Government seeking proposals for Centennial Building
The provincial government is issuing a request for proposals for the Centennial Building in Fredericton as it considers options for the future of the property.
Transportation and Infrastructure Minister Bill Oliver says, "we understand that the development of this property is important to downtown Fredericton, and we think it is in the best interest of New Brunswick taxpayers and the City to consider all options, including those that would not involve taxpayer dollars."
The government announced last fall it would not be proceeding with redevelopment of the property, with the decision part of a plan to address the provincial deficit and allow the government to take a budget with a surplus for the first time in a decade.
The province says an interdepartmental steering committee has been established to draft and issue the request, develop evaluation criteria and evaluate submissions.
According to a press release, the request will aim to ensure that any potential development aligns with the City's development standards, and the steering committee will also consider the following criteria:
- Highest bid and best use of property;
- No inclusion of public money or risk to provincial taxpayers;
- New Brunswick content;
- Open and transparent process;
- A requirement to develop the property, not leave "as is";
The request for proposals also addresses the artwork in the Centennial Building, including a plan for the province to retain ownership to ensure its accessibility to the public.
The deadline for proposals is June 28.