Plans for Regina's Harbour Landing Business Park launched
Leader-Post staff October 6, 2010 8:09 PM •Story•Photos ( 1 )
(L-R) Richard Jankowski and Dale Griesser of Avison Young, Brian Kernick and Neil Braun of Harbour Landing Business Park, and Matt Domiguez of Exit Realty at a news conference in Regina Monday October 6, 2010Photograph by: Bryan Schlosser, Leader-PostREGINA — The city's first suburban office park was officially launched Wednesday, with the unveiling of plans for Harbour Landing Business Park, a $60-million,160,000 square-foot development in southwest Regina.
Given its proximity to the Regina International Airport and Global Transportation Hub, its proponents believe it won't be long before the project takes off.
"Regina currently has the lowest (office) vacancy rate of all major markets in Canada in both downtown and suburban markets," said Dale Griesser, president of Avison Young Commercial Real Estate (Saskatchewan). "Currently, the vacancy rate in Regina is 2.9 per cent.
"Regina has been experiencing demand for suburban office space for the past several years, and now we have a development ready to proceed," he told a news conference Wednesday.
Located on Parliament Avenue between Lewvan Drive and Harbour Landing Drive, the four, three-storey, 40,000 square-foot buildings will appeal to tenants who want relatively inexpensive office and parking space, Griesser added.
"We think Regina really needs more office space, especially suburban, campus-style office space near the airport,'' said Brian Kernick of Greenview Developments of Cochrane, Alta., who is co-developing HLBP with Neil Braun of Oak Park Developments of Calgary.
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