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Major Development Investments

The following is a brief overview of major developments and events in the Thunder Bay economy.

2017 PROPOSED/UNDERWAY/COMPLETED (investment of $1,000,000 +)
Project Estimated Investment
Alterations to Government office building - 2 & 3 floor tenant $1,190,000
Renovation to existing Terminal building $5,624,800
Convert old Courthouse to Hotel/Hall $1,500,000
950 William St. Construct new Technology Studies Addition $14,500,000
Alterations for St. Josephs Care Group in Victoriaville $1,900,000
Foundation and Walls - 1130 Golf Links Road $2,500,000
8 storey 149 room Hotel $11,319,000 
2 storey 24 unit apartment building $1,701,000
2 storey addition and interior renovations to a 2-storey educational building $14,920,000
Interior alterations to a 2-storey government building $1,299,100
Alterations to change former school into new Residential Treatment Facility $2,147,000
Construct a 1-storey addition to a retail store for two additional tenant spaces $4,656,134
Construction of a 3-story apartment building $3,000,000
Construction of foundation for new Technology Studies Building $1,500,000
Interior alterations to create 15 residential units, upgrades, fire separations $1,200,000
Tenant Fit-up for TBRHSC New Data Centre-Corridor: 7th floor $2,362,324

Source: City of Thunder Bay - Development & Emergency Services Department, Building Division 
Updated: January 2018

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2016 PROPOSED/UNDERWAY/COMPLETED (by size of investment - $1,000,000 +)
Project Estimated Investment
Alterations to a 3-storey government building $1,149,000
Main floor alterations to ODSP building $1,191,750
Construction of a 1-storey multi unit apartment building $1,000,000
Construction of a 2-storey technical office and research/development centre $2,000,000
Construction of a 1-storey helicopter hangar - Hydro One $1,787,000
Superstructure and groundwork for a Wellness Centre at Confederation College $1,420,000
Interior alterations to Paterson Library at Lakehead University $1,095,000

Source: City of Thunder Bay - Development Department, Building Division