Quote:
Originally Posted by roryn1
It’s nearing the ten year anniversary of North Prairie purchasing this lot and waiting for “market conditions” to improve to develop it, or do any single thing to it.
Does anyone want to do a reputation blitz about it? It seriously damaged downtown when rich developers like this let lots sit vacant. I wonder what other cities have done - can the city take the lot from them after ten years of non development?
The remai’s are also bad for this downtown as parking lots. The guy that owned that dilapidated building next to the Lighthouse, and many more rich folk sitting on undeveloped, unused lots. My condo was at capacity and none for sale when I left Saskatoon a few months ago and market conditions have only but approved - we sold to immigrants that paid cash. There is definitely demand for more condos downtown… but how do we get new developers to town when the ultra rich property developers of saskatoon are hoarding lots?
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The vacant bank building is a disgrace. Saskatoon's downtown has very few "complete" intersections, with (occupied!) buildings on all four corners, and this abandoned bank shows you the speed of progress here --- it's been empty for what, nine years?