Retailer Cycles Quilicot is moving its headquarters from Promoter Montoni to Centropark in Muscat. He took the opportunity to expand the industrial park along Highway 640.
Posted yesterday at 5:00 p.m.
The coronation will take place on Tuesday morning. The building faces the Louis-Blairట్t, Highway.
In addition to the headquarters, the 4,200-square-meter complex designed by DKA Architects will include a store, distribution center, assembly workshop and bicycle recycling center. The current headquarters and warehouse are located in Lower Lawrence, Saint-Teresa. Nearly fifty jobs will be created. Part of the $ 15 million investment will be funded by the Business Development Bank of Canada.
“For us, this is an investment that will make a difference in our history,” said 44-year-old CEO Mark-Andre LeBeau. We are in the process of creating a hub for all activities.
Founded in 1915, Quillicott has been owned by Mark-Andre LeBeau since 2005. When Mr. LeBeau arrived, there were now seven at the retailer. With its 150 employees, Quilicot sells 8,000 to 10,000 bicycles a year. 15 to 20% of sales in 2022 will be online. Mr LeBeau wants to be prudent about his turnover, but today he points out that electric bicycles account for 35% of sales in dollars.
The retailer has opened its new 1,020-meter Laval store at a cost of $ 2 million2 (11,000 feet2) As part of a former Future shop in Center Laval last week.
We serve not only road cycling enthusiasts but also customers of all ages and levels. We also offer electric bikes for children and the elderly. We touch everything.
Mark-Andre LeBeau, CEO of Quilicott
The cheapest bikes start at $ 500 each.
Athletes rediscovered cycling during the epidemic. Bicycle prices have skyrocketed. Merchant profit margin increased from about 2% to about 10%.
Promoter Montoni and the City of Moscow have announced that they have begun the conversion of the third and final phase of the former aerodrome’s lands into an industrial park. In total, the centropark covers an area of 270,000 m22 (Approximately 3 million square feet), of which 121,000 m2 For Phase 3 (1.3 million square feet).
An industrial park on the former Airfield grounds
Montoni will build 5 industrial buildings in a row at a cost of 175 million. This will continue without a pre-lease agreement. He gave himself a maximum of 36 months to fill the industrial park. The buildings were signed by the company NEUF Architects.
Dario Montoni, President of the Montoni Group
“The idea is to invest and create jobs for Moscow so that its citizens can live and work in their city without having to take their car for a living in other parts of the region,” he said. Montoni continues.
In addition to Quillicott, the first two phases of the centropark attracted major tenants such as Saint-Hubert. About 650 jobs were created.
Montoni bought Airfield land in 2018. In total, the developer is investing $ 300 million there.
- Number of square meters under construction in Greater Montreal
Source: Avison Young