Infrastructure Upgrades Slated For Terrace Bay
McGuinty Government Invests In Downtown, Water System Revitalization
The first phase of a major downtown revitalization project that will generate about 30 jobs in the next five years and enhance tourism potential is under way in Terrace Bay.
The project includes:
- Renovations to Simcoe Plaza
- Restoration of a canopy and construction of a complementary new structure
- Streetscaping and sidewalk improvements
- Landscaping, interpretative displays, improved lighting and new benches.
A lighthouse-themed lookout will also be constructed to draw the traveling public into the downtown retail area. This first phase also includes better directional signage to major attractions in the Terrace Bay area.
Under a separate initiative, the municipality is also receiving additional funding to complete a major water system upgrade. The upgrade will provide safer drinking water to more than 820 local households.
- A total of nearly $1.9 million is being invested in the downtown revitalization project -- $1,499,900 from the Northern Ontario Heritage Fund and $400,000 from the Ministry of Agriculture, Food and Rural Affairs' Rural Economic Development Program.
- Viewfinders located at the new lighthouse beacon will offer panoramic vistas of Lake Superior and the Slate Islands.
- The upgraded water treatment plant will benefit more than 820 households. The NOHFC is providing $755,137 for additional upgrades, having previously invested more than $1.3 million in the project since 2004.
“From the planning, design and construction jobs generated by this work to the consumer traffic drawn to the downtown to the increase in retailing activity, the entire community clearly benefits from a revitalization project such as this.”
“"Having a revitalized downtown with a vibrant retail sector will encourage tourists traveling along the Trans Canada Highway to stop and enjoy the area, helping increase opportunities for new and existing local businesses.”