LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT
MISSISSAUGA, ON, July 11, 2017 /CNW/ - Bird Construction Inc.
(Bird) announced today that it is part of the Niagara Falls
Entertainment Partners consortium selected as the preferred
proponent to design, build, finance and maintain an entertainment
facility for the Ontario Lottery and Gaming Corporation in the
City of Niagara Falls. Bird will
perform the design and construction of the project and will also,
through Bird Capital, a wholly owned subsidiary, take a minority
equity interest in the concession responsible for the overall
project, including design, construction, financing, and
maintenance.
The facility features a performance space with multiple stage
configurations and provides seating for over 5,000 patrons.
Additional features include a public lobby and gathering spaces,
box offices, bar and concessions.
The consortium plans to reach financial close in July of this
year with construction expected to commence shortly thereafter. At
this time, there can be no assurances that the consortium will
receive a contract award related to this project.
"Bird is proud to be part of the consortium selected as the
preferred proponent to design, build, finance, and maintain the
Niagara Falls Entertainment Centre. This important project adds to
our expanding portfolio of public-private partnership projects and
further establishes the Company as a key Canadian participant in
this delivery model", said Mr. Ian
Boyd, President and CEO of Bird.
This press release contains forward-looking statements that
involve a number of risks and uncertainties because they relate to
events and depend on circumstances that will occur in the future.
Many factors could cause actual results and developments to differ
materially from those expressed or implied by these forward-looking
statements.
The Toronto Stock Exchange does not accept responsibility for
the adequacy or accuracy of this release.
SOURCE Bird Construction Inc.