LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT
MISSISSAUGA, ON, Aug. 3, 2017 /CNW/ - Bird Construction Inc.
("Bird") announced today that it is part of the Niagara Falls
Entertainment Partners consortium that has executed a contract to
design, build, finance and maintain an entertainment facility for
the Ontario Lottery and Gaming Corporation in the City of Niagara Falls. Bird will design and
build the project and has taken a minority equity interest in the
concession responsible for the design, construction, financing and
maintenance of the project through Bird Capital, a wholly owned
subsidiary. On July 11, 2017, the
Company announced that it was part of the consortium named
preferred proponent for the project. Since that announcement, the
consortium has achieved financial close.
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 Company expects to commence construction activities shortly
with the new centre expected to open in spring 2019.
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.