On May 27/20, the Province announced an investment of up to $230M to improve infrastructure and help get the economy moving again. The funding will support more than 200 shovel ready projects, creating up to 2000 jobs. Read more here.
A number of these stimulus projects, through an investment of approximately $38M, will be led by Develop Nova Scotia with a focus on key waterfront infrastructure and places supporting thriving communities authentic tourism destinations and working waterfronts.
This is an investment in people and place, showcasing the importance of sector growth, supporting multiple business sectors, and strengthening communities.
In our work to support community and to attract people to Nova Scotia, it isn’t just about what we build, but how. These projects build on substantial planning with community to date and they will create a platform for community to co-create new places for people to gather and for business to flourish.
We can be progressive with practical projects that communities will benefit from and will support the recovery and growth of our economy. We look forward to continuing to work closely with our partners and community members to maintain momentum as we look ahead.
Here is an update on one of the projects that will take place.
Marine Infrastructure Project at Centre for Ocean Ventures & Entrepreneurship (COVE)
COVE is home to local and global ocean technology businesses, post-secondary institutions, researchers, and marine-based and service businesses that support the ocean sector. The COVE site features extensive marine facilities with two large, deep-water piers, office space, an incubator and space for shops and labs.
This project will see a full recapitalization of the south marine terminal at COVE to support growing demand in the marine sector, evidenced by the demand at the north marine terminal.
Work includes repairing the existing marine terminal, including the marginal wharf and finger pier and also enhance the small boat facility. All new infrastructure is expected to be designed and constructed to enhance accessibility and adapt to climate change projections.
This project supports strategic growth across a number of marine sectors and COVE as an ocean technology innovation hub with a growing global reputation and more than 50 companies.
Read about the Halifax waterfront project
Read about the Zwicker Warehouse project on the Lunenburg waterfront