Government kicked off the next step in building a new World Trade and Convention Centre for Halifax – finding out how much this thing is going to cost.
The province and the Halifax Regional Municipality have asked developer Rank Group for a detailed proposal for a complex to replace the outgrown WTCC.
That proposal is due in February and will include a price. The government is also funding a “shadow bid” by another consultant to compare with Rank’s proposal.
After looking at both proposals there will be a final decision on whether to go ahead with the centre.
“We’re on a tight timeframe here. We’re looking at February for the decision, March for the project. It’s coming down to crunch time,” said Transportation and Infrastructure Renewal Minister Bill Estabrooks.
The estimated cost used by the previous Tory government was $300 million. It’s not known whether the federal government will help foot the bill or how much each level would pay.
Estabrooks said the province plans to be a “prominent partner” but it could still pull the plug on the project if they don’t like Rank’s proposal, adding there is a limit on how much the province is willing to spend without getting into specifics.