Last summer, it was reported that the Nepean National Equestrian Park may be shut down after it was revealed that the city-run facility was failing financially and no longer considered a core recreational service.

Following this announcement, the National Capital Commission (NCC) sought interest from the public and private sectors, hoping a group would lease the property. The NCC received four proposals and has made their choice.

The Wesley Clover Foundation, a non-profit foundation planning a “world-class equestrian event facility” along with riding trails, a preschool and an outdoor sports and recreation centre has won the right to lease the former Nepean National Equestrian Park — and it might spend as much as $30 million to bring its vision to life.

The foundation, associated with technology tycoon Terry Matthews, last year offered an unsolicited proposal for a “Greenbelt Stables” operation, with stables, an outdoor learning and recreation centre, and trail networks extending into the adjacent Ottawa Municipal Campground.

The proposal sought a 25-year lease with extension options, and the foundation anticipated spending $20 million to $30 million on elaborate new stables and a show ring, outdoor classrooms, upgraded trails and therapeutic-riding programs, playing fields and gardens.

The plans also included an equestrian school linked to Olympian Ian Millar as well as a new winter habitat for Ottawa’s Royal Swans, something the foundation would have to work out with the city.

Some “tweaks” were made to the proposal before it was submitted to the NCC in the formal request process, said foundation vice-president Simon Gwatkin, but it remains largely intact. Details will be made public over time, he said.

The sides are working out a lease and getting necessary permits and approvals in place, according to the NCC. It is hoped the facility will open in 2014.

~ with files from the Ottawa Citizen. Read their original article here. And learn more in CBC News’ report here.