Text Size: A A
Invest Sault Ste. Marie
SSMEDC secures $5M to facilitate a major destination attraction
Posted: Mar 22, 2019

The Sault Ste. Marie Economic Development Corporation, in partnership with SIS Group, secured $5 million in funding to establish a major destination attraction on the former St. Marys Paper site. The investment is coming from the province's Northern Ontario Heritage Fund.

With a total project cost of $10 million, the Paper Mill District initiative is set to include a number of components, including a new station for the Agawa Canyon Tour Train, microbrewery and pub, fountain and outdoor skating pavilion, exhibition area, and retail outlets.

"This development project is designed to create jobs and attract visitors to our community while also providing quality-of-life benefits to area residents," said Dan Hollingsworth, Executive Director of the Sault Ste. Marie Economic Development Corporation. "We're thrilled to have secured an investment from the Northern Ontario Heritage Fund, and we look forward to working with the owner of the property on rolling out this development initiative."

The former St. Marys Paper site is owned by SIS Group. This local company will be contributing 50% of the $10-million project cost. Construction on the initiative, which is staged over a three-year period, is set to begin by the summer of 2019.

"This project came together thanks to a solid partnership between the Sault Ste. Marie Economic Development Corporation, SIS Group, the Province of Ontario and a number of other organizations," said Hollingsworth. "Teamwork is usually a recipe for success, and we certainly have a great team assembled for the Paper Mill District initiative."

For more information on this project, read the press release from the Province of Ontario at: https://news.ontario.ca/mndmf/en/2019/03/ontario-supporting-tourism-and-job-creation-in-sault-ste-marie.html.

PHOTO: At the March 22 funding announcement are (L to R) said Dan Hollingsworth from the Sault Ste. Marie Economic Development Corporation, MPP Ross Romano, and SIS Group President Tony Porco.

Return to News Home

View All News