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Bookmark and Share is more news from Squamish, B.C. regarding the ongoing Woodfibre LNG facility. A pre-construction contract has been awarded to MATCON Environmental Ltd., a B.C.-based civil contractor.
This contract marks the first phase of a multimillion-dollar site clean-up that Woodfibre LNG is undertaking to meet health, safety, environmental and maintenance obligations in anticipation of construction of the facility.
Over the next few weeks, phase one of the project will begin on the former pulp mill lands, which will include site remediation by removing industrial debris, such as storage tanks and other abandoned equipment.
“MATCON is pleased to be awarded this first pre-construction package for the Woodfibre site in Squamish, B.C.,” said Stephen Custeau, Managing Partner, MATCON Environmental Ltd. in a press release. “We are excited to be involved in this brownfield remediation project and look forward to delivering the project safely and on-time, while strengthening our relationships in the region.”
Future phases of pre-construction work are expected to commence in the second quarter of 2017, pending approval of required permits. This work is anticipated to require up to 25 on-site workers and will involve the removal of the pulp warehouse, contaminated soil and thousands of creosote pilings from the foreshore.
The project is also expected to bring 650 jobs to the area at the peak of construction, and more than 100 jobs at the Woodfibre site, plus additional office administration positions in Squamish and Vancouver per year of operation.
Aside from employment, major projects, such as Woodfibre, are transforming Squamish’s economy and fueling demand for real estate, especially within commercial asset classes. The area is poised for growth and our team of associates are keeping a close eye on the region.
For more information about commercial real estate activity in the Sea-to-Sky corridor, including Whistler and Squamish, please contact our area expert, David Fox, in our Vancouver office. You can also view our current listings by visiting Marcus & Millichap’s Property Search Portal.
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