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THUNDER BAY — Fort William First Nation and Biigtigong Nishnaabeg – formerly Pic River First Nation – have unveiled an ambitious redevelopment plan for a prominent but surplus federal government office building in Thunder Bay.
The two communities created a not-for-profit corporation called Giwaa On Court to acquire the property. "I see a great opportunity for Indigenous peoples to stake a claim in the Northwestern Ontario housing market...It only seemed natural to bring the two First Nations together to kind of corner those housing opportunities, housing needs and commercial space."
Basil Goodchild, general manager of Pic River Development Corporation, said the initial concept centred mainly on providing safe and affordable housing to members of the First Nations living off-reserve. "Outside that, this group has positioned itself with between five and nine per cent of the overall value as our own equity contribution. We are still short...we have an equity gap of about $1.7 million," he said, adding that he intends to reach out to the province for a contribution.
As part of the agreement with CMHC, the building's energy footprint must be reduced by 50 per cent by the time renovations are complete.
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