04-11-2015, 12:30 AM
Looks like the Hespeler site is out; the new proposal is part of the Conestoga College Blair Campus.
Quote:Cambridge looks to build sportsplex on Conestoga College land
CAMBRIDGE — In a cost saving move, the City of Cambridge hopes to build its long-awaited sports multiplex facility on Conestoga College's property off Fountain Street, south of Highway 401.
In a proposal to be considered by Cambridge city council on April 16, city staff says they sought out Conestoga College because building the 150,000-square-foot or larger facility in partnership with the college "would achieve efficiencies that would otherwise not exist in an independent venture."
"When this opportunity presented itself, we saw it first and foremost as a land acquisition opportunity," said Kent McVittie, city commissioner of community services. "But from there, as we discussed it, there are just so many synergies and efficiencies that make themselves attractive.
Under the proposed terms, the city would enter into a long-term land lease with Conestoga College, allowing the city to secure the eight to 12 hectares needed for the facility for $3.5 million less than the $6 million officials had budgeted.