Now Reading
It’s a deal! Downtown precinct agreement will see facility upgrades, new housing

It’s a deal! Downtown precinct agreement will see facility upgrades, new housing

After several years of considering various proposals, Hamilton is on it way to seeing the creation of a re-vamped entertainment precinct, Describing the plan as a Hamilton version of Toronto’s distillery district, the consortium led by Carmen’s Group will renovate and take over the operation of FirstOntario Centre, the FirstOntario Concert Hall and of the Hamilton Convention Centre, for a period of 49 years with no monetary contribution from the City. A city news release says the deal will save the City an estimated $155 million over 30 years.

The Precinct Group proposes a minimum $50 million renovation of the FirstOntario Centre which includes a new exterior façade and video board, comprehensive transformation of the lower bowl, expanded concourse level, and a new flexible curtaining system for the upper bowl balcony.

The renovation also proposes to allow year-round access to street-level attractions on York Boulevard which will include a Sports Lounge, an e-Gaming zone, and additional food and beverage offerings in collaboration with local hospitality partners.

The Precinct Group’s plan includes over $12.5 million in capital upgrades, expansion and enhancements to the existing Hamilton Convention Centre and Concert Hall, as well as a one-time $2 million contribution to the Art Gallery of Hamilton.

The Precinct Group’s plan also includes over $500 million in auxiliary mixed-use development, including 5% affordable housing in one of the residential developments.

Hamilton Urban Precinct Entertainment Group L.P. (known as ‘Precinct Group’) is a regional consortium led by Carmen’s Group and the Mercanti Family and Associates, working in collaboration with venue operators, industry consultants and development partners, including LiUNA, Meridian Credit Union and Paletta Group.

The city will be turning over the York Street Parkade and an adjacent parking lot as well as the building that currently houses Community Development Hamilton on York Boulevard to the consortium.

The releasesays  City’s contribution to this agreement is limited to City owned lands in the downtown core, and a new tax incentive program called the “Downtown Entertainment Precinct Advancement Program”. The details of that incentive will be released in detail at a July 6 Planning Committee meeting.

The Precinct Group is to take over the operations and maintenance of all three entertainment venues on April 1, 2022 with the City retaining ownership of the lands and facilities.

FirstOntario Centre construction will take place over two years and completed in two phases. Work is anticipated to begin in the fall of 2022. The Precinct Group says it will work with current tenants and operator to minimize any operational impacts of the renovations. The Precinct Group will work with international Arena Architect BBB and lead local architect DPAI. Plans for the arena include premium food and beverage amenities like a microbrewery, viewing cocktail lounges and enhanced hospitality suites, refreshed performer rooms coupled with improved technological investments to ensure top-tier artists and all visitors have a best in class experience,

Construction at the Hamilton Convention Centre and the FirstOntario Concert Hall will take place after the completion of the FirstOntario Centre renovations.

What's Your Reaction?
Don't Agree
In Love
Not Sure
View Comments (6)
  • Well so much for moving these centre,s as their present location was a point of discussion.One can see the Hamilton Bulldogs looking elsewhere.Convention centre is just in the wrong place.Location,Location is everything.

  • I’m looking at affordable housing. 5% which represents which definition of affordable housing? In my mind it does not equate for housing for the homeless or others near homelessness.

    I wonder if my councillor who voted for this has a conflict of interest given a member of their family’s long fingers within consortium holdings.

    Reminds me of ancient Rome and the elite laying on couches, eating grapes while everyone else is deemed deposible.

    49 years, almost 5 decades.

  • Your personal view is true it is a concern in this city.With all the scandals coming out of city hall one gets the feeling that not all is kosher.

  • Thanks Ian, the deal was made in camera so the details , we the serfs are not privy to.

    I’m sure as time goes by things will be brought into the light.

  • Just heard Mr Mercanti on CHML, they have a plan yet nothing is for sure going forward considering COVID 19.

    What gains are there for the working class and others in low income groups?

    Will the end result be a clearing of certain types of people from downtown?

    Lots of fancy business language, he used which to me is political rhetoric.

    Is their plan to get rid of the various instituations that belong to the Orwellian Ministry of Plenty downtown???

    So many questions!!!

Leave a Reply

Your email address will not be published.

© 2019 The Bay Observer. All Rights Reserved.

Scroll To Top