May 30, 2024

Ground Turning Ceremony [L to R] Comet Board Directors; Andrew Rennison, Michael Santoro, Jess Alfonso; Comet Industries President + CEO Mike O’Reilly; Deputy Mayor Kelly Hall; MLA Peter Milobar; Photo Credit: Katelyn Faulkner Photography.

KAMLOOPSComet Industries Ltd. (Comet), held a ground-turning event in Kamloops on May 29, 2024, marking a milestone to add significant new light industrial land to local supply in Kamloops. The event, which was held on-site of the 190-acre parcel of land zoned for light industrial, was attended by local business leaders, the board of directors of Comet, and the media and emphasized the project’s importance to the local economy.

The journey to establish the Iron Mask Industrial Park has been a long and complex process, involving a piece of land with a rich and significant history. Emphasizing the deep understanding of community needs, President and CEO of Comet, Mike O’Reilly said, “Over the past decade, we’ve closely listened to the feedback from our community. It’s become increasingly clear that there’s a significant demand from business owners in Kamloops to expand and for new businesses wanting to put down roots in Kamloops. What we are initiating today with this groundbreaking is in response to this—a meticulously planned project to meet these diverse light industrial needs.”

During the event, O’Reilly shared that Brendan Shaw, Managing Broker with Brendan Shaw Real Estate and Blake Gozda, Vice President Industrial, with Cushman & Wakefield, have joined the project as the real estate sales team. Together, they bring years of commercial sales and leasing experience in light industrial and look forward to helping businesses expand to the Iron Mask Industrial Park.

“With Iron Mask Industrial Park, we will not just see immediate job creation as a result of the development and construction phases, but the project will contribute to the longer-term economic health of Kamloops and surrounding areas. Our goal is to provide the space or create built-to-suit opportunities that support existing businesses in their expansion efforts and welcomes new enterprises to our community,” said Shaw.

Along with the ground-turning ceremony, a survey to gather input from future tenants and stakeholders was also launched. The feedback obtained will help the team fine-tune the development to meet the precise needs of the businesses the industrial park aims to attract, thereby maximizing its positive impact on the regional economy.

Source: irmonmaskindustrialpark.ca


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