Lake Placid Developments CEO Michael Lobsinger appeared before Saskatoon City Council last night and made an appeal seeking resurrection of a deal his company had made with the city to purchase “Parcel Y” in Saskatoon’s Central Business District. Lake Placid had plans to build River Landing Village, an upscale hotel and condominium development. That deal [...]
The opportunity to take advantage of Canada’s Home Renovation Tax Credit expires at midnight on January 31. Obviously, the clock has run out when it comes to hiring a contractor but a quick trip to your favorite home renovation store might be in order if home improvements are part of your plan over the next [...]
E.D. Feehan High School will undergo a major renovation through 2010 and 2011 with a more suitable environment for career training being the primary objective.
Planned renovations include a day care facility, a space switch between the cafeteria and the library, a reworking of the administration and student services area, a community room, an upgraded visual [...]
Media Release
Release: Immediate
Date: Friday October 30, 2009
Contact: Mike Lobsinger, Chief Executive Officer Lake Placid Group of Companies
(Saskatoon, SK, Canada): Michael E. Lobsinger, Chief Executive Officer of the Lake Placid Group of Companies, announced today that Lake Placid is in a situation where delays have arisen around the deadline with the City of Saskatoon. For this, [...]
Renovations are already underway on the main level of the 2nd Avenue Lofts in downtown Saskatoon. According to a media release issued by The Partnership yesterday, the retail space located at the corner of 2nd Avenue North and 23rd Street East will be home to the Uptown Market, a full service independent grocery store which [...]
Statistics Canada’s new housing price index for August 2009 shows modest increases of just 0.1% from July to August in Saskatoon, and across the nation. On a year-over-year basis, the price of a new home in Canada fell 3.1% in August when compared to the same month last year. The decrease in the cost to [...]
I’ve visited the Caswell Hill area on several occasions over the past month. I have to say that I’m impressed with the renewal that is happening in what is arguably one of Saskatoon’s most beautiful and charming residential subdivisions. Sure, the area has its challenges and some of the homes have been neglected over time [...]
Saskatoon city council, in a special emergency meeting today, granted a final extension to Lake Placid Developments to cough up the $4.55 million for land the developer purchased at River Landing by October 30 2009. The extension is conditional upon the developer paying interest to the City of Saskatoon in the amount of $214,197 by [...]
According to a story in today’s Star Phoenix, Lake Placid Developments is seeking a one-year extension on the current deadline to complete the excavation of the building site for its proposed $200 million River Landing development.
In a letter to the city, the developer requested an extension to June 30, 2010. City manager, Murray Totland will [...]
The Canada Mortgage and Housing Corporation (CMHC) released their Spring Housing Market Outlook for the Saskatoon CMA today. Here’s the gist of it.
After the strongest two-year performance since the late 1970’s, Saskatoon single-detached housing starts will decline to 600 units in 2009 and bounce back to 725 units in 2010. The 2009 singles forecast represents [...]
I received this email today stating that the title issues we previously heard about that were holding Lake Placid back on the River Landing Village project have been resolved and that construction will begin “as soon as changes are complete.”
Dear Norm,
“The legislation needed to move forward with two of the biggest private developments in the [...]
