The Charlottetown Area Development Corporation is constructing an expansion to the existing Invesco Building located at 119 Euston Street in Charlottetown. The lands being used for the expansion include a former Shell gas station and an existing parking lot used by Invesco. CADC purchased the neighboring City Shell property in anticipation of the expansion. The existing Invesco building is 45,000 sq ft on three floors. The expansion space will be 20,000 sq ft on floor 2 and 3 with parking on the ground level.