CALGARY – Canada Olympic Park may soon host a grocery store, retail stores, restaurants and two hotels, according to the Calgary Herald.
Winsport Canada’s proposed development, subject to city approval, would be approximately 400,000 square feet.
Retail stores would be geared towards promoting healthy, active lifestyles and the hotels would accommodate 300 rooms – one family-based and a larger one with a spa and conference centre.
About 22 hectares of land just off the TransCanada Highway and Sarcee Trail will need to be sold to the developer.
Winsport says the development is intended to complement current use at Canada Olympic Park, raise capital for the facility and create and ongoing cash flow.
Dan O’Neill, president and chief executive of Winsport, says he would like COP to become a national sports institute with the ability to service all winter sports.
The proposal will be before the Calgary Planning Commission in late March or early April.
Contigent on city approval, WinSport says it would like to start servicing work this summer and begin construction in early 2012 with opening of some parts of the project by 2013.
An open house is scheduled for Tuesday, February 22nd between 5:00p.m. and 8:00p.m. at the Festival Tent at Canada Olympic Park to discuss the new plan.
Recently, WinSport Canada unveiled its new athletic and ice complex with the opening of three North American size rinks at the 500,000-square-foot facility. Once completed the facility will also include a 3,000-seat international ice rink and a high-performance training centre.
That project includes a five-storey office tower of about 100,000 square feet.
Dan Harmsen, vice-president and associate broker of Barclay Street Real Estate Ltd., said about 30,000 square feet of that tower will be occupied by WinSport, Hockey Canada and other non-profit sports groups and about 70,000 square feet is available for lease.
The office tower will be available for occupancy this fall, he said.
Files from Mario Toneguzzi,
Calgary Herald
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