Bioveld Canada purchases new industrial complex in Thorold, Ontario

On December 20, 2022, HOPA Ports, an integrated port network which offers port and marine assets on the Great Lakes, announced that a new industrial property had been added to the Thorold Multimodal Hub (the "Hub"), a growing industrial complex in Niagara Region. 

The newly-acquired property, a former automotive parts plant at 100 Hayes Road in Thorold, adds 170 acres of land and over 500,000 square feet of warehouse space to the Hub.
 
The facility's new owner, The BMI Group, through its subsidiary Bioveld Canada, specializes in redeveloping and adapting industrial sites for new uses. The BMI Group already owns a 155-acre site with over 700,000 square feet of buildings within the existing Hub 

The Hub is a 400-acre multimodal industrial complex in Niagara, adjacent to the Welland Canal, with access to the CN rail line via rail service provider Gio Rail.
 
The BMI Group, developer and owner of Bioveld Canada, is a venture development company specializing in structuring public-private partnerships to activate the emergent potential of the natural, built and social environment. 
 
Gowling WLG advised Bioveld Canada with respect to this transaction with a team that included Peter Doelman, Robert Jackson and Jevaughn Johnson, assisted by student-at-law Clément Stacey.