Bird closes Moncton Downtown Centre

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Bird closes Moncton Downtown Centre Bird Construction Inc. has executed a contract to carry out the Moncton Downtown Centre PPP project in Moncton, Canada.

On August 21, 2015, Bird announced that it was named preferred proponent for the project. Since that announcement, Bird has achieved financial close.

The firm will have to design, build and finance the construction phase of the 250,000 sf facility, which will include a single NHL sized ice surface with more than 9,000 permanent seats and up to 10,000 seats to accommodate other events. The Downtown Centre also includes flex space, a club lounge, private boxes and a multi-use outdoor plaza facility.

The total project investment is estimated at CAD$107 million (US$81.5 million). The province has committed CAD$21 million in a forgivable loan for the project.

Bird Construction expects to start site development this fall with full construction starting in the spring of 2016. The new arena is expected to be open by the fall of 2018.

Additionally, the city of Moncton has tapped WTP Consultants, to oversee the construction of the new facility.

Moncton is a Canadian city located in Westmorland County in southeastern New Brunswick. The city has a population of about 70,000 inhabitants and covers 142 km². The underpinnings of the local economy are based on Moncton's heritage as a commercial, distribution, transportation, and retailing centre.

List of country news

Country news

  • October 06, 2015

    InstarAGF Asset Management partners with Kindle Capital; see strong demand

    Kindle Capital Group has joined InstarAGF, an independent alternative asset management firm with an emphasis on North American middle-market opportunities in the infrastructure sector and other alternative asset categories. Read more
  • October 09, 2015

    BC Hydro awards worker accommodation P3

    British Columbia's BC Hydro announced yesterday that it has signed a contract with ATCO Two Rivers Lodging Group for the design, construction, partial financing, operation and maintenance of worker accommodation at the Site C dam site. Read more
  • October 15, 2015

    ACS to refinance South Fraser Perimeter Road

    FTG Fraser Transportation Group Partnership (FTG), a consortium of ACS Infrastructure Canada, Star America, and Ledcor, will refinance the South Fraser Perimeter Road (SFPR) project in the Metro Vancouver region, Canada. Read more
  • October 16, 2015

    J.C. Rathbone Associates opens office in Canada

    J.C. Rathbone Associates (JRCA), financial risk management consultancy, Read more
  • October 16, 2015

    Windsor-Detroit Bridge Authority announces six SOQs for Gordie Howe International Bridge project

    The WDBA is also responsible for project oversight and will set and collect all tolls. WDBA has reported in a statement: Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.