Commercial development PPP project in Sylvan Lake

project in tender

This project includes design, built, and operation of the mixed-use commercial development site in the city of Sylvan Lake. Sylvan Lake is a city located in the Canadian state of Alberta. The proposed project will be located on the municipally-owned parcel of approximately 5-acre land located at 5104 Lakeshore Drive. The private partner will be responsible to jointly finalize a vision of an animated public destination supported by vibrant commercial / retail space; build and operate the commercial/retail component; provide physical construction and / or capital contribution for public amenities as outlined within the Lease; provide on-going contributions to public space maintenance and programming; and provide a parking solution that meets the objectives of the ARP, and addresses the unique challenges of the site and area. Underground parking may utilize the entire lot area. This Public-Private Partnership (P3) opportunity will be based on a 60-year non-renewable lease of the public land.

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