Gold prices put the shine on Timmins growth: construction, economic development projects full steam ahead.

• Author: Stewart, Nick
• Position: TIMMINS

The financial fires continue to burn brightly in Timmins with the promise of millions in investment and ongoing growth.

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With hundreds of jobs created through Lake Shore Gold and Apollo Gold's underground and open pit mines, and the numerous junior exploration firms scattered through the region, local optimism is running high.

Despite failing to land a diamond processing facility which eventually went to Sudbury, officials also remain confident in the ongoing impact of the De Beers Victor Mine, located 500 kilometres of the city.

"Overall, we're holding our own," says mayor Tom Laughren.

"There are worries and challenges, like there are with any municipality, but we have a real good business base and that definitely helps. We're seeing some solid numbers and for that we're pretty thankful."

As a visible sign of this fiscal confidence, construction crews can be seen working throughout the city on numerous projects sparked in part by the ongoing strength of gold, Timmins' flagship mineral.

Among these projects is the recently announced $10-million addition of a dialysis unit to the Timmins District Hospital, as well as the new 4,000-square-foot women's shelter, "Centre passerelle pour femmes," worth $1.5 million.

Steel girders are already going up for the new four-story Cochrane District Social Services Administration Board building facility on Algonquin Boulevard, with a project value of $6.7 million.

A new $1-million, 4,000-square-foot dental office is in the works for Riverside Drive, while nearby, the LCBO store is seeking a $300,000, 7,000-square-foot expansion.

Construction activity can be seen at the Walmart site, where work is well underway on the $7-million addition of a 38,000-square-foot grocery outlet.

On the tip of most city officials' tongues, however, are plans by Ontario Power Generation to pursue $300 million worth of work on Upper Mattagami River dams, all within 50 kilometres of the city.

This work is expected to produce $80 million in local spin-offs.

Also piquing local hopes is the $10.8-million renovation of the St. Mary's Manor downtown. The former hospital will be converted into a senior's residence by Autumnwood Mature Lifestyle Communities Inc., a division of Sudbury-based Dalron Construction.

Such developments are moving the city towards the status of an increasingly important hub in northeastern Ontario, says Laughren.

Already, Timmins is a central link between the municipalities and First...