PCL Construction has announced commercial and financial close on the Regina football stadium P3 project agreement with the City of Regina in Canada.

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) and TD Securities (Financial Advisor)

The Regina football stadium P3 project includes the design, construction and financing of the facility. The project cost is estimated at CAD$278 million. The project was awarded in March this year.

The construction will begin in June 2014, with substantial completion scheduled for August 2016.  The new stadium is expected to be operational in June 2017.

Sean Hamelin, district manager of PCL Construction Management, stated:

This project has captured the imagination of our team, and we are delighted to share the design with the community and make this project a reality. The opportunity to build this stadium as part of the Regina Revitalization Initiative and to create this community asset and home of the Saskatchewan Roughriders in our own back yard is incredible.

Michael Fougere, the city of Regina mayor, stated:

This is a very exciting time for our community and marks a significant milestone for the Regina Revitalization Initiative. We are absolutely thrilled with the design of our new stadium. It's an iconic gathering place for our community and is just the start of a revitalization effort that will influence and shape our city for generations to come.

The new facility will be named Mosaic Stadium and will have a standard seating capacity of 33,000, expandable to 40,000. The stadium design includes a translucent spectator roof and an open south end zone, connecting the stadium to the community.

The stadium also has the built-in flexibility to host different events at various scales and capacities throughout the year. Design features resulting in an enhanced spectator experience include 68 percent of seats located in a sunken lower bowl, unobstructed views of the field from each seat. A unique stadium feature will be a general admission lounge, located on the west side of the facility and accessible to all fans.