The City of Prince Rupert says it has marked a major milestone in the development of a propane export terminal on Watson Island.
Mayor Lee Brain says Pembina, as part of its agreement with Prince Rupert Legacy Incorporated, will now be able to forge ahead with above-ground construction on the $250 million dollar project.
“Tackling Watson Island was a challenge, and the fact that it is now being developed again is in no small-part to the hard work of City staff,” said Mayor Lee Brain in a news release. “We can now look forward to seeing the site come to life with business – which will generate both tax and lease revenues to support City services and infrastructure improvements.”
The City expects to see over $75 million in revenues, including lease payments and property taxes, over the course of the long-term commercial arrangement.
Work to remediate and redevelop the site of the former Skeena Cellulose pulp mill hasn’t gone unnoticed.
The North Central Local Government Association recently recognized the City of Prince Rupert for excellence in economic development for its move to dismantle the mill and attract a new tenant.
“We have been welcomed by the local community and received strong support from the local government. Subject to receiving the necessary regulatory and environmental approvals, Pembina looks forward to advancing the propane export facility project and contributing to the local economy,” said Jaret Sprott, Pembina’s Senior Vice President and Chief Operating Officer, Facilities.
The liquefied propane export terminal is expected to create 150-200 construction jobs and 20-30 new, permanent operations positions