Developer pauses downtown grocery over rejected request in Rosewood
"You couldn't pay me to do another project in the city of Saskatoon right now."
The StarPhoenix
Author of the article: Bryn Levy
Publishing date: Nov 02, 2022
The developer behind a proposal to build a grocery store in downtown Saskatoon says the project is now delayed indefinitely due to a recent city council decision.
“You couldn’t pay me to do another project in the city of Saskatoon right now. We’re going to finish what we have, and we’re going to look elsewhere,” said an audibly exasperated Jeffrey Drexel, president of Arbutus Properties.
Drexel spoke to Postmedia on Tuesday by phone from Vancouver, where Arbutus is headquartered.
Council on Monday evening voted 8-1 to reject a request to remove what’s known as the holding symbol on a parcel of land in Rosewood where Arbutus wants to build an apartment tower. The hold blocks work on the building until the lot is serviced. Arbutus is required to put in $7 million worth of sewer infrastructure as a condition of allowing work to proceed.
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