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Edmonton airport gets Can$225 million investment

PRESS RELEASE

January 21, 2015: Edmonton International Airport (EIA) has announced two developments that will bring $225 million in investment to the region and will create approximately 1000 jobs.

Ivanhoé Cambridge announced immediate leasing opportunities for a 415,000 sq.ft., 100-store retail centre: the Outlet Collection at EIA. Edmonton-based Rosenau Transport Ltd. will move to a new facility on site at EIA that will give Western Canadian shippers the ability to send cargo to Edmonton that can be on a plane to any destination within 24 hours.

Rosenau Transport Ltd.'s new 210,000 sq.ft. building will serve as a distribution centre and warehouse for northern Alberta. The location at EIA provides a strategic operating base for Rosenau Transport Ltd., with immediate access to air cargo carriers, the Queen Elizabeth II Highway (CANAMEX trade corridor) and the Leduc-Nisku Industrial Park (largest energy park in Canada and second largest in North America).

"These two projects will not only generate revenue that will be reinvested into better air service, they will attract more people and more business into the Edmonton Region. That's good for our airport, for our region and for our province," said Tom Ruth, President and CEO of Edmonton International Airport.

"We're creating a major hub between ground and air freight by connecting Rosenau, the largest independent transportation carrier in Western Canada, with Edmonton International Airport, the fastest-growing major airport in the country. This means that freight on a Rosenau truck can leave anywhere in western Canada and be on a plane from Edmonton to the world in 24 hours or less. That's great news for Albertans and their businesses, and I am proud our company is part of it," said Rosenau Transport Ltd. President, Carl Rosenau.

Rosenau Transport Ltd. has been in operation since 1957, and provides general freight service between Alberta, Saskatchewan, Northern British Columbia and Manitoba terminals, as well as between a highly developed network of commodity services across the prairies with connections to and from Eastern Canada and the United States.

Edmonton International Airport is Canada's fastest-growing major airport over the past 10 years, the fifth-busiest airport by passenger traffic and the largest major Canadian airport by land area. EIA offers non-stop connections to more than 60 destinations across Canada, the US, Mexico, the Caribbean and Europe.

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