Deal Reached for TLC Lands
Wed, 2008-02-27 11:42.
Some big plans for the former Terrace Lumber Company mill site. TLC has come to an agreement with WestCoast Hospitality, the owners of the Coast Prince Rupert Hotel and majority shareholder of Chances Prince Rupert and the Treasure Cove Hotel in Prince George. WestCoast has agreed to purchase 20 acres of land from TLC, where it would develop a hotel, convention centre and entertainment complex.
WestCoast also has an option on the remaining 53 acres owned by TLC, which would be used for small retail, restaurants, box stores as well as residential development.
WestCoast President and CEO Craig Briere says the site present a great opportunity for a full comprehensive development. He adds Terrace has a tremendously bright future, and with developments such as the Container Port in Prince Rupert, Alcan in Kitimat and mining to the north, it's perfectly situated to continue to be the region's service centre.
John Crawford
Breakfast with Boult
Weekdays from 6:00 am to 10:00 amWhen he's not visiting Bert's Deli or stealing pens from work, Ryan is beating on people who wear socks with their sandals and dreaming of meeting Red Green one day. The rest of the time he's on the radio.
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