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Old Posted Nov 24, 2019, 2:46 PM
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LittleBoy LittleBoy is offline
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Join Date: Feb 2019
Location: Regina
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Quote:
Originally Posted by StealthGirl View Post
There's a real opportunity on Broad Street from the closed LB north to where the old Traveler's Building was. There's a smoke shop and another small business in there, but I thought that building was up for sale. That's a good stretch of land. Could do something there, but of course, rumour is all the developers and builders are sitting on their hands waiting on the railyards so none want to commit to anything big elsewhere.
I wouldn't hold your breath. There are easily half a dozen perfect redevelopment spots downtown, at least a dozen in transition, endless opportunities in the Warehouse and Heritage areas and of course the entirety of the Railyards. I keep hearing that developers are waiting for the Railyards, but the truth is that Regina is just development hell. Even expecting a huge surge of development on the North side of the tracks, developers have had endless opportunities to build centrally for dirt cheap, and we really haven't seen anything go up since Centre Square and Gardens on Rose already a few years back. Even with developers not wanting to tie up capital, they easily had half a decade between the last central developments and the railyards. Unless there is a massive demand in the market that statistics aren't capturing, there really just isn't incentive for mass scale development in urban Regina.
     
     
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