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Posts Tagged ‘construction’

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Willowgrove’s new catholic school to be named Holy Family

Holy Family Catholic School will be the name of the Greater Saskatoon Catholic Schools’ newest school to be built in Willowgrove. The name was chosen by the Board of Education at its June 21 meeting.
“Holy Family is a name that will resonate with the children and families who will come to this school. This was [...]

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River Landing saga to continue with Lake Placid as the buyer

In a 9-2 vote last night, city council agreed to sell Parcel Y in Saskatoon’s Central Business District to Lake Placid for development of their proposed River Landing Village.
According to a story on the Star Phoenix website, “An agreement is now in place to develop the city’s most coveted piece of riverfront land with a [...]

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Saskatoon Health Region chooses RUH as site for children’s hospital

The Saskatoon Heath Region has selected the Royal University Hospital (RUH) to house the new Children’s Hospital of Saskatchewan following the recommendation of a site validation committee appointed to review four location options.
The committee explains the rationale that led to a unanimous recommendation in a YouTube video here.
The Royal University Hospital is located on the [...]

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Low vacancy rates driving expansion of Saskatoon office space inventory

A Class-A office vacancy rate of less than 1 percent is driving developers to continue expanding the inventory in downtown Saskatoon.
Discovery Plaza is Saskatoon’s latest Class-A project. Completed in 2009 it brought more than 50,000 square feet to the market, all of which was quickly scooped up by BHP Billiton.
The redevelopment of the Capitol [...]

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25th Street extension to move forward

A plan to extend 25th Street from 1st Avenue North to Idylwyld Drive will move forward despite a doubling of costs since plans for the project were first approved by city council a year ago. On Monday, council approved a $17 million dollar budget paving the way for work to begin. Utility work will start [...]

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Lake Placid back in the River Landing game

Following what Mayor Don Atchison described as “the most due diligence that the city has done on any land sale,” an agreement was struck with Lake Placid Developments to purchase “Parcel Y” at River Landing in Saskatoon’s Central Business District for a price of $5,240,494 yesterday.
Star Phoenix writer David Hutton is reporting that “City council, [...]

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Strong year-over-year rebound for Saskatoon housing starts

Saskatoon home builders were busy starting 177 homes during the month of April, a significant rebound from 2009’s miserably low number of just 25 homes according to a report released by Canada Mortgage and Housing Corporation (CMHC) today.
So far this year, 542 homes have been started in the Saskatoon census metropolitan area, up from 114 [...]

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Ken Achs challenges Saskatoon to get to work on north downtown

In an April 23rd letter to Mayor Don Atchison and city council, local developer Ken Achs calls for the city to “step on the gas” in making improvements in north downtown Saskatoon.
Taking a number of thinly veiled shots at the city for their focus on south downtown, not to mention their accommodation of delays that [...]

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Saskatoon whitewater park looks good on the surface

A $65-million dollar concept plan for a combined whitewater park and hydroelectric facility goes to council on Monday night following the completion of a feasibility study that says the project is viable and that it could pay for itself in as little as 12 years. Depending on the height of the weir following completion, the [...]

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City council favours Lake Placid negotiation on Parcel Y

In a 10-1 vote last night, Saskatoon city council voted in favour of re-opening negotiations with Lake Placid Developments for the purchase of “Parcel Y” at River Landing in the Central Business District.
There are two major questions that still need to be answered.
1. Does Lake Placid have sufficient financing to complete the project?
City administrators will [...]

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Value of Parcel Y in Saskatoon doubles since 2006

According to recent appraisals of the land known as “Parcel Y” today’s current market value is somewhere between $10.4 million and $11.6 million, well over twice its value in 2006 when it was purchased by Lake Placid Developments for $4.8 million. That deal fell apart when Lake Placid failed to pay the purchase price when [...]

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