Albion Fisheries expands to larger headquarters

Vancouver's Albion Fisheries is moving to an expanded, 65,000-square-foot headquarters in Richmond that is slated to break ground on February 14."This is the first building of its kind to follow Richmond's new green roof building alternatives guideline," said Hungerford Properties principal Michael Hungerford, who is developing the project and selling the site to Albion for an eight-figure sum. "We're not building a green roof. It's called a TPO roof," he told Business in Vancouver February 9. "It reduces the heat island effect that these big industrial buildings create when they have dark roofs and they become a heat trap when it's sunny." Albion CEO John Milobar told BIV in March that he planned to boost revenue and potentially embark on acquisitions in addition to moving out of his company's longtime 45,000-square-foot headquarters along Great Northern Way. Mountain Equipment Co-op plans to build a new headquarters on the current Albion site. Albion has a history of environmentally sustainable practices. The company's founder and former owner Dave Athey carved a niche in the sustainable seafood business long before it was fashionable. About 11 years ago, he took Chilean sea bass off his list of offerings because he discovered that it was not being fished sustainably. He later sold what would become a 220-employee venture to Gordon Food Service for an undisclosed amount. gkorstrom@biv.com @GlenKorstrom

Vancouver's Albion Fisheries is moving to an expanded, 65,000-square-foot headquarters in Richmond that is slated to break ground on February 14.

"This is the first building of its kind to follow Richmond's new green roof building alternatives guideline," said Hungerford Properties principal Michael Hungerford, who is developing the project and selling the site to Albion for an eight-figure sum.

"We're not building a green roof. It's called a TPO roof," he told Business in Vancouver February 9. "It reduces the heat island effect that these big industrial buildings create when they have dark roofs and they become a heat trap when it's sunny."

Albion CEO John Milobar told BIV in March that he planned to boost revenue and potentially embark on acquisitions in addition to moving out of his company's longtime 45,000-square-foot headquarters along Great Northern Way.

Mountain Equipment Co-op plans to build a new headquarters on the current Albion site.

Albion has a history of environmentally sustainable practices.

The company's founder and former owner Dave Athey carved a niche in the sustainable seafood business long before it was fashionable. About 11 years ago, he took Chilean sea bass off his list of offerings because he discovered that it was not being fished sustainably.

He later sold what would become a 220-employee venture to Gordon Food Service for an undisclosed amount.

gkorstrom@biv.com

@GlenKorstrom