TSX, NYSE:STN
Stantec, a global leader in sustainable design and
engineering, has been selected as the prime consultant for private
real estate developer Highland Fairview’s World Logistics Center
project in Moreno Valley, California. The estimated US$25 billion
investment will be constructed over seven years and will be the
largest planned logistics and business park in North America,
serving as a distribution center for destinations across North
America. More than a freight hub, the net zero development will
contain 40-plus million square feet of facilities over 2,600 acres,
including walkable streets, cafés, restaurants, spaces for arts and
culture, breweries, and public space.
Stantec’s work will focus on future-ready and
highly sustainable infrastructure. The work includes civil
engineering, industrial buildings architecture, geomatics, water
and wastewater design, landscape architecture, urban planning,
smart mobility and AV consulting, funding consulting, as well as
energy and innovation design.
“The World Logistics Center is a major commitment
in the next generation of sustainability and logistics operations,”
said Iddo Benzeevi, president and CEO of Highland Fairview. “Our
engineering partnership with Stantec will be important in our
success, bringing all our combined engineering and design pieces
together in a fully integrated operation to execute our vision and
bring it to reality.”
Supply chain solutions
The World Logistics Center is in the center of
Southern California’s Golden Triangle, a region that encompasses
Los Angeles, Orange, and San Diego Counties and the Inland
Empire—the nation’s largest manufacturing and logistics hub with a
direct connection to the busiest seaport and three of the busiest
airports in the US. More than 40% of goods coming to the US pass
through the Golden Triangle. Housing multiple national brands and
logistics providers, the center will be capable of overnight
delivery to the 11 western states and within-three-day goods
delivery from port to facility to any destination in the
continental United States.
The World Logistics Center will maximize supply
chain efficiency by using SCADA systems to integrate logistics
providers for coordination. This strategy ensures the maximum
number of trucks depart full by carrying shipments from multiple
providers, as needed. The end result will be increased shipping
efficiency, better use of transportation resources, and reduction
of carbon emissions.
Net zero and sustainability
The World Logistics Center is committed to and is
planned to provide a carbon neutral facility, making it the largest
sustainable logistics cluster in the US.
“Highland Fairview’s vision for a net zero and
sustainable economic center has not yet been tackled on this scale
in the US,” said Brianna Daniels, principal-in-charge for Stantec.
“We are proud to be a part of this inspirational project that will
have such positive community outcomes in Moreno Valley and around
North America.”
With 40-plus million square feet of rooftops, the
center will have a vast capacity for solar power integration.
Stantec will examine the use of battery storage and microgrids on
site to increase energy resilience, with the expectation that the
facility will not have to rely on the external power grid.
The center will also prioritize water
conservation, a critical issue in California. Facility design is
expected to result in a 70% reduction in water usage compared to
the current general plan for the City of Moreno Valley. This will
lead to a savings of 653 million gallons of water every year—enough
water for 27,000 households. Drainage through the site will be
treated before it is discharged, while paying careful attention to
maintaining historic drainage patterns and protecting the
downstream environment.
“The scale of this iconic project and its focus on
sustainability creates a unique opportunity to advance the
development of sustainable construction and operational practices
in industrial buildings,” said Dave Calder, global industrial
sector leader for Stantec.
Mobility innovation
The World Logistics Center site will be
future-ready for budding technologies, while tapping into the
latest mobility solutions. That applies to freight and passenger
travel to and from the site as well as within the site. The
facility will be fully EV-ready, with 1,080 charging stations
committed as part of the design. Chargers will be available for
freight and logistics vehicles, employees, and visitors.
Autonomous vehicle (AV) technology is also being
explored for the site through Stantec’s autonomous vehicle
consulting arm, Stantec GenerationAV®. Trucking is set to be one of
the first industries to break through on AV technology, and the
World Logistics Center will be ready to take a lead role in their
integration. Highland Fairview is currently in discussion for the
acquisition of zero-emission semi-trucks, and AV shuttles are being
explored as a means of local travel within the development.
Community and economic impact
Stantec-led project visioning and innovative
placemaking will offer restaurants, cafés, and recreation
facilities to give the center the feel of a miniature city and a
desirable new employment destination in Moreno Valley.
Over 33,000 jobs will be created through
construction and ongoing operations, with an estimated US$22
million in property and sales taxes generated annually for schools
and community colleges. The overall economic benefit of the World
Logistics Center is estimated at nearly US$3 billion in economic
benefit to the region.
Stantec’s project team will include 300
professionals in civil and electrical engineering, urban planning,
and other disciplines dedicated to meeting the aggressive project
schedule. A core team will be co-located with Highland Fairview on
the project site, with additional resources supporting from across
North America. Michael Baker International will design the needed
interchange for access to the site, ENGEO Engineering will provide
geotechnical engineering, and Dudek will provide environmental
permitting.
Project design is currently underway, with
construction slated to start in 2023. The project will add six
million square feet per year until projected completion in
2030.
About Stantec
Communities are fundamental. Whether around the
corner or across the globe, they provide a foundation, a sense of
place and of belonging. That's why at Stantec, we always
design with community in mind.
We care about the communities we serve—because
they're our communities too. This allows us to assess what's needed
and connect our expertise, to appreciate nuances and envision
what's never been considered, to bring together diverse
perspectives so we can collaborate toward a shared success.
We're designers, engineers, scientists, and
project managers, innovating together at the intersection of
community, creativity, and client relationships. Balancing these
priorities results in projects that advance the quality of life in
communities across the globe.
Stantec trades on the TSX and the NYSE under the
symbol STN. Visit us at stantec.com or find us on social media.
Cautionary Note Regarding Forward-Looking
Statements This news release contains forward-looking
statements regarding the project described above. Forward-looking
statements also include any other statements that do not refer to
historical facts. By their nature, forward-looking statements are
based on assumptions and subject to inherent risks and
uncertainties. There is a risk that the project described above may
be delayed, cancelled, suspended or terminated. This could cause
future results to differ materially from the forward-looking
statements made in this news release. Except as may be required by
law, Stantec undertakes no obligation to publicly update or revise
any forward-looking statements. Forward‑looking statements are
provided herein for the purpose of giving information about the
project referred to above and its expected impact. Readers are
cautioned that such information may not be appropriate for other
purposes.
Media Contact |
Investor Contact |
Ashley WarnockStantec Media RelationsPh: (403)
472-0122ashley.warnock@Stantec.com |
Jess NieukerkStantec Investor RelationsPh: (587)
579-2086ir@stantec.com |
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