News

December 19, 2007:
New NRI Brochure Launched

Nustadia Recreation
710 Mountain Brow Blvd.
Hamilton, Ontario
L8T 5A9
Tel: (905) 630-0958

Tim Hortons 4-Ice Centre, Moncton

Developer & Operator Nustadia Recreation	Project Director / Principal Ben Sproule (905) 630-0958

General Manager Warren Frizzell (506) 384-4423	Facility Website www.moncton4plex.com

In 2000, Nustadia Developments responded to a call for Expressions of Interest for Private public Partners to develop a new fourpad Arena complex on land in the newly developed Moncton Commons Sports Park. Over the previous three years, the city purchased the 120 acre Commons site from Canada Lands Corp and invested over $7M. in environmental clean-up and construction of 24 playing fields (baseball, soccer, football).

Nustadia Developments and Ellis-Don Ltd. formed a new company called 'the Moncton Arena Partners (MAP)', and submitted a detailed proposal to partner with the City in the development of a new anchor facility for the new Commons. The innovative proposal put forward a facility that was a year round business venture, providing dedicated services to the outdoor playing .elds as well as a financing model based on ownership of the facility by a not for profit company. The MAP proposal called for closure of the existing single pad municipal arenas.

"The new Moncton Four-Pad Arena Facility includes one NHL sized rink with approximately 1500 fixed seats, 3 NHL sized arenas with 150 seats each, and a multi-use, restaurant/ bar/ entertainment/ meeting area of over 7,000s.f."

Nustadia Development's plan for the new complex presented complete business planning, programming, PPP agreements, specifications and design drawings, a Guaranteed Maximum Cost (including a design-build contract for the building), complete development management services, a design review and modification process, and complete fit-up. Nustadia Developments, through MAP, would provide the operations and marketing of the new facility for a twenty-five year term.

The City of Moncton and MAP created a partnership agreement for the Design, Construction, Financing, Operating and Ownership of the new Four-pad Complex in February of 2002.

The design-build team, lead by Ellis-Don Ltd. and PBK Architects was given the daunting task of completing the entire construction (with the exception of site services, grading and some foundations that were pre-awarded) between March and mid-October of 2002. The new Moncton Four-Pad Arena Facility would include one NHL sized rink with approximately 1500 fixed seats, 3 NHL sized arenas with 150 seats each, and a multi-use, restaurant/ bar/ entertainment/ meeting area of over 7,000s.f.

The Food and Beverage services would include mobile service to the Commons area in the summer, a rooftop patio area overlooking the playing fields, and many innovative programs. Nustadia pre-sold the naming rights for the facility (a ten year deal with Tim Hortons) commercial lease space for other vendors including a sports retail business and over $75,000 of advertising and sponsorships annually. The total development cost, including the fit up of the bar/ restaurant area, was approximately $15.5 M (not including the cost of land).

The development of the Tim Hortons 4 Ice Centre was successfully completed on budget and on schedule, and opened on October 15, 2002. The partnership agreement was the subject of one of the featured presentations to the Canadian Annual Conference for Private Public Partnerships in 2002, and creates a new model for multipad spectator arena development in Canada.