EDAC / RBC Financial Group Economic Development Achievement Award

2012

• The quality of this year’s submissions was excellent

• 2 shortlisted for Honourable Mention

• Sioux Lookout “Centennial Centre” Project– Renovation of former Sioux Hotel building into an office

complex and a youth centre.• $4.5 million in project funding secured through contributions from :

– Town / Build Canada Fund / Northern Ontario Heritage Fund Corporation

– Results - building 90% occupied• Youth centre on lower level• Two floors of new and expanding businesses• Third floor exhibition space for local artists• Generating surplus revenue

Sioux Lookout’s Centennial Centre

BEFORE

AFTER

• Lethbridge’s “teconnect” Incubator Centre– An incubator targeting ICT sector built in cooperation with

Blackbridge Geomatics and other community partners• Results

• $5.5 million / 10,000 sq.ft. centre has already attracted 6 commercialization clients and 3 commercial tenants creating 14 new ICT jobs initially

• Blackbridge constructed a new adjacent building and provides up to 20% of their Tier III data centre capacity plus operational support for the incubator

• Economic Development Lethbridge and Blackbridge shared site servicing and development costs reducing the overall capital requirements by approximately $100/sq.ft.

EDAC / RBC Financial Group Economic Development Achievement Award for 2012

EDAC / RBC Financial Group Economic Development Achievement Award for 2012