Also a contributing factor in this year’s construc-
tion performance is the growth of Terrace as a
regional centre. Projects like the Safeway expansion
and the new B.C. Buildings Corporation offices are
only a hint of what's to come. .

BCBC has.
also slated an ~
$850,000 expan-
sion of their old
quarters to
accommodate the
Ministry of High- .

“ways. There’s a
$4 million
upgrade of the
Imperial. Oil bulk
plant. already
under way and

an indication
another oil com--
pany will soon
follow suit. Work

Lafleur: smiling.

-on the new Terrace Regional Correction Centre will

begin in a few months. That project will be worth
between $2 million and $3 million.

Work on a new $1 million shopping centre on

Keith Ave. will begin soon. City building and licens-
ing inspector Bob Lafleur says the 21, 000 square foot
facility | will be located east of United Buy and Sell

Value - Added Wood Products Seminar

“The City of Terrace is pleased to sponsor |
~~’ a Value-Added Wood Products Seminar on
| Friday, May 22nd a
cin room 2001 at the Terrace campus of
Northwest Community College.

Participants will gain. knowledge i in:
* Timber information .
¢ Utilization past and present
» Value-added opportunities in the northwest
« _* Domnestic and international markets”
. “Types and sources of specialized
equipment
° + And more
For registration information call
“the City of Terrace at 635-6311 local 238.

The seminar fee is $85 plus GST. - .
Registration deadline is
Wednesday, May 20th.

TE

A Whole Lot in Store For You

Terrace Review — May 15, 1992

and will be home to 11 new businesses selling
everything from ski equipment to appliances. In
addition to this new retail space, the owner of an
existing shopping centre is currently Planning a $2
million addition later this’ ‘year.

A start could: be made: on the Térracevit sa Sup-
portive Housing project this year. Terrace gional
Health Care CEO Michael Leisinger says { the society
is currently investigating the possibility of building
one of the four planned 10-suite units ithis’ ‘year. |
Leisinger says this would provide a facility: that
would not only meet the existing need but, prove to
apparent. non-believers in ‘Victoria . that: the need
actually exists.
‘In addition to. these projects, the Canadian
Imperial Bank of Commerce branch will see ‘ainauch-
needed $400,000 expansion this year. "A new
$400,000 dental clinic may: become a reality in.
Terrace soon. Not a company to be left behind,
speculation still exists that: Overwaitea might be

- planning an expansion of their own. Will they match

the $3.3 million being spent by Safeway? Only time

- will tell.

Add to this an expected $4 million in comercial

renovations this year and an additional $4 million in
new housing, and you will begin to understand why

Bob Lafleur is wearing a big smile.

Earlier this year, Lafleur predicted a record year.
He said he expected to see 50 housing starts. and a
record $20 million to $24 million worth of construc-.
tion. He has now upgraded that estimates to 70 new
homes and $30 million in construction. This would
beat the 21-year record of $14.6 million set in 1990

_ by a wide margin and set a mark in our history that

may not be beaten for decades to come.
_ Or... perhaps not. What if city council’s dream

comes true and the Ministry of Municipal Affairs
_- grants their wish of owning a 15-mile strip of High-
way 37 and the Dubose cul-de-sac? Lafleur might

then have the privilege of writing a $400 million

~ . building permit — for a groundwood pulp and paper

mill.
‘Realistically, however, Lafleur’s ‘current estimate
of a $30 million year appears at the moment to be an

' achievable goal. Scrap the $4 million move by a

second oil company, and two or three of the smaller
projects listed above, and the year ’s total would still
be over.$30 million.
Lafleur says 125 new business licences have been
issued so far this year, a number to new trades
contractors and subcontractors, but there are also
many new retail outlets and service-oriented busi-
nesses springing up in the city core and private
homes.
. And realtors are happy; too: Lafleur ‘mentions
one who recently put five homes on the ‘market and
sold two of them the same day. A third sold two days

later, and the other two have also been sold.

— Tod Strachan