A mighty ally for centre
By ROGER TAYLOR BUSINESS COLUMNIST
Fri. Jun 11 - 4:54 AM
The influential Nova Scotia Chambers of Commerce has come out in support of the proposed new convention centre in downtown Halifax.
The existing World Trade and Convention Centre must be recognized as an economic engine for the province, says Wayne Fiander, president of the group.
"Investment in this type of asset is critical to the sustained growth of the province."
The convention centre project can serve as a catalyst, he says in a letter, stimulating investments in hotels, restaurants and other businesses.
Comprised of 32 chambers of commerce across the province, the provincial organization claims to be the chief advocacy group for more than 6,700 business owners.
Fiander says the current convention facility in Halifax has been a success but, after 30 years, it needs to be replaced.
"A great deal has changed in the conference and meeting industry. While upgrades can overcome some of these constraints, the bottom line is that, in terms of competition with other facilities, ours is outclassed."
The convention centre would be only one part of a major hotel, office and retail complex proposed for the downtown. The entire project is estimated to cost close to $400 million to build, with the convention centre portion costing about $120 million.
Funding for the convention centre would be shared between the provincial government, Ottawa and the Halifax Regional Municipality.
A study conducted for the province by Deloitte consultants recommends the convention centre be structured on a design-build-finance-maintain model for ownership and operation. That would mean the private developer, Rank Inc., would own the facility and be responsible for the design, construction and ongoing maintenance of the facility. The private partner would finance the project in return for an annual lease payment over an agreed term.
The province’s Trade Centre Ltd., the current operator of the World Trade and Convention Centre, would be responsible for sales and marketing, catering and general site operations.
Fiander says some people may have trouble with the proposed public-private partnership, but many of the economic benefits of a convention facility can only be achieved by government.
"Surely the provincial government would not want to say no to $30 million in additional revenue that will be generated over just 10 years of operating the new facility. Objections to private-sector involvement is simply reflex," he says.
That’s the view of the Nova Scotia Chambers of Commerce, and now Trade Centre Ltd. has launched a website to provide information and gather feedback about the proposal.
The site,
www.conventioncentreinfo.com, provides background on the project, has a weekly discussion forum and invites feedback.
The information already available on the site includes preliminary convention centre reports and a recently completed JDA Architects report that reviewed the practicality of renovating the current convention centre to meet the specifications in the request for proposals for a new convention facility.
In addition to the website, Trade Centre Ltd. will host public open houses at the World Trade and Convention Centre on June 23 from 6:30 p.m. to 8:30 p.m. and on June 24 from noon to 2 p.m.
The detailed submission from the developer, with a design and facility management plan, financing and price, is due July 19. A decision on whether the project will proceed will follow a detailed evaluation by the provincial government.
(
[email protected])