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Potential Private Partners Participate in Familiarity Tour

March 4, 2008 - Proponents who expressed interest in becoming the City's private partner in the residential/hotel portion of Prince Arthur's Landing at Marina Park participated in a familiarity tour today.

"Today was an important day for this community," said Katherine Dugmore, Waterfront Project Manager. "It sends a signal that there is serious interest in what will be a great project for Thunder Bay. Having a private partner and mixed-use development in this project allows us to leverage funding from other levels of government to build a much larger park with a broad range of recreation activities for the community and visitors alike."

A consortium of Man-Shield Construction Inc. and Laureate Developments Inc. and Sherwood Developments Ltd. of Winnipeg, along with TbayTel and Bell, came together at the Prince Arthur Waterfront Hotel for a one-day workshop on the Prince Arthur's Landing Project before formally moving into the Request for Proposal (RFP) process.

The Waterfront Development Committee, members of City Administration and Brook McIlroy Inc. Planning and Urban Design delivered detailed presentations of the Master Plan and Urban Design Guidelines and led participants on a site visit of the waterfront project area. In the afternoon, participants were engaged in a Design Workshop to help interpret the City's priorities and aid in their concept development.

"ManShield has a local office here and a local interest," said Peter Belluz, Construction Manager for the northwestern branch of Man-Shield Construction Inc. "There is a positive business case along with solid leadership and unity from the City. After reviewing the details today, it is clear to see that there is serious potential here."

"The Consultant has done a very good job preparing Thunder Bay's Master Plan," said Joe Bova, President-Laureate Developments Inc. "The Plan is very sensitive to the area. I have been told never to fall in love with a location; I'm now having a hard time following that rule of thumb. We look forward to the next steps."

"We have done a number of waterfront projects," said Fausto Pereira, President-Sherwood Developments Ltd. "We are very attracted to Thunder Bay's unique waterfront setting. There are always challenges in developing a waterfront, but Thunder Bay has a well thought out plan that has the potential to substantially improve the community. We are very enthusiastic to move ahead into the RFP process."

The Expressions of Interest to seek private partners for the residential/commercial development portion of Prince Arthur's Landing and for "Smart Communities Technology" were launched last October. A private partner for both RFP's is expected to be in place this spring.

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Contact: Katherine Dugmore, Waterfront Project Manager, 625-2406