TIMELINE MONCTON DOWNTOWN CENTREEnglish/Downtown+Centre_… · TIMELINE MONCTON DOWNTOWN CENTRE ......
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TIMELINE MONCTON DOWNTOWN CENTRE DOWNTOWN CENTRE TASK FORCE ESTABLISHED Committee members: Councillor Brian Hicks, Co-chair Jim Lockyer, Co-chair Councillor Pierre Boudreau Councillor Merrill Henderson Councillor Kathryn Barnes Guy Levesque David Campbell Louis Leger Vera Gervais Susan Hicks MARKET ANALYSIS AND FEASIBILITY STUDY FOR A DOWNTOWN MULTI-USE SPORTS AND ENTERTAINMENT FACILITY IBI presented their report to City Council which concluded that such a facility was not only feasible, but highly desirable in securing Moncton’s role as a major entertainment centre in Atlantic Canada. IBI LOCATION/SITE ANALYSIS MONCTON CITY COUNCIL ACCEPTS IBI REPORT AND AUTHORIZES MAYOR TO ESTABLISH DOWNTOWN CENTRE TASK FORCE Mandate – to review IBI’s findings, validate its conclusions, and recommend to Council whether it should pursue a downtown centre. BUSINESS PLAN City of Moncton and Grant Thornton begin work on downtown centre business plan. COUNCIL ACCEPTS PLAN City of Moncton / Grant Thornton business plan presented to Council. Council accepts plan and approves second phase application to P3 Canada. City files second phase (comprehensive assessment documents) to P3 Canada. P3 CANADA REQUEST P3 Canada asks City to file supplementary information as part of its second phase application. Final second phase documents due to P3 Canada by June 30, 2011. PUBLIC BRAINSTORMING MEETING Public Blue Sky Meeting June 16 P3 CANADA PROGRESS City of Moncton’s downtown centre application retained for comprehensive assessment (second phase) by P3 Canada. JUNE 2009 JULY 2009 DECEMBER 2010 NOVEMBER 2010 APRIL 2011 JUNE 2011 MAJOR TENANT City of Moncton and Moncton Wildcats agree on a Memorandum of Understanding (MOU) for a major tenant agreement for proposed downtown centre. MOU is the basis for the business plan and allows City of Moncton to move forward. JULY 2010 P3 APPLICATION City of Moncton submits official application to P3 Canada. HICKS/LOCKYER REPORT PRESENTED TO COUNCIL. COUNCIL ACCEPTS REPORT AND APPROVES, IN PRINCIPLE, DOWNTOWN CENTRE PROJECT Council approves the pursuit of a Downtown Centre as a key catalyst towards downtown regeneration and economic development—subject to four major ”deal breakers”: 1) Acceptable business plan to confirm the financial implications for the City of Moncton 2) 1/3 funding of the project from the Provincial Government 3) 1/3 funding of the project from the Federal Government 4) Appropriate major tenant(s) agreement(s) CITY OF MONCTON BEGINS WORK ON ADDRESSING “DEAL BREAKERS” ISSUES Exploratory discussions with Province and Federal governments on funding scenarios begin. Federal government points to P3 Canada as only available source of federal funding for this type of project. MARCH 2010 JUNE 2010 } Citizens
Transcript of TIMELINE MONCTON DOWNTOWN CENTREEnglish/Downtown+Centre_… · TIMELINE MONCTON DOWNTOWN CENTRE ......
TIMELINEMONCTON DOWNTOWN CENTRE
DOWNTOWN CENTRE TASK FORCE ESTABLISHED Committee members: Councillor Brian Hicks, Co-chairJim Lockyer, Co-chairCouncillor Pierre BoudreauCouncillor Merrill HendersonCouncillor Kathryn BarnesGuy LevesqueDavid CampbellLouis LegerVera GervaisSusan Hicks
MARKET ANALYSIS AND FEASIBILITY STUDY FOR A DOWNTOWNMULTI-USE SPORTS AND ENTERTAINMENT FACILITYIBI presented their report to City Council which concluded that such a facility was not only feasible, but highly desirable in securing Moncton’s role as a major entertainment centre in Atlantic Canada.
IBI LOCATION/SITE ANALYSIS
MONCTON CITY COUNCIL ACCEPTS IBI REPORT AND AUTHORIZES MAYOR TO ESTABLISH DOWNTOWN CENTRE TASK FORCEMandate – to review IBI’s �ndings, validate its conclusions, and recommend to Council whether it should pursue a downtown centre.
BUSINESS PLAN City of Moncton and Grant Thornton begin work on downtown centre business plan.
COUNCILACCEPTS PLANCity of Moncton / Grant Thornton business plan presented to Council. Council accepts planand approves second phase application to P3 Canada. City �les second phase (comprehensive assessment documents) toP3 Canada.
P3 CANADA REQUESTP3 Canada asks City to �le supplementary informationas part of its second phase application. Final second phase documents due to P3 Canada by June 30, 2011.
PUBLIC BRAINSTORMING MEETING Public Blue Sky Meeting June 16
P3 CANADAPROGRESSCity of Moncton’s downtown centre application retained for comprehensive assessment (second phase) by P3 Canada.
JUNE 2009 JULY 2009
DECEMBER 2010NOVEMBER 2010 APRIL 2011 JUNE 2011
MAJOR TENANTCity of Moncton and Moncton Wildcats agree on a Memorandum of Understanding (MOU) for a major tenant agreement for proposed downtown centre. MOU is the basis for the business plan and allows City of Moncton to move forward.
JULY 2010
P3 APPLICATIONCity of Moncton submits o�cial application to P3 Canada.
HICKS/LOCKYER REPORT PRESENTED TO COUNCIL. COUNCIL ACCEPTSREPORT AND APPROVES, IN PRINCIPLE, DOWNTOWN CENTRE PROJECT Council approves the pursuit of a Downtown Centre as a key catalyst towards downtown regeneration and economic development—subjectto four major ”deal breakers”:
1) Acceptable business plan to con�rm the �nancial implications for the City of Moncton
2) 1/3 funding of the project from the Provincial Government
3) 1/3 funding of the project from the Federal Government
4) Appropriate major tenant(s) agreement(s)
CITY OF MONCTON BEGINS WORK ON ADDRESSING “DEAL BREAKERS” ISSUESExploratory discussions with Province and Federal governments on funding scenarios begin. Federal government points to P3 Canada as only available source of federal funding for this type of project.
MARCH 2010 JUNE 2010
}Citizens
TIMELINEMONCTON DOWNTOWN CENTRE
NEW STRATEGYCity of Moncton re-focused after funding setback and now looks for opportunities to engage more fully the private sector and the Provincial government in this project.
LOCATION REVEALEDMoncton City Council announced the High�eld Square Shopping Centre lands as its preferred site.
P3 FUNDING ANNOUNCEMENTDespite a lengthy and demanding application process (June 2010 - December 2011) to ful�ll P3 Canada Inc.’s requirements, the federal Crown Corporation advised the City of Moncton there was a policy change to the P3 Canada Inc. infrastructure program and that major arena projects were no longer eligible projects. As a result, Moncton’s project application no longer quali�ed for funding through the P3 Canada program.
DECEMBER 2011 JANUARY 2012 MARCH 2012
RELEASE REQUEST FOR QUALIFICATIONSIn order to identify shortlist of private sector partners to design, build, �nance and develop downtown centre.
PUBLIC PRESENTATION OF 30-YEAR FINANCIALPLANCouncil’s goal is to minimize the impact on Moncton municipal taxpayers as much as possible.
A LOOK INTO THE FUTURECity of Moncton with Downtown Moncton Centre-ville Inc. unveiled four conceptual renderings for the proposed downtown centre.
DECEMBER 2012
APRIL 2012
MAY 2013MARCH 2013
CANADIANFEDERAL BUDGETRaises possibility of new federal funds available for downtown centre.
RFQ CLOSES
JUNE 2013
ECONOMICIMPACT ANALYSIS PRESENTED
COUNCIL DECISION RE: PURCHASE HIGHFIELD SQUARE LAND
? 2012
RFP CLOSES
EVALUATION BEGINS
NOV. 2014
MONCTON’S NEW DOWNTOWN MULTIPURPOSE SPORTS AND ENTERTAINMENT COMPLEX OPENS
COUNCIL DECISION RE: REQUEST FOR PROPOSALS (RFP) To select the private sector partner to design, build, �nance and develop downtown centre.
FALL 2013
2018
CONSTRUCTION on the new downtown centre BEGINS.
2016DECEMBER 2014
PREFERRED PROPONENT identi�ed by Evaluation Committee
AUGUST 2015
CITY COUNCILAWARDS RFPfor the design, build, short-term �nance, operations and maintenanceof the facility.
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MARCH 2014
RFP IS ISSUEDfor the design, build, short-term �nance, operations and maintenance of the facility.
JUNE 2013
COUNCIL PRE-QUALIFIES2 private sector consortiums.
