Kelowna, BC

For the City of Kelowna, we completed a process in which we secured a private sector development management and financing package for a new central library and parkade in the downtown area. We designed and managed the proposal call process, evaluated the submissions, helped the City select the preferred proponent, and negotiated the business terms for project management, construction management, and financing. As part of this project, we helped the City analyze the advantages and disadvantages of structuring the deal as a City-owned project with mortgage financing or as a privately-owned project with a City leaseback.