Ontario Officially Launches World-Wide Search for Development PartnersPublished on May 28, 2019
Ontario Officially Launches World-Wide Search for Development Partners
Province seeking submissions to reinvent Ontario Place as a spectacular destination
TORONTO — Ontario's government for the people is launching a world-wide search to find a private sector partner, or partners, with the best, most remarkable concepts to transform Ontario Place into the world-class destination it was always intended to be.
Michael Tibollo, Minister of Tourism, Culture and Sport, was joined by Monte McNaughton, Minister of Infrastructure, at Ontario Place to make the announcement.
"Our government promised to move quickly to bring Ontario Place back to life and we are delivering on that promise," said Michael Tibollo, Minister of Tourism, Culture and Sport. "We are inviting partners from around the world to submit their designs and ideas for a reimagined Ontario Place."
Through a Call for Development, the province is encouraging interested parties to take a fresh look at this unique waterfront asset. The province is seeking transformational ideas that are financially viable from partner(s) who have the right experience and capacity to design, implement and operate their development on the site. Residential developments or casinos will not be considered.
"Infrastructure is more than bricks and mortar. It's about the people who use it," said Infrastructure Minister Monte McNaughton. "Today's announcement puts us on a new, visionary path for Ontario Place that will benefit the people of our province and beyond. We are looking for big, bold ideas."
This Call for Development follows the government's invitation in January to interested parties to submit their ideas early. Submissions should be commercially feasible and reflect the province's vision for the site as a spectacular destination that could include sport and entertainment landmarks, public spaces and parks, recreational facilities, as well as retail.
"The former government ignored this gem and let it deteriorate for far too long," said Tibollo. "We have a real opportunity here to unlock the great potential of Ontario Place as a year-round, world-class destination that can attract visitors from Canada and abroad, as well as Ontarians."
- Interested parties are invited to visit OntarioPlaceDevelopment.com for more information on the opportunity and details on how to make a submission.
- Submissions are due September 3, 2019.
- Infrastructure Ontario has engaged KPMG and Colliers to market and promote this opportunity.