As lot sales in Saskatoon’s Hampton Village wrap up, the city of Saskatoon is pushing forward plans to get its newest neighbourhood, Kensington, underway ahead of schedule. We’re told that we can expect to see an initial residential lot draw in the fall, with construction beginning soon after. Bounded by Highway 14 on the south, [...]
The government’s plan to reduce corporate income tax on profits generated through the development of new rental properties are being met with praise from the real estate industry. The 2012-13 provincial budget will provide a ten percent tax break to builders who construct multi-family projects of eight or more units over the next ten years. [...]
About 150 Montgomery area residents showed up at Monday’s city council meeting for one final kick at the cat, an attempt to stop North Ridge Developments from building multi-family dwellings on a 29-acre parcel of land that they own on 11th Street West. That effort failed. Citing concerns for safety and uncertainty about the impact [...]
The site of the 100 year old Bethany Manor has been cleared of the old building and will soon be home to a new City Park condominium project. The home was destroyed last weekend to make way for the new development. Local developer, Tim Ryan had offered to give the house to anyone who was prepared [...]
Last week, Montgomery Place residents scored a bit of a win when the City of Saskatoon announced that a proposed wind turbine at the nearby landfill would not go ahead as planned. This week, they weren’t so lucky as city administrators prepared a report for council that states a proposed multi-family development on land just North [...]
In 2011, Saskatoon and Regina both saw housing starts increase to levels not seen since the early 1980′s, according to a senior market analyst for the Canadian Mortgage and Housing Corporation (CMHC). Builders in Saskatoon started construction on 1,608 single-family homes and 1,386 multi-family dwellings for a total of 2,994 homes, up from 2,381 last [...]
A story in this morning’s Star Phoenix says that the wind turbine that had been previously approved by Saskatoon city council for construction has been scrapped.Only one bid was received to build the controversial 120-metre turbine, and that bid was $1.35 million more than the budget allotted for the project. Vocal residents of Montgomery Place argued [...]
Residents of Saskatoon’s Montgomery Place area are rattled at the thought of apartment buildings in their area, one of the few neighbourhoods in the city that is comprised entirely of single-family dwellings.North Ridge Developments, which owns an 18 acre parcel on 11th Street East is seeking approval to build three four-storey rental apartments with a [...]
The design for the Remai Art Gallery of Saskatchewan has been selected as one of eight 2011 Award of Excellence recipients by Canadian Architect magazine and is featured on the cover of this month’s issue. According to the story in the Star Phoenix, the $84 million gallery was selected from “163 submissions judged by a [...]
Saskatoon’s future is bright, according to a report presented to city council on Monday night. The 215-page report, prepared by MXD Developments Strategists of Vancouver projects that Saskatoon’s population would hit 325,000 by 2028. By then, the city will require six new hotels, a thirty percent expansion in retail space from 10 million square feet [...]
Zoning changes proposed by Victory Majors Investments that make River Landing Village “economical” were approved by Saskatoon city council at their November 22nd meeting. The Meewasin Valley Authority (MVA) followed with their approval on Friday, paving the way for a potential spring of 2012 ground breaking. Victory Major Investments took over the project from Lake [...]
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