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A Business Case to Protect the Future of the Marina at 1 Port

We’ve heard from the community and the marina stakeholders that protecting for a sustainable marina is a key priority for the redevelopment of 1 Port Street East.  To advance this priority, the Canada Lands Company (CLC) has entered into a Memorandum of Understanding (MOU) with the City of Mississauga to develop a Business Case to inform a sustainable and viable marina for the long-term.  This Business Case will be completed under the City’s direction and paid for by CLC.  Following a Request for Proposal process, the City has retained Touristics, a well-regarded firm with extensive experience in undertaking marina studies and business plans both nationally and internationally, to lead the Business Case work, along with Shoreplan Engineering and The Planning Partnership.

The Business Case for 1 Port is scheduled for completion in the summer 2015 and will analyze uses, site layout, operation and ownership options for a marina. The Business Case will, in turn, inform the City’s master plan, future policy framework, and implementation plan for a marina and the mixed use redevelopment at 1 Port.

The City and its consultant team will be talking with boating and marina stakeholders over the coming few months to inform the Business Case.  It is also expected that the City, through Inspiration Port Credit, will be updating the community about this work before the City proceeds with its final master plan and policy framework in the Fall of 2015.

 

  • Mar 25 2015