Municipality announces waterfront development opportunities on Bigwood Lake

Tim Brody - Editor

Sioux Lookout Mayor Doug Lawrance announced an “unparalleled opportunity for developers” last week, a 26.9-acre parcel of vacant on the shores of Bigwood Lake that is now open to proposals for commercial and residential projects.
The property is complete with convenient access to essential Municipal services as well, the Municipality informed. 
“Strategically located next to the Sioux Lookout Airport, this property is perfectly positioned for mixed-use development. Its proximity to the airport makes it an ideal location for service providers and employees catering to the needs of both residents and travelers, particularly those visiting from surrounding remote First Nations communities. The scenic views of Bigwood Lake provide an attractive location for new residential construction as well,” the Municipality shared in an April 19 media release. 
“The Bigwood property project is not simply about encouraging new construction,” said Mayor Doug Lawrance. “It’s about creating new pathways to success, increasing available employment and housing, and empowering local businesses.” 
Designated for both commercial and residential development the Municipality said that it “envisions development proposals which include a hotel and conference centre, complemented by restaurants, retail spaces, offices, and much needed detached and multi-unit housing construction. This versatile property provides huge potential for growth and expansion.”
“Sioux Lookout is committed to nurturing progressive developments that bolster our economy, improve visitor experiences, and enhance the quality of life of our residents,” stated Jen Esposito, Economic Development Officer. “We invite interested parties to explore this exciting opportunity and be part of Sioux Lookout’s bright future.” 
The Municipality informed that, “services are readily available at the site, and most predevelopment work, including geotechnical, noise, and traffic studies, as well as the environmental impact statement, have already been completed and are available to prospective buyers.”
“The development of Bigwood Lake marks a significant milestone in our efforts to create a thriving and inclusive community with adequate housing and services,” remarked CAO and Municipal Clerk, Brian P. MacKinnon. “This project aligns with our commitment to sustainable growth. We look forward to collaborating with stakeholders and community members to ensure its success.” 
Development proposals are being accepted until May 29th, 2024 with decisions anticipated on July 17th, 2024. 
According to the Municipality, “It is safe to say there is active ongoing interest and groups actively preparing proposals who intend to meet the deadline.”
MacKinnon informed that the total cost spent on the property to-date is $660,44.
The breakdown of that total is as follows: 1. Purchase in 2007 - $152,000, 2.    2013 Appraisal - $2,500, 3. HTFC Conceptual Design - $6,000, 4. Tree and Stump Removal - $22,700, 5. Geotechnical Work - $24,000, 6. Subsurface Infrastructure and estimate - $16,000, 7. Stage 1 & 2 Archaeological Assessments - $7,000, 8. Noise & Vibration Study - $9,800, 9. Traffic Impact Assessment - $19,800, 10. Environmental Impact Statement - $17,400, 11.    Storm Water Management Plan - $15,700, 12. Aerial Lidar Survey - $13,200, 13. 2023 Appraisal - $17,300, 14. Water and Sewer Extension - $337,494, 15.Total -$660,494.
MacKinnon informed, “This has been funded through grants (NOHFC in the amount of $200,162 and FedNor in the amount of $149,577); an additional $38,340 was funded through Water and Sewer Reserves, and the remainder ($272,415) was funded through taxation.” 
People can learn more about the Bigwood Property and other development opportunities at https://availablelands.siouxlookout.ca/.