vut Building (the anchor of downtown Iqa-
luit), which serves as the Iqaluit office for
Nunavut Tunngavik Inc. and the Qikiqtani
Inuit Association, Member of Parliament
Hunter Tootoo, as well as the home of the
RBC Bank.
“We built a 5,000-square-foot office facili-
ty, which was the first of its kind in Iqaluit,”
Flaherty says. “From there we have been
growing gradually in the market where we
have a number of large office buildings
and warehouses that we lease to the fed-
eral government and other business with-
in Iqaluit.”
Because of the very limited available prop-
erty in downtown core of Iqaluit, QC is in a
very advantageous position as one of the
only companies with undeveloped land
in the area, ripe for further development.
QBDC is working to advance the first pri-
vate municipal land development initiative
in Nunavut, on behalf of the Qikiqtani Inuit
Association, which consist of a parcel of
Inuit Owned Land (IOL) located in the fu-
ture core area of Iqaluit.
While the IOL development is in itself a
unique initiative within Nunavut, has been
collaborating with the City of Iqaluit to cre-
ate a complimentary municipal subdivi-
sion adjacent to the IOL parcel. Commonly
known as the Federal Road development
area, once completed the IOL will host a
combination of facilities that will provide
Inuit with enhanced economic opportuni-
ties and [promote essential program de-
livery for both Inuit and the broader com-
munity. The municipal subdivision being
12 business elite canada
H
DECEMBER 2017
