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The Economy 2001 Major Projects |
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| Project | Capital Cost ($Millions) | Start/End Date | Zone | Comments/Location |
| Adult Community Living | 50.0 | 1996/08 | 19 | Karwood Estates - construction of a self-contained adult (40+) community, including houses, apartments, recreational infrastructure, medical facilities and retail space. Situated on a 73 acre development. $2 million to be spent in 2001. (Paradise) |
| Building Redevelopment | 4.0 | 2000/01 | 19 | Nolan Hall Real Estate Services Ltd., in conjunction with Project Management & Development Ltd. - refurbishment and revitalization of the 1912 King George V Building into either a boutique hotel or condominium complex. (St. John’s) |
| Condominium Development | 3.5 | 2000/01 | 19 | North Island Resorts Limited - construction of The Palisade, will include 16 suites, an underground parking garage, and commercial space. (St. John’s) |
| Cottage Development | 5.5 | 2001/05 | 19 | North Island Resorts (LC) Limited - construction of 50-60 outport-style oceanview cottages. (Lance Cove, Bell Island) |
| Home Improvement Store | 5.0 | 2001 | 19 | Kent Home Improvement - 100,000 sq. ft. retail store. Capital cost figure estimated by the Department of Finance. (Mount Pearl) |
| Housing & Development | 6.4 | 2001/02 | N/A | Newfoundland and Labrador Housing Corporation - includes $2.5 million in non-profit housing modernization, and $3.9 million in land development. (Various locations) |
| Maintenance/Office Building | 2.0 | 2001 | 19 | St. John’s Port Authority - construction of a combined maintenance/office building to accommodate equipment repair and offices for Oceanex. (St. John’s) |
| Provincial Home Repair Program | 10.2 | 2001/02 | N/A | Newfoundland and Labrador Housing Corporation - a combination grant/loan program to aid low-income households with home repairs. Federal/Provincial cost-shared. (Various locations) |
| Retail Outlet | 4.5 | 2001 | 9 | Canadian Tire Corporation - construction of a 30,000 sq. ft. store. (Stephenville) |
| Sango Bay Relocation Project | 112.5 | 1997/02 | 1 | Relocation of the Innu community of Davis Inlet to Sango Bay. To date, $66 million has been spent. $30 million anticipated for the 2001 construction season. Federal funds. (Sango Bay) |
| Seniors’ Complex | 4.0 | 1996/01 | 14 | Central Seniors Developments Ltd. - project includes the construction of condominiums and apartments as well as general use rooms for all occupants. (Gander) |
| Seniors’ Complex | 6.5-7.0 | 2001/03 | 19 | Frank in the Box Limited - construction of 65 to 70 housing units. Projected expenditures of $1.7 million in 2001. (St. John’s) |
Major Projects: Education section continued on next page. |
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The Economy 2001 Major Projects |
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