Smiths Falls, Canopy Growth’s Linton to work together to redevelop old water treatment plant

March 30, 2018 by

2014-06-21 13.08.15Smiths Falls town staff have been given the green light to start negotiation with Bruce Linton, CEO of Canopy Growth over the redevelopment of the former Water Treatment plant owned by the town.

This is a sensitive and high profile town property because of its nature and location, heritage, downtown waterfront and bordering Parks Canada lands.

Back in September last year, the town issued a request for proposals to private sector developers with experience in re-purposing waterfront, heritage buildings.

Thirteen packages were picked up by potential investors, but only two submissions came back by the extended deadline, that closed in January of this year.

Both fell short on a couple of the requirements, but both exhibited a strong vision for the redevelopment to warrant scoring. Linton’s proposal scored a little higher and envisages a hotel, restaurant and event venue.

Now staff will start working with Linton to refine the scope, responsibilities, contract and final price for the property, and will bring in an expert in real property transactions involving several stakeholders to help guide the process.