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Victoria Avenue

Victoriaville moving forwardVictoria Avenue Picture

A Public Open House was held on Wednesday, June 30, 2016, for residents to learn more about the business case and future of Victoriaville Centre.

Victoriaville was built in the late 1970s using the Ontario Downtown Revitalization Program with intentions to bring shoppers back and revitalize downtown Fort William. In operation for almost 40 years, Victoriaville is undergoing an operational review.

After careful review of the financial feasibility, it is projected that Victoriaville requires an $8.6 M investment in order to maintain the building over the next 10 years. Of that amount, $4.4 M includes capital repairs and $4.2 M is the projected operating deficit.