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Major retail/commercial development proposed for Canada Olympic Park

Posted by Arshad Rashed on Tuesday, February 22nd, 2011 at 2:01pm.

WinSport Canada is planning a huge retail/commercial development at Canada Olympic Park that would include a grocery store, retail stores, restaurants and two hotels, the Herald has learned.

The proposed development, subject to city approval, would be about 400,000 square feet. Retail stores would be geared to promoting healthy, active lifestyles and the hotels would accommodate 300 rooms – one family-based and a larger one with a spa and conference centre.

The proposal is currently before the City of Calgary. It includes the sale of about 22 hectares of land to a developer. The proposal is geared to complement current use at Canada Olympic Park, raise capital for the facility and create an ongoing cash flow. Dan O’Neill, president and chief executive of WinSport, said “we’re on a very clear mission to become unique to the world.” “We want to have a national sports institute here,” he said. “And that includes a high school. We want to be able to service all the winter sports.

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