News Titanic Experience project proposed for Port of Halifax

[Jason D. Tiller]

A business development firm has identified a potential site at the Port of Halifax in Nova Scotia for a proposed Titanic Experience replica ship, restaurant and aquarium.

Titanic experience project proposed for Port of Halifax | SaltWire

HALIFAX, N.S. — A business development firm has identified a potential site at the Port of Halifax in Nova Scotia for a proposed Titanic experience replica ...

www.saltwire.com

Note: The image included in this article is from a project that I am involved with and how it may look. The people behind this project are using it as their own without, permission or attribution.

 

[Jason D. Tiller]

Nova Scotia could become home to replica Titanic

If you're a history buff you might just get your chance to step onto the Titanic. A business development firm is proposing a $300 million project to b...

www.1015thehawk.com

 

[Jason D. Tiller]

Firm to propose $300M Titanic Experience development near Halifax waterfront | Globalnews.ca

With an expected cost of $300 million, the proposed development could include a replica of the Titanic, virtual reality rooms, a hologram cinema and overnight cabins.

globalnews.ca

 

[Jason D. Tiller]

Halifax has long held an historic connection to one of the greatest marine disasters following the sinking of RMS Titanic in 1912. Not only did the Mayflower Curling Club act as a temporary morgue, the city is also the final resting place for many of the passengers. Parts of James Cameron's 1997 film about the disaster were shot in Halifax, including the Fairview Lawn Cemetery.

Now, 110 years later, a Halifax-based business development group is proposing something being described as a Titanic Experience replica ship, restaurant and aquarium. Clark Squires says he had posted about it on his LinkedIn page when it gained traction and launched a flurry of media requests. He discusses the beginnings of the $300-million project, how they plan to pay for it and how to address the sensitivities around "disaster tourism."

THINKING OUT LOUD WITH SHELDON MacLEOD: A Titanic project for Halifax | SaltWire

Halifax has long held an historic connection to one of the greatest marine disasters following the sinking of RMS Titanic in 1912. Not only did the ...

www.saltwire.com

 

[Arun Vajpey]

The image included in this article is from a project that I am involved with and how it may look. The people behind this project are using it as their own without, permission or attribution.

That is very unacceptable IMO. Should you not take some action against this rights breach?

 

[Jason D. Tiller]

That is very unacceptable IMO. Should you not take some action against this rights breach?

It has been dealt with. That's all I will say.

 

[Steven Christian]

I listened to the podcast. I wouldn't invest in it.

 

[Jason D. Tiller]

I listened to the podcast. I wouldn't invest in it.

As did I and I'm not sure, if it would work or is even needed. Mainly due to the fact that there is already the Maritime Museum of the Atlantic which has been in Halifax since 1948 and on the waterfront, for the last 40 years. It is Canada's oldest and largest Maritime Museum which has a terrific exhibition, on the Titanic. I noted that the Museum wasn't even mentioned. Methinks they will (if it gets approved) just be competing against each other, for tourism revenue.

 

[Steven Christian]

The numbers sound off to me. I don't see it making enough money to make it sustainable over the long run. Besides how many projects would this make for building a copy of Titanic? I haven't heard of any of the others even being finished. Just pitches for more money. Cheers.

 

[Arun Vajpey]

Besides how many projects would this make for building a copy of Titanic? I haven't heard of any of the others even being finished.

Including certain over-ambitious computer games!

 

[Jason D. Tiller]

Besides how many projects would this make for building a copy of Titanic?

Well over ten projects. So far, the only ones that have been completed are in Branson, Missouri and Pigeon Forde, Tennessee.

 

[Keith Baxter]

... Besides how many projects would this make for building a copy of Titanic? I haven't heard of any of the others even being finished. Just pitches for more money...

Before deciding if any proposal for an entertainment, sports, or museum type of project is worth any of their attention, the people writing (or reading) articles like the one linked in the first post should immediately ask if those behind the proposal have the money to build it. If they don't, or they're saying something like it will be financed by investors "we haven’t yet attracted to the business", it's almost certainly just renderings that will get a few people excited about a fantasy that will never become reality. Just in my region in recent years I've lost count of the number of proposals for large arenas, stadiums, super-speedways, and entertainment venues that were nothing but hot air and some nice looking artwork.

 

[Jason D. Tiller]

Before deciding if any proposal for an entertainment, sports, or museum type of project is worth any of their attention, the people writing (or reading) articles like the one linked in the first post should immediately ask if those behind the proposal have the money to build it. If they don't, or they're saying something like it will be financed by investors "we haven’t yet attracted to the business", it's almost certainly just renderings that will get a few people excited about a fantasy that will never become reality.

While that may be true, the financial market also dictates a lot of it as well. A project of this scale requires a certain number of investors who have a lot of money. However Covid-19 has caused a detrimental effect on the global economy which in turn, forced a change in the nature of commercial real estate. Investors are not confident right now to invest in any project, as the market is unstable. So until it improves, proposals such as this will never get off the ground.