The City of Regina announced that PCL Construction Management has been selected as the preferred proponent to design, build and partially finance the Regina football stadium P3 project.

The company beat out from competition Bouygues Construction Graham Community Partners and Clark Builders-Turner Construction which were chosen to move into the Request For Proposals (RFP) phase in 9 May 2013.

The consortium lead by PCL Construction Management includes:

• PCL Construction Management (Construction and Finance Team Lead)
• HKS | Sports & Entertainment (Lead Design Engineer and Sports Architect)
• B+H Architects (Architect of Record)
• TD Securities (Financial Advisor)

Brent Sjoberg, Deputy City Manager & COO, stated:

We are extremely pleased to be moving to the next stage of the procurement process with PCL Construction Management Inc. They are a world class team with a dynamic proposal to deliver the facility our community deserves on budget and ready in 2017. We look forward to releasing the design details that everyone is anxious to see once financial close is complete.

Sean Hamelin, District Manager of PCL Construction Management, stated:

To be chosen as the Preferred Proponent for the Regina Revitalization Initiative Stadium Project brings great pride to our organization, which has roots in Saskatchewan going back to 1906. We are excited to bring our team's expertise to the City of Regina, Province of Saskatchewan, Evraz Place, and the Saskatchewan Roughriders Football Club, and are looking forward to this opportunity.

Financial close and finalizing the project agreement is scheduled to be completed by May this year. Once finalized the PCL Construction Management's team will design, build and provide interim financing for the Stadium Project, beginning in the 2014 construction season. The project cost is estimated at CAD$278 million.