With a project value of $361 million, the CP – Albert Jackson Processing Centre – Ontario project was the largest Warehouses project in the North America, on which construction started in Q1 2022. The CP – Albert Jackson Processing Centre – Ontario project is located in Canada and initially announced in Q3 2021 with an estimated completion in Q1 2023. The AMZN – Port Saint Lucie Fulfillment Center – Florida project was the second-largest project with a project value of $232 million, on which construction work started in Q1 2022. The AMZN – Port Saint Lucie Fulfillment Center – Florida project is located in United States and initially announced in Q3 2021 with an estimated completion in Q4 2022.
The MDG – Newburgh Distribution Center – New York project was the third-largest project, the USAARE/SIP – I-4 Logistics Park – Florida was the fourth-largest project, and the Dematic/GR – Varennes Distribution Center – Quebec was the fifth-largest project with a project value of $200 million, $160 million and $121 million respectively. The MDG – Newburgh Distribution Center – New York project located in United States was announced in Q4 2017 with an estimated completion in Q1 2026, the USAARE/SIP – I-4 Logistics Park – Florida project located in United States was announced in Q2 2021 with an estimated completion in Q4 2023 and the Dematic/GR – Varennes Distribution Center – Quebec project located in Canada was announced in Q1 2021 with an estimated completion in Q1 2023.
Among the five largest projects, the MDG – Newburgh Distribution Center – New York project is the longest in terms of completion date, with construction expected to be completed in Q1 2026. On the other hand, the AMZN – Port Saint Lucie Fulfillment Center – Florida project is the shortest in terms of completion date, with construction expected to be completed in Q4 2022.
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