BOUCHERVILLE, Que. — Lowe’s Canada has unveiled plans to open a giant distribution centre in the greater Calgary area. The facility, which will be 1.23 million square feet in size, is expected to open in the fall of 2021 and represent a total joint investment of more than $120 million.
The DC will become part of a network supplying more than 470 corporate and affiliated stores under Lowe’s Canada’s different banners. Calgary-based Highfield Investment Group, which manages residential and commercial real estate, has entered into a definitive agreement for the construction of the new DC in the High Plains Industrial Park, in Rocky View County northeast of Calgary. The area is considered a hub in the West for distribution centres and e-commerce fulfillment facilities. The Lowe’s facility will reportedly be the largest leased DC in Western Canada. Construction is slated to begin this month.
(Full story, including another key acquisition by Lowe’s Canada, in the next scintillating issue of Hardlines! Don’t miss the full story. Check out Hardlines for free by clicking here now!)