Broccolini Corporate Center Saint-Laurent 2: Construction is underway

Mr. Alan DeSousa, Mayor of Saint-Laurent, Mr. Roger Plamondon , Senior Vice President, Real Estate Development and Acquisitions of Broccolini, Mr. Gerry Stefanatos, Corporate Vice President and President, Canada, Australia, and New Zealand, Hospira and Mr. Mario Monette, President and CEO of Technoparc Montréal attended the ground breaking ceremony of the Broccolini Corporate Center Saint-Laurent 2. Photo : CNW/Michel Pinault (CNW Group/Broccolini)

Hospira Healthcare Corporation Canadian head office moving to Technoparc Montréal's Saint-Laurent Campus

MONTREAL, March 26, 2014 /CNW Telbec/ - Broccolini officially broke ground today on the new Broccolini Corporate Center Saint-Laurent 2 situated in the Technoparc Montréal's Saint-Laurent Campus. The project represents an investment of $30 million.  Once completed in spring 2015, Hospira Healthcare Corporation will inaugurate its Canadian head office as anchor resident in the multi-tenant complex.

Mr. Alan DeSousa, Mayor of Saint-Laurent, Mr. Roger Plamondon , Senior Vice President, Real Estate Development and Acquisitions of Broccolini, Mr. Gerry Stefanatos, Corporate Vice President and President, Canada, Australia, and New Zealand, Hospira and Mr. Mario Monette, President and CEO of Technoparc Montréal attended the ceremony.

The future LEED® Silver 135,000 square feet modern commercial class 'A' office building symbolizes Broccolini's continued contribution to the West-Island's growth and competitiveness. "Broccolini's approach to sustainable design and construction extends beyond environmental considerations. Our experience and expertise enables us to design, build and manage workplaces that meet the needs of the modern workforce, reinforcing our tenants appeal in attracting top talent, thus contributing to their growth," expressed Mr. Roger Plamondon , Senior Vice President, Real Estate Development and Acquisitions of Broccolini. The complex is Broccolini's second project in the Technoparc Montréal's Saint-Laurent Campus, and will add to its list of LEED® certified building. As a contractor and developer, the company completed over forty projects on the West Island.

"Hospira's move to the Technoparc represents the next step in the evolution of our business in Canada as Hospira expands its product portfolio," said Gerry Stefanatos, Corporate Vice President and President, Canada, Australia, and New Zealand, Hospira. "As Hospira focuses on growing our generic injectable and biosimilars business in Canada, we are ensuring that our teams have the appropriate physical presence to support our efforts providing important healthcare products."

The five-storey building will offer amenities, such as a full service cafeteria, a shared gym for all tenants, a green roof and an outside terrace. Its location will also offer easy access to public transportation and proximity to the Montréal-Trudeau international airport. Furthermore, the complex will qualify for property tax discount programs, which should be a great incentive for other future tenants.

" The Council of Saint-Laurent applauds this significant investment highlighting yet again another excellent collaboration with Broccolini, an important partner in the development of the Technoparc Montréal's Saint-Laurent Campus. Moreover, we commend the engagement and confidence demonstrated by Hospira for this project, whose presence in our community will further stimulate Montreal's Life Sciences and Health Technology Cluster," said Mr. Alan DeSousa, Mayor of Saint-Laurent.

"The arrival of Hospira in the Technoparc Montréal's Saint-Laurent Campus will further strengthen Montréal's leadership in the generic pharmaceutical industry. The company complements the variety of pharmaceutical companies already present in the Technoparc, which ranges from R&D to commercialization," indicated Mario Monette, President and CEO of Technoparc Montréal.

About BROCCOLINI
Founded 65 years ago, Broccolini is a leader in construction and real estate services development. The company serves the residential, commercial and industrial markets in Québec and Ontario. Broccolini has built its reputation by establishing solid and long-lasting relationships with its clients. The company puts pride, a commitment to excellence and the unwavering dedication of its staff into each project. www.broccolini.com

About Hospira Healthcare Corporation
Located in Montréal, Hospira Healthcare Corporation is the Canadian headquarters of Hospira and represents the company's second largest commercial presence. Hospira Healthcare Corporation markets products integral to increasing safety and reducing healthcare costs, including generic injectable drugs, infusion technologies and subsequent entry biologics (SEBs) or biosimilars -- which are biologic medicines that offer cost savings. Learn more at www.hospira.ca.

About Hospira
Hospira, Inc. is the world's leading provider of injectable drugs and infusion technologies, and a global leader in biosimilars. Through its broad, integrated portfolio, Hospira is uniquely positioned to Advance Wellness™ by improving patient and caregiver safety while reducing healthcare costs. The company is headquartered in Lake Forest, Ill., and has approximately 17,000 employees.

About Technoparc Montréal's Saint-Laurent Campus
Technoparc Montréal's Saint-Laurent Campus is Canada's most prestigious science park with 65 resident companies and close to 5,000 employees working in the aerospace, ICT, life sciences and cleantech sectors. Technoparc Montréal's mission is to offer working environments and real estate solutions that allow technological innovation, collaboration and success, in order to further develop the Saint-Laurent Campus, the Éco-campus Hubert Reeves and Montréal's Quartier de la santé. www.technoparc.com

SOURCE Broccolini

Image with caption: "Mr. Alan DeSousa, Mayor of Saint-Laurent, Mr. Roger Plamondon , Senior Vice President, Real Estate Development and Acquisitions of Broccolini, Mr. Gerry Stefanatos, Corporate Vice President and President, Canada, Australia, and New Zealand, Hospira and Mr. Mario Monette, President and CEO of Technoparc Montréal attended the ground breaking ceremony of the Broccolini Corporate Center Saint-Laurent 2. Photo : CNW/Michel Pinault (CNW Group/Broccolini)". Image available at: http://photos.newswire.ca/images/download/20140326_C7263_PHOTO_EN_38354.jpg

For further information:

David Barrett, CASACOM
514-286-2145, ext. 224
514-823-3726
dbarrett@casacom.ca