LNG Canada will be anchor tenant for Haisla Town Centre in Kitimat

A 10-year lease deal will have LNG Canada take on a 49 unit apartment building currently being constructed in Kitimat.

Phase one of a residential development at the Haisla Town Centre in Kitimat’s downtown will have LNG Canada as its “anchor tenant.”

It was announced that LNG Canada and the Haisla Nation have finalized a 10 year lease that will see the company proposing a liquefied natural gas facility in Kitimat to lease 49 condos — a mix of one and two-bedroom units — which comprised the entirety of a single residential building.

The building is Haisla Town Centre’s first phase, out of a planned three residential buildings, and will also be complemented in the future by a two-storey office building, a hotel and restaurant.

The LNG Canada-leased building is expected to be finished construction by late 2016.

A spokesperson for LNG Canada says the units at Haisla Town Centre will be for senior staff on the project.

“The units will be occupied by LNG Canada senior staff and their families. Subcontractors and their workers will initially use housing at the Civeo Sitka Lodge, and then the LNG Canada Worker Accommodation Village when completed.”

As for how a 10-year deal should be interpreted by the community, the company says they still need to secure a final investment decision.

“Should LNG Canada make a positive financial investment, construction of the facility would take approximately five to six years and we are committed to developing and operating our facility so we have a positive impact on the community. The number of years the facility would be in operation is dependent on a number of factors such as market demand, or license requirements.”

 

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