DISTRIBUTION HUBS Boundary Bay Industrial Park anchors Delta’s new distribution hub By Paul Tilbury Chief Operating Officer, The Dayhu Group C ommercial real estate near Deltaport, Canada’s largest container terminal, is about to see a complete transformation with the opening of the new billion-dollar highway known as the South Fraser Perimeter Road. Along with rising port volumes and the expansion of the nearby airport, the new highway has experts touting the area as the next big distribution hub for sizable businesses both from Canada and the U.S. A key part of that new distribution hub is The Dayhu Group’s Boundary Bay Industrial Park — the area’s largest new industrial project. Construction has been underway since the summer, and this fall, the first tenant was secured with a 100,000 square-feet lease to Apps Express, a fullservice national transportation company providing warehousing, receiving and distribution for offshore goods and intraB.C. and Alberta trucking. “We needed proximity to the port,” says Apps Express president Rob McDonald. “It was difficult for our trucks to get out of Richmond (the previous facility) or back in, but the new highway gives us more than one way to get into and out of Vancouver.” McDonald’s company works with major Canadian retailers like Canadian Tire and Toys ‘R Us and he believes projects like the new Boundary Bay Industrial Park will pave the way for more large-scale retailers and their distributors to locate in Delta’s new industrial hub, rather than in Alberta where there are more choices for large industrial space. Making the trip from the port over the Rocky Mountains and back to Vancouver again because the only options for large warehouse space are in Alberta is not costeffective and has stalled the growth of the B.C. economy. Boundary Bay will be complete in May 2014 and will offer a well-built, welllocated space for large companies. It is just minutes away from Deltaport, the largest container terminal in Canada, handling more than 70 per cent of the region’s inbound container shipment volume. The project also offers excellent access to the new South Fraser Perimeter Road, a new, billion-dollar, four-lane expressway that connects the port with Highway 1. Boundary Bay’s location is ideal as it provides unparalleled access to the port and the highway, proximity to the Canada/U.S. border and to Metro Vancouver’s rail network — resulting in huge savings in transportation and logistical costs for companies. The benefit of direct, efficient connectivity between Deltaport and the new highway system is now set to set to Artist’s renditions of the Boundary Bay Industrial Park, scheduled for completion in May 2014 28 BC Shipping News February 2014 establish Delta as a key industrial, warehousing and distribution hub. The new highway in addition to the expansion of the port, makes Delta more attractive to industrial property investors. But there are few opportunities to develop industrial real estate projects of this size. Tier one industrial distribution space in the Vancouver market is very difficult to find. The Boundary Bay Industrial Park is effectively the only option under construction that can offer contiguous space of this magnitude — up to 900,000 square feet. The Boundary Bay project also features two large buildings of 440,000 square feet each as well as 156 loading docks and 200 trailer parking spaces. Another unique feature of Dayhu’s distribution facility is its 36-foot ceilings, allowing for significantly more cubic storage. The new ceiling heights allow for a smaller building footprint and to build up rather than out, increasing storage capacity at a time when light industrial storage space is limited. Paul Tilbury is COO of The Dayhu Group, a privately-held, family-owned business. With the completion of Boundary Bay Industrial Park, the company will own and manage 4.5 million square feet of industrial and commercial property in B.C. and Alberta.
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