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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example, upgrades to Spad<strong>in</strong>a Crescent preceded<br />
two significant condo developments.<br />
<strong>The</strong> renovation <strong>of</strong> 3rd Avenue is currently underway,<br />
and will <strong>in</strong>clude sidewalk remediation, relocation <strong>of</strong><br />
utility l<strong>in</strong>es underground, <strong>in</strong>stallation <strong>of</strong> street trees,<br />
irrigation and custom street furniture. <strong>The</strong>se<br />
improvements should br<strong>in</strong>g more downtown<br />
attractions and assets with<strong>in</strong> comfortable reach for<br />
people on foot while encourag<strong>in</strong>g people to spend<br />
more time downtown. <strong>The</strong>se improvements also<br />
co<strong>in</strong>cide with private commercial developments along<br />
3 rd Avenue.<br />
Improvements to the public realm along downtown<br />
Saskatoon's streets, however, have not been<br />
matched by large park or public square <strong>in</strong>vestments<br />
<strong>in</strong> the heart <strong>of</strong> the downtown. This could be an<br />
excit<strong>in</strong>g new consideration for downtown Saskatoon.<br />
Future Investments<br />
<strong>The</strong>re are many future <strong>in</strong>vestments be<strong>in</strong>g made to the<br />
City <strong>of</strong> Saskatoon’s downtown. In the south end, the<br />
previously mentioned River Land<strong>in</strong>g project is set to<br />
enter a major phase <strong>of</strong> development. This will <strong>in</strong>clude<br />
an <strong>in</strong>crease <strong>in</strong> the amount <strong>of</strong> residential units, <strong>of</strong>fice<br />
and retail space <strong>in</strong> the immediate vic<strong>in</strong>ity. While <strong>in</strong><br />
the north end <strong>of</strong> the downtown, a new police<br />
headquarters is undergo<strong>in</strong>g construction <strong>in</strong><br />
conjunction with streetscape redevelopment <strong>of</strong> 25 th<br />
Street. Overall, the comb<strong>in</strong>ation <strong>of</strong> these <strong>in</strong>vestments<br />
has the potential to transform the core and be the<br />
start <strong>of</strong> a new era <strong>in</strong> downtown Saskatoon.<br />
<strong>The</strong> upcom<strong>in</strong>g stages <strong>of</strong> River Land<strong>in</strong>g have<br />
the potential to transform downtown<br />
Saskatoon.<br />
http://www.riverland<strong>in</strong>g.ca/project_update/phase1/<strong>in</strong>dex.ht<br />
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