Stocks in play: Stantec
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 $25-billion U.S. 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 shares T.STN are trading down $0.24 at $70.75.
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