OLG Selects New Niagara Falls Entertainment Centre
Ontario Lottery & Gaming Corporation (OLG) announced their selected partners, Niagara Falls Entertainment Partners to design, build, finance & maintain the $130 million new theatre centre. Located in the Fallsview Casino Resort district, in the City of Niagara Falls the new 5,000-seat theatre development will generate 800 jobs during the construction phase. Scheduled to open in mid-2019 and will be operated by the OGC’s Niagara Gaming Bundle selected proponent group expected to be announced at the end of 2018.
Stay-tuned for further details being released in the fall.
Multi-Million Investment Project Underway At Casino Niagara
Casino Niagara embarks on the next phase of an exciting $7 million investment that will deliver an elevated gaming and entertainment experience for all visitors. The current phase of the project focuses on a transformation of the second level into Niagara’s top destination for sports fans, food enthusiasts, entertainment seekers and loyal visitors. Completion is scheduled for the fall of this year.
Aligning with Casino Niagara’s promise to deliver “just plain more fun,” the project includes a $3.5 million spend on infrastructure and redesign for a fresh entertainment experience that greets visitors as they walk through the doors. An additional $3.5 million is being invested in technology and gaming, to offer guests the next generation of gaming. This new investment is in addition to recently completed projects on the Market Buffet, Gaming Floor, Players Advantage Club booth, new slot products and renovations to the Conservatory.
The investment in renovations and improvements is part of Casino Niagara’s plan to attract both loyal and new guests and keep business strong.
HOCO Entertainment & Resorts' Coaster Go Kart track is currently under construction and set to open for the 2018 tourism season. The structure will be North America’s largest elevated Go Kart track facility and will be the first of its kind in Canada marrying traditional Go kart excitement with the added thrill of an elevated coaster track structure.
FENA Insurance Solutions Inc. Opens New Head Office
FENA Insurance Solutions Inc. has officially opened their new head office on June 9th of this year. Jack Muraco (President of FENA Insurance Solutions Inc.) and Mayor Jim Diodati cut the ribbon at the Grand Opening located at 4850 Dorchester Road in Niagara Falls. FENA was founded in 2006 and has since become a leading property and casualty insurance brokerage in the region. By using a broad selection of insurance carriers they assure to provide the most comprehensive protection products at a competitive price. FENA offers innovative insurance for businesses, commercial properties, homes and automobiles. FENA’s wide-range of products for small or large businesses include: Manufacturing/Industrial, Construction, Retail and Realty.
Royal LePage Niagara Real Estate Centre, relocated at 4850 Dorchester Road in Niagara Falls, had its grand opening on June 15th of this year. Royal LePage sells more homes in Niagara than any other real estate center and that’s why they set the standard by which all other real estate professionals are judged. They demand the best from themselves and their sales representatives, so that in turn, they can provide the best to their clients.
A Royal LePage Regional Update for June 2017 states that “The real estate market in the Niagara & Haldimand regions continues to be very strong. 1312 residential listings went on the market in June compared to 1419 in May. Unit Sales decreased slightly by 2.5% year to date compared to last year but overall a busy month. Prices remain balanced month over month and up year to date an incredible 28.9%. Average Days on Market is 25 and months of supply moved from 1.4 to 1.8 (how many months it would take to sell all active listings at end of June). All indicators represent a gradual move from the Strong Sellers’ market we experienced in the first quarter to a more Balanced / Sellers’ market.
The region is still very attractive and affordable with detached homes @ $425,596, Attached homes @ $341,122, for an overall average sale price year to date @ $408,239.”
Urban Planet Triples their Canada One Store in Niagara Falls
Urban Planet moved into their expanded retail store (17,000 sq. ft.) this summer in Primaris’s Canada One Brand Name Outlets, located at 7500 Lundy’s Lane. Unique in size and concept, Urban Planet is one of the fastest growing fashion brands in Canada. They focus on the latest fashion, footwear & accessory trends for both young women and men. A section of the store is dedicated to children, under Urban Kids brand.
Canada One location provides shoppers with ~40 stores to explore for a variety of shopper’s needs. Johnny Rocco’s Italian Street Food opened as well this summer in the mall. Other recent store openings include the Bombay, Wicker Emporium, Labels. Joining the anchor established tenants, Coach, Carters/OshKosh, La Vie en Rose, Laura’s, Suzy Shier, West 49, Tootsies, Tommy Hilfiger, Nike, Adidas, Stance and many more brands. There is ample parking available for both cars and buses and a free Wi-Fi area.
