Chemainus Town Centre Waterwheel Square

District of North Cowichan

Sources of Funding
ICET:$200,000
District of North Cowichan:$696,648
Total Budget: $896,638
Quick Facts: 

The Chemainus Valley Historical Society recorded an 84% increase in the number of visitors to the Chemainus Valley Museaum in the two months following the completion of the revitalization project.

Chemainus was introduced as the world’s largest outdoor gallery in the 1980’s with its celebrated mural project. Since that time, the town centre has aged and needed revitalization in order encourage new investment and development. The project proposed the creation of a town square by repurposing Waterwheel Square and the existing parking lot. The new Chemainus Town Square will link the park with the commercial sector of the municipality and provide a pedestrian friendly space adjacent to the newly redeveloped library and visitor centre. In keeping with the Main Street Four Point Approach® to redevelopment, the municipality has integrated a revitalization tax exemption program to stimulate further private investment and maximize the potential economic spin-offs in the short term.

The project redeveloped a 15,000 to 20,000 square foot section of the parking lot into a public square. The new design features attractive paving stones and native landscaping and creates an inviting environment connecting the multi-use areas of the park to mature forested areas. Updated, enhanced street furniture, lighting and other pedestrian amenities create a safe and inviting space for people to gather.

Completed in July 2015, the new Chemainus town square has become the heart of the community and provides an energetic, multi-functional, pedestrian-friendly space. The square is also used to host the public market, arts and cultural festivals, music in the park and community events. The increased tourism and economic activity generated by the revitalization and tax exemption program is expected to create significant economic benefits and employment for the broader Cowichan and Nanaimo region for years to come.

 

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

3,650
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$236
million leveraged into the region

ICET By The Numbers

$50.5
million disbursed

ICET By The Numbers

$52.1
million committed

ICET By The Numbers

212
economic development projects

ICET By The Numbers

170
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2018-19 Annual Report

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