NOOOBODY breaks ground for a $70 million industrial complex like Lastman’s Bad Boy.
The new 233,000-square-foot, multi-unit, industrial complex in Pickering is being developed by Bad Boy and SmartCentres, a real estate investment firm, in Pickering’s Innovation Corridor.
Bad Boy is the lead in the project taking 130,000 square-feet for its new, state-of-the-art, corporate head office and distribution centre, which will provide 200 new jobs in Pickering.
The project, which is expected to be completed by March 2023, will also add construction-related jobs and economic spinoffs.
Pickering’s Innovation Corridor has more than 800 acres of employment lands and is currently the home of Kubota Canada’s headquarters and operations facility for utility vehicles.
“When you have a public and private partnership and you cut the red tape, this is what you get,” Premier Dog Ford said at the event on Friday. “Now we need to start building attainable homes for the people to move in.”
The City of Pickering says it plans to make additional Innovation Corridor investment announcements in the near future.
“We are delighted to be partnering with SmartCentres as we build our new head office and distribution centre in Pickering,” Blayne Lastman, CEO, Lastman’s Bad Boy, said at the ground breaking on Sideline 24, near Hwy. 7 and Whites Rd.
“The City of Pickering has welcomed us with open arms, and we are beyond excited for this expansion,” he said.
Pickering Mayor Dave Ryan said he was thrilled two national companies are setting up shop.
“SmartCentres, and Lastman’s Bad Boy have chosen to make this significant investment in Pickering’s Innovation Corridor,” Ryan said. “In addition to the over 200 new jobs, construction values, and economic spinoff, this landmark project will help attract even more industrial and commercial investment to Pickering and Durham Region.”
“We’re only getting started,” he added.
Mitchell Goldhar, CEO of SmartCentres, said setting up in Pickering was the right move.
“We are honoured developing a new state-of-the-art Head Office and Distribution Centre, and adding Bad Boy, one of Canada’s most successful companies, to the SmartCentres portfolio, the first of many industrial buildings to come,” Golshar said. “We are very pleased to bring this facility and the 200 jobs to the City of Pickering and the Province of Ontario.”