Friday, June 25, 2010

Let the Construction Begin

By 250 News

Friday, June 25, 2010 02:54 PM

Councillor Cameron Stolz, Mayor Dan Rogers, Minister of Transportation Shirley Bond, Henry Remple, and Minister of Forests and Range Pat Bell, do the initial digging to mark the start of Boundary Road construction

Prince George. B.C. – With the toss of some gravel, the long awaited construction of Boundary Road in Prince George is set to begin.

Representatives from the City, Province and the private investors, took time this afternoon to celebrate the awarding of the construction contract to WIC construction and to kick off the work.

At a gathering just off Gunn Road, Minister of Transportation and Infrastructure, Shirley Bond, said the construction of Boundary road is a key element in the economic future of Northern B.C, “ Today says, we are ready for business , we are ready to move forward.”

That moving forward means the development of a logistics park and light industrial park. Some of the property is on lands owned by the Prince George Airport, while the bulk of the property is privately held. Henry Remple is one of the private land holders who have put up $6.5 million dollars towards the cost of the development of Boundary Road.

Boundary Road has been on the radar for the City of Prince George since the 1970’s. It is the first step in developing a ring road around Prince George that will keep heavy truck traffic out of the downtown core, provide   a much quicker route between highway 97 south and highway 16 east, and will act as a dangerous goods route as well.

The overall cost of the project is $28 million, with the Federal and Provincial Government’s contributing $7.5 million each, while the City and Private land developers contributed $6.5 million each.

The construction of Boundary Road is expected to be a significant positive factor for Initiatives Prince George as it moves forward to sell the Logistics Park development on the Airport Lands. IPG CEO Tim McEwan says while there has been a great deal of interest expressed by   Asian logistics companies, the actual construction of the road will show that the project is “real” . “This construction will open up 3,000 acres of  light industrial lands” says McEwan who says the construction also marks the culmination of two years of work that involved everything from convincing the Agricultural Land reserve to release the properties from the ALR to convincing the senior levels of government  that this was a project worthy of their financial support.

Construction of the Boundary Road intersection with highway 97 south will be completed as part of the Cariboo Connector upgrades already underway.

The two lane roadway is expected to be complete in the fall of 2011.   Construction will include:

  • 6.8 kms of undivided 2 lane  roadway including bike lane
  • Pedestrian sidewalk complete with street lighting
  • storm, sanitary  and watermains
  • new intersections at highway 16 East and Highway 97 South
  • roundabout intersection  at  current Boeing/Gunn Road intersection

Private land owner Henry Remple says he is hopeful of starting the first phase of his logistics park as soon as he has detailed information on his property’s access to Boundary Road.

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Best regards

Dean Birks

Posted via email from Prince George Real Estate

Friday, June 11, 2010

Final project agreement cost for the new Cancer Centre

Prince George, B.C.- The final project agreement cost for the new Cancer Centre to be built in Prince George has been reached. And the building will feature... Click Here for details. (pdf file).

 

Best regards

Dean Birks

 

Royal LePage Prince George

Direct Phone: 250-612-1709

Posted via email from Prince George Real Estate

Friday, May 28, 2010

Agreements for Highway 37 Transmission Line Signed

By 250 News

Friday, May 28, 2010 03:40 PM

Victoria, B.C. -   Agreements signed today will  help  set the stage for the development of the Northwest Transmission Line.

Clean energy agreements between BC Hydro, British Columbia Transmission Corporation (BCTC), Coast Mountain Hydro L.P., a wholly owned  subsidiary of AltaGas Income Trust Ltd. (AltaGas) and the Tahltan Nation will  help to create jobs, provide clean and renewable electricity to B.C.'s Northwest, and power the development of the Northwest Transmission Line (NTL)

The agreements, which will support construction of the NTL, include:

* A $180-million umbrella agreement between AltaGas and BCTC for the construction and development of the NTL.
* An electricity-purchase agreement between BC Hydro and AltaGas for the Forrest Kerr clean energy project near Bob Quinn Lake.
* An impact-benefit agreement between AltaGas and the Tahltan Nation for the Forrest Kerr project.

The NTL project also includes $130 million in funding through the Government of Canada's Green Infrastructure Fund, announced by Prime Minister Stephen Harper last September. The estimated ratepayer contribution to the NTL will be
$94 million, which is expected to be offset by contributions from future clean, renewable energy projects and/or mine developments.

The NTL is a $404-million, 287-kilovolt, 335-kilometre, publicly owned transmission line from Skeena Substation (near Terrace) to Bob Quinn Lake. It will provide a secure interconnection point for clean generation projects, supply clean electricity to support industrial developments in the area, and reduce greenhouse gas emission by enabling communities now relying on diesel generation to connect to the grid.

An application for an environmental assessment certificate for the NTL was accepted by the B.C. Environmental Assessment Office on April 14, 2010. The 180-day application review period is underway, and public meetings have been
held in the project area.

Construction of the NTL is scheduled to begin in late 2010 and will create an estimated 280 construction jobs, subject to receiving necessary environmental assessment and regulatory approvals and accommodation of First Nations' interests.

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Best regards

Dean Birks

 

Royal LePage Prince George

Posted via email from Prince George Real Estate

Wednesday, May 26, 2010

Create New Downtown in 2 Years - Prince George BC

DBIA Has Mission to Create New Downtown in 2 Years

By 250 News

Wednesday, May 26, 2010 05:21 PM

DBIA Vision for  downtown:  A-Public market and artists loft; B-Multi use development; C - Downtown Wood Innovation Design Centre; D - Student Housing; E- Expo building; F- Performing Arts Centre; G- Parking Building; H- access to riverfront  Heritage Trail; I-Mixed Use development; J-Commonwealth Gardens-seniors housing; K-Commonwealth Health

Prince George, B.C.- The new DBIA in Prince George has presented a vision for the downtown of the city which calls for public-private partnerships,   some private investment, and a shared vision with the City of Prince George.
The   vision depicts a downtown that has been transformed by a variety of “incentives” for development. The incentives include low development cost charges, guaranteed approval times,  and revitalization tax “incentives”. Presenter Heather Oland specifically changed the word from exemptions to “incentives” and says it need not be offered to everyone, perhaps just to the first three developers who get on board, perhaps only to certain sectors but that everyone agrees the fundamental building blocks for the downtown are a university campus ( wood innovation centre) a performing arts centre and housing.
The DBIA strongly supports 20, 30 or 40 year tax exemptions to spark new development. Oland says an empty lot worth $56 thousand today would still generate taxes for the City if the value of improvements to that lot (putting a building on it) were   given the tax break.   “It’s controversial, but let’s have that public discussion” she told a gathering at a downtown hotel.
The DBIA held a strategic planning session in April of this year and emerged with a Vision ( to create a new downtown), and a mission (to create a new downtown by 2012). That Vision sees  the construction of the wood innovation and design centre  on land ( former P.G. Hotel property) which the  company headed up by the DBIA’s  Treasurer Dan McLaren  sold to the City of Prince George.
The plan also sees property on the east and west sides of George Street developed for a performing arts centre and a P.G. “expo” centre it would be  “A gateway to the downtown” Oland told the group.
The block between Dominion  and Quebec streets bounded by 5th and 6th Avenues, would be home to student housing (currently it is home to the Italian club,  a bowling alley and a parking lot), while the block at 3rd and George across from the Courthouse would become a market with an artists loft.  

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Dean Birks

Royal LePage Prince George

Direct Phone: 250-612-1709

Prince George Real Estate

Posted via email from Prince George Real Estate