The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
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SASKATOON<br />
small town values meet big aspirations…..<br />
Snap Shot <strong>of</strong> Saskatoon<br />
“<strong>The</strong> river divides the city <strong>in</strong><br />
two, but we want to br<strong>in</strong>g the<br />
City together… <strong>The</strong> downtown<br />
is the key to connect<strong>in</strong>g both<br />
sides [<strong>of</strong> Saskatoon].”<br />
Largest city <strong>in</strong> Saskatchewan<br />
Grow<strong>in</strong>g downtown population<br />
Saskatoon is experienc<strong>in</strong>g some <strong>of</strong> the<br />
fastest economic growth <strong>in</strong> Canada<br />
A strong agricultural base and evolv<strong>in</strong>g<br />
knowledge based economy<br />
An engaged and committed population<br />
High levels <strong>of</strong> collaboration between<br />
different sectors<br />
In Saskatoon, the downtown is a primary location for<br />
employment, shopp<strong>in</strong>g, enterta<strong>in</strong>ment, arts, culture and<br />
tourism. <strong>The</strong> City <strong>of</strong> Saskatoon and the private sector have<br />
re<strong>in</strong>forced this role by champion<strong>in</strong>g revitalization efforts such<br />
as <strong>in</strong>clusive and progressive plann<strong>in</strong>g processes; <strong>in</strong>vestments<br />
<strong>in</strong> the public realm and key pieces <strong>of</strong> <strong>in</strong>frastructure; and<br />
<strong>in</strong>itiatives to <strong>in</strong>crease the residential population. <strong>The</strong>se efforts<br />
have put downtown Saskatoon <strong>in</strong> an excellent position to act<br />
as a focal po<strong>in</strong>t for the entire City and absorb future growth.<br />
Despite this, the downtown faces a range <strong>of</strong> challenges, such<br />
as realiz<strong>in</strong>g <strong>in</strong>tensification aims <strong>in</strong> the face <strong>of</strong> strong outward<br />
growth pressures, develop<strong>in</strong>g ‘complete communities’ <strong>in</strong> the<br />
core’s two emerg<strong>in</strong>g neighbourhoods - River Land<strong>in</strong>g and the<br />
Warehouse District, and <strong>in</strong>creas<strong>in</strong>g downtown’s vitality,<br />
particularly outside <strong>of</strong> <strong>of</strong>fice hours.<br />
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