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Originally Posted by Echoes
This is located in the northeastern part of downtown, near an existing cluster of residential towers and with great river views and access. The property is an entire block length and was home to the offices and printing plant of our now beleaguered daily newspaper.
The south tower, which will be the tallest, will be in the south parking lot of the property: https://www.google.ca/maps/@52.1295761,-..._ep=EgoyMDI2MDUxMC4wIKXMDSoASAFQAw%3D%3D
The existing building will be renovated and expanded for offices and a hoped-for grocery store, and the shorter north tower will occupy a parking lot on the north end of the block.
It's an ambitious plan being led by a local booster who has a growing portfolio of key downtown properties and is very bullish on Saskatoon's prospects. I doubt he has the capital to pull this off on his own as he has with some smaller projects. He'll need a partner and some stars aligning.
Saskatoon takes its name from the Cree word misâskwatômina (or Mis-sask-quah-too-mina), which refers to a berry that grows locally. |
Thanks for info Echoes. I forgot to ask or maybe it was mentioned - is it rental or condos? As long as the demand is there for the price point they're offering, but that depends on the vacancy rate and condo market. A good indicator will be Baydo and how long that takes to lease out but this new project looks to be in a different league, which may help or may not? Looking forward to following this one, and don't forget to keep your Saskatoon pictorial tours coming!
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