November 2013
| Business World Magazine | 77
arena equates to a $22 million investment
in Paradise, with 70% of those costs pro-
vided by Provincial authorities. Cumby
notes Paradise successfully secured an-
other $3 million which it is using to rede-
velop a site near the arena where an old
steel mill was once located. He says the
site is being redeveloped to create a new
park with trails and gazebos which will
complement an existing recreation cen-
ter. The city has saved costs by partnering
with developers in a design/build team ap-
proach which Cumby says has resulted in
everyone working together to find ways to
save money without compromising on the
quality envisioned for the development.
Cumby sees this development as the real-
ization of a major goal, saying “Residents
have lobbied for a new arena for years ...
they want recreational opportunities for
their children and for themselves, so this
is a significant advancement for us.” He
adds that the facility is anticipated to be
completed by next summer, in time for a
new hockey season.
Whether coincidental or intentional,
