plan for employment around the airport, so institutional guys have taken large positions around the airport.”


More airport-area land needs to be serviced
The City of Hamilton’s Airport Employment Growth District is a planned development area of 1,361 acres of employment land bounded by: Garner Road East and Twenty Road West to the north; Upper James Street to the east; Whitechurch Road West to the south; and Fiddler’s Green Road to the west.

Plenty of the land around the airport is still unserviced and not immediately developable, but Benninger said serviced land in the area is selling for from $900,000 to more than $1 million per acre.

“Broccolini, Fengate, Panattoni, Pure Industrial, Hopewell, First Gulf and Sun Life are all major institutional players taking up dozens and dozens of acres around the airport,” said Benninger. “They have to figure out how to get those lands serviced.”

There was just a 0.8 per cent availability rate in the Hamilton industrial market in Q4 2021, according to locally based Forge & Foster Investment Management, so there’s an obvious need for more industrial space to meet demand.

Industrial rents have risen along with land prices and demand. Benninger said they’re now well over $10 per square foot and up to $12 or more for new product. Rents are expected to continue to increase, which makes development more feasible and attractive.

Recent airport area transactions, developments
Following are examples of industrial land acquisition activity and development taking place near John C. Munro Hamilton International Airport:

– Broccolini’s recent acquisitions have positioned it with 280 acres of land with airport access on Dickenson Road West, where it’s proposing to build — in phases as per market requirements — up to 3.8 million square feet in five buildings;

– a 172-acre tract of land at 140 Garner Rd. E. was sold by a private individual to Alberta Investment Management Corporation (AIMCo) for $38 million;

– a 56.37-acre piece of land at 2876 Highway 6 was sold by RCG Upper James Hamilton Inc. to Pure Industrial for $33.95 million;

– Hopewell Development partnered with Nicola Wealth Real Estate to purchase 55 acres at 9555 Airport Rd. for $36 million, with plans for a three-building speculative development encompassing 750,000 square feet;

– Fengate Real Estate paid $29.2 million for 76 acres at 3054 Homestead Dr. that needs to undergo rezoning before plans to create an industrial business park of roughly one million square feet can move forward;

– Panattoni bought a 24-acre site at 2240 and 2254 Upper James St. for $17.5 million;

– First Gulf and Sun Life bought an 86-acre site on Southcote Road in Ancaster for $23.76 million to complete an assembly for the 403/6 Industrial Park, where there are plans to build almost two million square feet of space;

– DHL Express invested $100 million in a 238,000-square-foot facility that opened at the airport in September 2021;

– and Panattoni built an 885,000-square-foot fulfillment centre for Amazon on Upper James Street and Dickenson Road West.

Broccolini’s attraction to the area
To illustrate the rise in land values, Forge & Foster reported the property acquired by Hopewell and Nicola transacted for about $713,000 per developable acre. It had previously been sold to that vendor in January 2020 for $11.25 million, or $212,000 per acre.

Hamilton received a Foreign Trade Zone designation from the federal government in 2020. As a result, businesses that import and/or export goods or manufacture products in the city were granted access to direct support on a range of duty deferrals and tax exemptions.

The airport, which has 24-hour landing capability and dedicated Canada Border Services Agency staff on site, has also received federal government funding to support its growing importance.

These factors and the proximity of much of the developable land to the airport property are major attractors for commercial real estate investors.

“What’s exceptionally unique about our lands in Hamilton is that we are immediately adjacent to Hamilton airport and we do have a unique ability to accommodate airside access,” Broccolini director of real estate development Toni Wodzicki told RENX.

“We’re neighbours to the largest domestic overnight express cargo airport in Canada, so basically 24/7 freight is moving through there and our lands represent an opportunity to those companies and groups that want to benefit from that airside access.”

Wodzicki expects logistics and cargo movement activity to pick up on its lands not only because of the location close to the airport, but also highway access and proximity to the Greater Toronto Area and American markets via commercial border crossings in Fort Erie and Queenston

[Innsertnamehere]

industrial building applications continue to absolutely fly in, this one is another one in the Upper Red Hill Business Park. Fairly large at over 500k sf. This is the 6th site plan application in the Upper Red Hill Business park in the last 12 months for a large new industrial building.

DA-22-093

6140 TWENTY RD E

To develop an industrial warehouse building with a GFA of 50,157 sq. m. with 2,507 sq. m. of office space. Includes 260 parking spaces, 14 barrier free parking spaces, 90 loading spaces and 62 trailer parking spaces with access off Twenty Rd E.

[LikeHamilton]

OLT Denies Developer Near Hamilton Airport

By Joey Coleman, Editor, THE PUBLIC RECORD | November 8, 2022

A developer lost at the Ontario Land Tribunal.

The owners of 8475 English Church Road East in Glanbrook appealed City Council’s October 2020 denial of their application to convert some of the lands to residential lots under the present Rural Hamilton Official Plan.

City of Hamilton professional planning staff recommended Council deny the application because the conversion is contrary to the Rural Hamilton Official Plan and residential uses are incompatible in the noise corridor along the runway approach to Hamilton’s airport.

Hamilton’s Airport formally opposed the proposal.

Ontario’s Provincial Policy Statement (PPS), the province’s overriding planning law, states in section 1.6.9 that “Airports shall be protected from incompatible land uses and development by prohibiting new residential development and other sensitive land uses in areas near airports above 30 NEF/NEP [Noise Exposure Forecast].”

Read more with a map

https://www.thepublicrecord.ca/2022/...eid=914e0b1e91