Regina Construction II

[Spongebob]

Originally Posted by brithgob

I always try to look at the positive, but I get the feeling Regina's rate is so low because it's still hard to get people to move to the city. Saskatoon is obviously winning the competition for newcomers, even as it pushes their unemployment rate higher.

I mean 4 percent is basically considered full employment. Regina needs to do more to get the attention of newcomers to the province who haven't thought beyond Saskatoon.

I'm not sure I understand your logic. With record housing starts, the lowest vacancy rate for rentals, population booming, one of the highest economic growth forcasts among major cities and record unemployment, I'm not sure how you arrive at "Regina has to do more to get the attention of newcomers to the province". Who cares what Saskatoon is doing. (although I'm glad to see them growing as well) Regina is kicking — when it comes to growth. Just look at the downtown skyline.

[Stormer]

Originally Posted by brithgob

I always try to look at the positive, but I get the feeling Regina's rate is so low because it's still hard to get people to move to the city. Saskatoon is obviously winning the competition for newcomers, even as it pushes their unemployment rate higher.

I mean 4 percent is basically considered full employment. Regina needs to do more to get the attention of newcomers to the province who haven't thought beyond Saskatoon.

Have you been to Regina lately? There are so many people moving here they have no where to live. Population was up over 10% in 5 years-one of the fastest rates in Canada.

[brithgob]

Originally Posted by Stormer

Have you been to Regina lately? There are so many people moving here they have no where to live. Population was up over 10% in 5 years-one of the fastest rates in Canada.

You're right and I didn't want to give the impression that Regina's struggling. I just point to this statistic as proof the jobs are growing faster than the population is.

[Spongebob]

Originally Posted by brithgob

You're right and I didn't want to give the impression that Regina's struggling. I just point to this statistic as proof the jobs are growing faster than the population is.

Or it could be that there are simply less people looking for work in Regina than other cities because there are more jobs here.

[thefourthtower]

Q

[SkydivePilot]

Regina has consistantly between 700-1200 job postings [via Saskjobs] over Saskatoon; and that's over a time span of about a year.

[brithgob]

Originally Posted by SkydivePilot

Regina has consistantly between 700-1200 job postings [via Saskjobs] over Saskatoon; and that's over a time span of about a year.

That's my point. With more jobs our population should be growing faster

[Twrlvr]

Originally Posted by Stormer

Have you been to Regina lately? There are so many people moving here they have no where to live. Population was up over 10% in 5 years-one of the fastest rates in Canada.

I think a lot of potential newcomers could be scarred off by our lack of suitable rental accommodation. Most wouldn't be in the market for a house right away. Once some new rentals come online, the growth rate should pick up even more. Other than Harbor Landing, are there any in the works?

[BrannyMuffin]

Originally Posted by Twrlvr

I think a lot of potential newcomers could be scarred off by our lack of suitable rental accommodation. Most wouldn't be in the market for a house right away. Once some new rentals come online, the growth rate should pick up even more. Other than Harbor Landing, are there any in the works?

I believe there are one or two near downtown.

Edit: I found this link...

http://regina.siretechnologies.com/sirepub/mtgviewer.aspx?meetid=95&doctype=AGENDA

Looks like proposals for apartments at 2255 Angus, 1927-1933 Halifax, and 1945-1955 Halifax as well as a four-plex on 1600 block Ottawa all with recommendations for approval. This was from July, I don't remember hearing anything more about any of them, though...

Now that I look at it, apartment doesn't necessarily mean rental...2255 Angus is definitely a condo...The others could quite possibly be rentals, though.

[Spongebob]

Originally Posted by brithgob

That's my point. With more jobs our population should be growing faster

It is growing faster. If more jobs are being filled in Regina than other places and unemployment is lowest in Regina its kinda academic. I still don't understand your argument.

[brithgob]

Originally Posted by Spongebob

It is growing faster. If more jobs are being filled in Regina than other places and unemployment is lowest in Regina its kinda academic. I still don't understand your argument.

It isn't growing faster than Saskatoon. What I'm saying, from my superficial reading of the numbers, is that it appears many people would rather move to Saskatoon and not find a job than move to Regina where the jobs are.

[Spongebob]

Originally Posted by brithgob

It isn't growing faster than Saskatoon. What I'm saying, from my superficial reading of the numbers, is that it appears many people would rather move to Saskatoon and not find a job than move to Regina where the jobs are.

Your right about one thing, Regina should be growing faster, but not because people would rather move to Saskatoon. It's because demand for housing and living space has outstriped supply in Regina big time. Harvard had a 30 year time frame for finishing Harbour Landing which is now pushed up to 5 years (or so). Housing starts for the end of September in Regina have more than doubled the entire number of houses built in all of 2011. I've talked to home builders about building me a house out of town and most of them won't because they can't keep up to demand in the city. New subdivisions are being planned to relieve the pressure (one of them I heard from a developer is south of Wascana View). Perhaps the people you are referring to who are moving to Saskatoon are people who can't find a place to live in Regina first.

[Dougler306]

You may be right about about saskatoon growing faster but at what price. They are sprawling out with new sub divisons all over the place, with very little infill. Which is destorying valuable wet lands around the city and putting every increasing loads on there outer infrastructure. I find regina's balance of infill(cantburry,GoR, CSP) and new suburbs (the greens, the creeks,hawkstone, kensigton, fairways, and harbour landing) to be not as sprawling as stoons but more condenesed, also most of the land those subdivisons sit on was owned by the city years ago, i cant think of much annex land by the city where there is actual houses being built.Compared to stoon, which is growing outward at an increadible/ thoughtless pace through land aquirements. If this years housing numbers mean anyting, it is that regina is on the rise, where as stoon hit its peak like 2 years ago and is slowing down now. My 2 cents on the topic

[Twrlvr]

Originally Posted by Spongebob

Your right about one thing, Regina should be growing faster, but not because people would rather move to Saskatoon. It's because demand for housing and living space has outstriped supply in Regina big time. Harvard had a 30 year time frame for finishing Harbour Landing which is now pushed up to 5 years (or so). Housing starts for the end of September in Regina have more than doubled the entire number of houses built in all of 2011. I've talked to home builders about building me a house out of town and most of them won't because they can't keep up to demand in the city. New subdivisions are being planned to relieve the pressure (one of them I heard from a developer is south of Wascana View). Perhaps the people you are referring to who are moving to Saskatoon are people who can't find a place to live in Regina first.

That was my point too, but I was emphasizing our lack of rentals. Young people who could be flocking here for the jobs probably aren't in a position to buy yet, and tons of house/condo starts won't help them much.

[SkydivePilot]

Originally Posted by Twrlvr

I think a lot of potential newcomers could be scarred off by our lack of suitable rental accommodation. Most wouldn't be in the market for a house right away. Once some new rentals come online, the growth rate should pick up even more. Other than Harbor Landing, are there any in the works?

I heard the other day that there will be 200+ condo units to be built to the east of the Wal-Mart on Rochdale.

[UrbanClimate]

Originally Posted by Spongebob

Regina is kicking — when it comes to growth. Just look at the downtown skyline.

These photos attest to Regina's compact growth. Photos were taken two months ago on a hot September day.

The first two were taken from the University of Regina campus.





The next three were taken from a gravel road 1 km south of the Regina International Airport. Passengers landing at the Airport
are treated to a beautiful view of glass towers and golden wheatfields (the "shimmer" of the buildings is not from camera shake;
its from hot air rising off the fields).

[thefourthtower]

Q

[Stormer]

Originally Posted by Twrlvr

That was my point too, but I was emphasizing our lack of rentals. Young people who could be flocking here for the jobs probably aren't in a position to buy yet, and tons of house/condo starts won't help them much.

There were 1200 multifamily starts in the first 9 months of 2012. I would estimate half are rentals.

http://www.leaderpost.com/business/Regina+housing+starts+highest+since/7366384/story.html

[Stormer]

Originally Posted by SkydivePilot

I heard the other day that there will be 200+ condo units to be built to the east of the Wal-Mart on Rochdale.

Project Description:

construction of townhouses and lowrise apartment buildings adjacent to an existing residential development. Phase One - approx 155+/- townhouse units; Phase Two - approx 80+/- townhouses & two apartment/low-rise lots (number of units to be determined).
Estimated Value: $50,000,000


http://www.reedconstructiondata.com/project-leads/sample-leads/2012/11/01/9166314/

[prairieguy]

Regina construction activity nearing $700M

Read more: http://www.leaderpost.com/Regina+constru...ng+700M/7486706/story.html#ixzz2B6fSez8k[/QUOTE]

Congrats, Regina!!

Here is a link to article stating Saskatoon should hit 1 Billion this year. It is so fantastic that Sask's 2 largest cities are doing so phenomenal. I think this only fuels the need for more support for the 2 largest cities from provincial government to support infrastructure needs as it is obvious these 2 cities account for a vast majority of Sask's economic growth.

http://www.thestarphoenix.com/City+construction+reach+Billion/7493222/story.html#ixzz2BB7l2Mmd