Thunder Bay calls for Event Centre partners
The city of Thunder Bay is looking for potential business partners and investors in the proposed $106 million Thunder Bay Event Centre.
The city announced Friday it has issued a "Request for Expressions of Interest."
Pricewaterhouse Coopers is working with the city on the request process.
A news release from the city said the request is for third parties to potentially partner with the city in the operation, programming or financing of the facility, including the arena and convention centre components, as well as other services such as a restaurant and catering provider.
The request also asks for proposals from third-party owners or investors interested in occupying the event centre as an anchor tenant.
Den for Thunderwolves?
Thunder Bay city manager Tim Commisso said the Lakehead University Thunderwolves are a potential tenant, as the university has indicated hockey games and other functions connected to the university could amount to 40 events over the course of a year.
Michael Smith, general manager of Facilities, Fleet and Transit Services for the city, said the request process "will help the city gauge, and potentially secure, private sector interest ... which will be an important piece of the puzzle for the project to proceed to a project-ready stage."
The deadline for submitting expressions of interest is the end of August.
The city is also applying to the federal and Ontario governments for funding, and developing a final business plan to confirm the cost of building and operating the multiplex.
Details of the request are available at thunderbay.ca/bids.
Information about the event centre is available at thunderbay.ca/eventcentre.