Northstar Clean Technologies Inc. recently announced that it has completed site development work at the industrial-zoned property of 3.98 acres in Rocky View County, a municipal district adjacent to the City of Calgary. The Company’s landlord commenced site development in early April 2023. The site development work was part of the Company’s long-term lease agreement for the Empower Calgary Facility and these expenditures were included in the Landlord’s obligations under this agreement. The site was completed without any cost overruns or delays.
Over the past few months, the Company and the Landlord completed the following:
Mr. Aidan Mills, President & CEO and Director of Northstar, stated “We are pleased to have the site development work for our Empower Calgary Facility completed. Our Landlord and the Northstar team have been working diligently over the past few months to prepare the site for construction and we are delighted that is now complete. This is an important milestone in the progress of the project. The photos below demonstrate our progress.”
As of September 1, 2023, the Company formally took occupancy and gained access to its site for the Empower Calgary Facility, as per the 15-year lease agreement executed by the Company and the Landlord, previously announced by the Company on February 24, 2023.