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First Gulf and Spear Street Capital Partner to Develop State-of-the-Art Life Sciences Campus

Press Release from FirstGulf.com:

Mississauga, ON – (June 1, 2022) – First Gulf Corporation (“First Gulf”) has partnered with Spear Street Capital (“Spear Street”), a world-renowned owner and developer of healthcare, research and technology-oriented properties in the United States, Canada and Europe, to re-develop the former Element head office site located within the Sheridan Research Park at 2395 Speakman Drive in south Mississauga, Ontario.

The 24.34 acres site was purchased in December 2021 by First Gulf and is now being redeveloped by the partners into a state-of-the-art life sciences campus that can accommodate up to 350,000 square feet of laboratory, office, innovation, and technology space. The initial phase of the development will consist of approximately 145,000 square feet.

Read the full Press Release on First Gulf’s Website here.