St. Stephen project inspired by old basketball court gets $3M donation: news

St. Stephen Basketball Experience Centre Secures $3M Donation to Revitalize Historic Court

A landmark heritage sports initiative in St. Stephen, New Brunswick, has taken a major step forward following a transformative $3 million contribution. The donation, gifted by former town resident and forest-industry business leader Bruce Buchanan, provides critical funding to complete the private fundraising phase for the planned Canada First Basketball Experience Centre.

The facility is being developed adjacent to what is recognized as the world’s oldest known basketball court, situated in an 1893 former YMCA brick building in downtown St. Stephen.

Key Highlights of the St. Stephen Basketball Project

• Substantial Funding Milestone: The $3 million gift fulfills the private donor target required for the project, adding to earlier private pledges and government commitments.

  CBC

• Project Budget & Architecture: Designed by CambridgeSeven, the multi-million-dollar sports heritage destination will showcase the history of basketball, preserve local sports legacy, and feature interactive exhibits.

  CHCO TV

• National Basketball Hub: Endorsed by Canada Basketball, the venue is designated as an anchor destination for the Canadian Basketball Hall of Fame alongside major metropolitan locations.

  The World’s Oldest Basketball Court

• Community Economic Impact: Project organizers project that the new heritage and sports museum will drive year-round tourism, draw visitors from across North America, and support long-term economic development throughout Charlotte County.