Photo credit: cadebarrbusinesspark.com
MISSION – A four-building, 400,000 square foot business park by developer Cedar Coast and builder Orion Construction that will be Mission’s largest-ever industrial project has officially broken ground.
Cade Barr Business Park, at the intersection of Cade Barr Street and Dewdney Trunk Road, is Cedar Coast’s first development project in Mission, and represents an over 25 percent growth in Mission’s light industrial base, while also being the first new employment land development in Cedar Valley.
Cade Barr Business Park will be built in phases to alleviate Metro Vancouver’s industrial space shortage. Phase 1, which includes Buildings A and B, is set to be finished by the third quarter of 2025. Phase 2, Buildings C and D, will follow as the rapidly growing market demands.
“We have long believed that Mission is a special part of the Fraser Valley, and it has been a privilege to collaboratively work with Council and City staff to deliver such a significant increase to Mission’s employment lands,” says Aaron Fedora, Vice President of Development for Cedar Coast. “This project provides the infrastructure for hundreds of new jobs for Mission’s residents and the economic engine for new commercial development in Cedar Valley. Cedar Coast is proud to contribute to Mission’s flourishing community.”
Mission’s population is projected to grow by 50,567 people by 2030, according to BC Stats. As a result of growing demand, the City launched the Mission Waterfront Revitalization Plan in 2020, and the strategy involves a thorough ‘made-by-Mission’ roadmap that will steer land use determinations in the upcoming years.
“This initiative is a milestone, as creating local employment and neighborhood centres are important aspects of Mission’s community growth strategy,” says City of Mission Mayor Paul Horn. “Additionally, we are diversifying our tax base, which lessens the burden on residential homeowners, while also creating local employment opportunities, which cuts down on the need to commute outside of the city for work. With such a short supply of flat, serviceable industrial land, this is an example of responsible, balanced growth that will benefit Mission for years to come.”
Joshua Gaglardi, President of Orion Construction, states “Cade Barr Business Park epitomizes our dedication to crafting superior products and advancing innovative industrial spaces that improve both community well-being and support entrepreneurs and growing businesses. We look forward to welcoming new businesses to this exceptional development.”
Buildings A and D will be comprised of large-bay units, with buildings C and B comprising of small-bay units. The small-bay units have garnered significant interest from local entrepreneurs, with more than 85 per cent of Phase 1 already pre-sold. Opportunities still remain in Phase 1 to secure units between 14,000 and 20,000 square feet.
The addition of a new fire hall will not only bolster the area’s safety measures but also serve the increasing population.
“Strategically located, the new Fire Station 4 will bolster Mission Fire Rescue’s response capabilities in this rapidly growing area and will support all three of Mission’s existing Fire Stations by placing resources closer to their eastern response areas,” says Ian Glasgow, Assistant Chief of Fire Prevention with the City of Mission.
Cedar Coast is a Vancouver-based real estate development and investment firm with a 22-year track record that currently has 33 active projects throughout B.C., Washington, Oregon and North Dakota, representing over 4.4 million sq. ft. of light industrial developments, 2,800 homes and condos, and 1,250 rental apartments when fully built out.
Orion Construction is a design-build contractor in Langley. Serving as an all-in-one construction partner, they have made an impact in the construction of industrial, commercial, and multi-family spaces through unified, solutions-based operations.
Business Examiner Staff
