Frew Development Group has been hired to oversee planning, design and construction of the Eastern Oregon Trade and Event Center in Hermiston.
The selection of the Denver-based company as the projects manager was announced and approved Friday morning during the authoritys board meeting.
As part of the arrangement, the companys senior project manager Gary Winsand will move to Hermiston in the next month to personally oversee the project through completion. The event center is scheduled to be completed in the summer of 2016 in time to host the county fair and Farm-City Pro Rodeo in August.
This is an exciting project in a city with great energy and people that I look forward to working with, Winsand said in a news release.
The EOTEC authority has set the projects base budget at $15 million.
According to the contract drawn up by both parties, Frew Development Group will be paid $600,000 for services related to the base budget and an additional $25,000 for each million dollars in excess of the base budget.
In return, the real estate development company will be responsible for establishing a development plan, securing professional contracts, developing the budget, completing construction of the project, negotiating warranties on behalf of the EOTEC authority, maintaining accurate records and accounts and making sure the project complies with its obligations to its funding agencies.
EOTEC board chair Chet Prior called the hiring of a project manager an important step forward after years of planning and preparation.