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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

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2012 RBC Award Winners

  • 1. EDAC / RBC Financial Group Economic Development Achievement Award 2012
  • 2. • The quality of this year’s submissions was excellent • 2 shortlisted for Honourable Mention
  • 3. • 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
  • 4. Sioux Lookout’s Centennial Centre BEFORE AFTER
  • 5. • 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.
  • 6.
  • 7. EDAC / RBC Financial Group Economic Development Achievement Award for 2012
  • 8. EDAC / RBC Financial Group Economic Development Achievement Award for 2012