EDC updates project pipeline as developers discuss large spec building
EDC staff reported on approved and pipeline projects including Project Plywood, an airport-related Project Thrust/Flight, ongoing talks with NFI and Hillwood, Project Stream for light-industrial development, and a recently discussed speculative 1.2 million‑square‑foot warehouse proposal; staff said incentives and site work will follow usual review and council approvals.
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EDC staff reviewed active projects and prospects, saying some job grants are approved but awaiting signatures and others remain under negotiation. Staff highlighted several items: Project Plywood is scheduled to begin building, Project Thrust/Flight involves airport activity (details limited), NFI continues expansion discussions, Project Hillwood involves developer interest in local land, and Project Stream is a developer-led effort for light-industrial and distribution.
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